IPEU (IPE Universal) Accounts Receivable: $2.32 Mil (As of Jun. 2012)

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IPEU IPE Universal Inc IPEU
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What is IPE Universal Accounts Receivable?

IPE Universal IPEU 30 Accounts Receivable is $2.32 Mil as of Jun. 2012. GuruFocus rates IPEU with a GF Score™ of 30/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IPE Universal's accounts receivables for the quarter that ended in Jun. 2012 was $2.32 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IPE Universal's Days Sales Outstanding for the quarter that ended in Jun. 2012 was 27.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. IPE Universal's Net-Net Working Capital per share for the quarter that ended in Jun. 2012 was $-512.39.

IPE Universal 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.

IPE Universal's Days Sales Outstanding for the quarter that ended in Jun. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.319/15.402*91
=27.48

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

IPE Universal's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.018+0.75 * 2.319+0.5 * 0-5.344
-0-0)/0.007
=-512.39

* 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.

IPE Universal Accounts Receivable Related Terms

IPE Universal Accounts Receivable Historical Data

* Premium members only.

The historical data trend for IPE Universal'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.

IPE Universal Accounts Receivable Chart

IPE Universal Annual Data
Trend Jun09 Jun10 Jun11
Accounts Receivable
0.00 3.07 1.37

IPE Universal Semi-Annual Data
Jun09 Jun10 Jun11 Jun12
Accounts Receivable 0.00 3.07 1.37 2.32
IPEU
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IPE Universal Inc IPEU
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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IPE Universal Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $2.32 Mil mean?
IPE Universal (IPEU) has a Accounts Receivable of $2.32 Mil as of Jun. 2012. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on IPE Universal and its competitors.
Is IPE Universal's Accounts Receivable too high?
IPE Universal's current Accounts Receivable is $2.32 Mil. Overall, IPE Universal has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does IPE Universal's Accounts Receivable compare to SPNS and SPT?
IPE Universal's Accounts Receivable of $2.32 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Software company?
A good Accounts Receivable depends on the Software industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on IPE Universal and its competitors. IPE Universal's current Accounts Receivable is $2.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPE Universal stock overvalued right now?
IPE Universal (IPEU) has a current Accounts Receivable of $2.32 Mil. The current Accounts Receivable is $2.32 Mil. IPE Universal's overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For IPE Universal (IPEU), the current Accounts Receivable is $2.32 Mil as of Jun. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IPE Universal Business Description

Address 1752 Ainsdale Drive, Roseville, CA, USA, 95747
IPE Universal Inc is engaged in developing childhood education software systems. The company is engaged in high-tech business developing early childhood education software systems located in Taiwan and China. The company also provides education programs, products, services and technological products but also licenses IP services to businesses, NFTs, Crypto, Virtual Real Estate, Metaverse (Virtual World), and merchandise and many other products.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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