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Independent Film Development (Independent Film Development) Accounts Receivable : $0.00 Mil (As of Jun. 2016)


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What is Independent Film Development Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Independent Film Development's accounts receivables for the quarter that ended in Jun. 2016 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Independent Film Development's Days Sales Outstanding for the quarter that ended in Jun. 2016 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Independent Film Development's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was $-0.01.


Independent Film Development Accounts Receivable Historical Data

The historical data trend for Independent Film Development'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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Independent Film Development Accounts Receivable Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Accounts Receivable
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Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Independent Film Development Accounts Receivable Calculation

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


Independent Film Development 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.

Independent Film Development's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.058*91
=0.00

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

Independent Film Development's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 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)
=(0.025+0.75 * 0+0.5 * 0.005-2.415
-0.001-0)/323.474
=-0.01

* 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.


Independent Film Development Accounts Receivable Related Terms

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Independent Film Development (Independent Film Development) Business Description

Traded in Other Exchanges
N/A
Address
2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.
Executives
Rachel Boulds Cpa, Pllc officer: CFO 6371 S. GLENOAKS STREET, MURRAY UT 84107

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