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Homeland Security (Homeland Security) Accounts Receivable : $0.00 Mil (As of . 20)


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What is Homeland Security Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Homeland Security's accounts receivables for the quarter that ended in . 20 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Homeland Security's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.


Homeland Security Accounts Receivable Historical Data

The historical data trend for Homeland Security's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Homeland Security Accounts Receivable Chart

Homeland Security Annual Data
Trend
Accounts Receivable

Homeland Security Quarterly Data
Accounts Receivable

Homeland Security Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Homeland Security Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Homeland Security's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Homeland Security's accounts receivable are only considered to be worth 75% of book value:

Homeland Security's Net-Net Working Capital Per Share for the quarter that ended in . 20 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Homeland Security Accounts Receivable Related Terms

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Homeland Security (Homeland Security) Business Description

Traded in Other Exchanges
N/A
Address
123 West NYE Lane, Suite 129, Carson City, NV, USA, 89706
Homeland Security Corp is engaged in the distribution of security and surveillance products through the Internet.

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