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Interpharm Holdings (Interpharm Holdings) Accounts Receivable : $13.72 Mil (As of Dec. 2007)


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What is Interpharm Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Interpharm Holdings's accounts receivables for the quarter that ended in Dec. 2007 was $13.72 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Interpharm Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2007 was 77.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Interpharm Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2007 was $-0.80.


Interpharm Holdings Accounts Receivable Historical Data

The historical data trend for Interpharm Holdings'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.

Interpharm Holdings Accounts Receivable Chart

Interpharm Holdings Annual Data
Trend Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.93 6.85 7.66 14.21 12.95

Interpharm Holdings Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
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 11.35 14.11 12.95 16.32 13.72

Interpharm Holdings Accounts Receivable Calculation

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


Interpharm Holdings 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.

Interpharm Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.718/16.214*91
=77.20

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

Interpharm Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2007 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)
=(0.041+0.75 * 13.718+0.5 * 12.256-69.628
-0.051-0)/66.738
=-0.80

* 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.


Interpharm Holdings Accounts Receivable Related Terms

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Interpharm Holdings (Interpharm Holdings) Business Description

Traded in Other Exchanges
N/A
Address
75 Adams Avenue, Hauppague, NY, USA, 11788
Website
Interpharm Holdings Inc manufactures generic and over-the-counter medications. The company also pursues the development of other generic drugs in broad categories.

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