GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » InterAmerican Gaming Inc (OTCPK:IAGM) » Definitions » Accounts Receivable

InterAmerican Gaming (InterAmerican Gaming) Accounts Receivable : $0.00 Mil (As of Sep. 2012)


View and export this data going back to . Start your Free Trial

What is InterAmerican Gaming Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. InterAmerican Gaming's accounts receivables for the quarter that ended in Sep. 2012 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. InterAmerican Gaming's Net-Net Working Capital per share for the quarter that ended in Sep. 2012 was $-0.00.


InterAmerican Gaming Accounts Receivable Historical Data

The historical data trend for InterAmerican Gaming'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.

InterAmerican Gaming Accounts Receivable Chart

InterAmerican Gaming Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 - - -

InterAmerican Gaming Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 - - - - -

InterAmerican Gaming Accounts Receivable Calculation

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


InterAmerican Gaming 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.

InterAmerican Gaming's Days Sales Outstanding for the quarter that ended in Sep. 2012 is calculated as:

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

InterAmerican Gaming's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2012 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)
=(0.005+0.75 * 0+0.5 * 0-0.965
-0--0.234)/169.945
=-0.00

* 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.


InterAmerican Gaming Accounts Receivable Related Terms

Thank you for viewing the detailed overview of InterAmerican Gaming's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


InterAmerican Gaming (InterAmerican Gaming) Business Description

Traded in Other Exchanges
N/A
Address
InterAmerican Gaming, Inc., was incorporated on 2 September 1999 in the State of Nevada. The Company develops international gaming operations. The Company leased video lottery terminal slot machines from a related party and began deploying the assets in non-owned gaming locations. In 2009, the Company installed slot machines at Fantasy Club Del Peru SA locations, operating under various brands throughout the country Slot City in Chiclayo, Colibri Dorado in Chincha and Monos Dorados in Huacho and Huaral.

InterAmerican Gaming (InterAmerican Gaming) Headlines

No Headlines