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Hayden Hall (Hayden Hall) Accounts Receivable : $0.40 Mil (As of Sep. 2003)


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What is Hayden Hall Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hayden Hall's accounts receivables for the quarter that ended in Sep. 2003 was $0.40 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hayden Hall's Days Sales Outstanding for the quarter that ended in Sep. 2003 was 79.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hayden Hall's Net-Net Working Capital per share for the quarter that ended in Sep. 2003 was $-177.47.


Hayden Hall Accounts Receivable Historical Data

The historical data trend for Hayden Hall'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.

* Premium members only.

Hayden Hall Accounts Receivable Chart

Hayden Hall Annual Data
Trend Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.48 6.29 3.45 2.32 1.85

Hayden Hall Quarterly Data
Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.93 1.85 0.94 0.47 0.40

Hayden Hall Accounts Receivable Calculation

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


Hayden Hall 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.

Hayden Hall's Days Sales Outstanding for the quarter that ended in Sep. 2003 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.404/0.461*91
=79.97

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

Hayden Hall's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2003 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)
=(0.03+0.75 * 0.404+0.5 * 0-7.169
-0-0)/0.03852
=-177.47

* 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.


Hayden Hall Accounts Receivable Related Terms

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Hayden Hall (Hayden Hall) Business Description

Traded in Other Exchanges
N/A
Address
21300 Victory Boulevard, Suite 1200, Woodland Hills, CA, USA, 91367
Hayden Hall Inc is engaged in designing computer-networking systems and software products. These products form the basis for corporate and other telecommunication networks. The company's product includes internetworking products.

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