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ImageWare Systems (ImageWare Systems) Accounts Receivable : $0.31 Mil (As of Mar. 2022)


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What is ImageWare Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ImageWare Systems's accounts receivables for the quarter that ended in Mar. 2022 was $0.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ImageWare Systems's Days Sales Outstanding for the quarter that ended in Mar. 2022 was 33.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ImageWare Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-0.07.


ImageWare Systems Accounts Receivable Historical Data

The historical data trend for ImageWare Systems'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.

ImageWare Systems Accounts Receivable Chart

ImageWare Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.97 0.66 0.58 0.38

ImageWare Systems Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.49 0.44 0.44 0.38 0.31

ImageWare Systems Accounts Receivable Calculation

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


ImageWare Systems 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.

ImageWare Systems's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.314/0.845*91
=33.91

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

ImageWare Systems's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 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)
=(0.832+0.75 * 0.314+0.5 * 0.024-14.21
-10.48-0)/347.275
=-0.07

* 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.


ImageWare Systems Accounts Receivable Related Terms

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ImageWare Systems (ImageWare Systems) Business Description

Traded in Other Exchanges
N/A
Address
11440 West Bernardo Court, Suite 300, San Diego, CA, USA, 92127
ImageWare Systems Inc was founded to innovate imaging. The company built a digital booking platform. ImageWare has evolved as a holder of multimodal biometrics, managing over million identities daily. It is democratizing biometrics by offering defense grade identity and authentication solutions to the masses. By identifying the person, not a device, and never disclosing Personally Identifiable Information (PII), the company is giving populations around the globe access to their important data.
Executives
Neal I Goldman 10 percent owner 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
James W Sight director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
Douglas J Morgan director 561 KEYSTONE AVE #330, RENO NV 89503
Lauren C Anderson director C/O IMAGEWARE SYSTEMS INC., 13500 EVENING CREEK DRIVE N STE 550, SAN DIEGO CA 92128
Jay B Lewis officer: SVP and CFO 9503 SILVER SPUR LN, HIGHLANDS RANCH CO 80130
James M Demitrieus director 13500 EVENING CREEK DRIVE N., SUITE 550, SAN DIEGO CA 92128
Benjamin C. Smeal director 2221 OLYMPIC BLVD., WALNUT CREEK CA 94561
Nantahala Capital Partners Ii Limited Partnership 10 percent owner 130 MAIN ST, 2ND FLOOR, NEW CANAAN CT 06840
Nantahala Capital Management, Llc 10 percent owner 130 MAIN ST., 2ND FLOOR, NEW CANAAN CT 06840
Wilmot B. Harkey 10 percent owner C/O NANTAHALA CAPITAL MANAGEMENT, LLC, 130 MAIN ST. 2ND FLOOR, NEW CANAAN CT 06840
Daniel Mack 10 percent owner C/O NANTAHALA CAPITAL MANAGEMENT, LLC, 130 MAIN ST. 2ND FLOOR, NEW CANAAN CT 06840
Jonathan D Morris officer: CFO C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Kristin Taylor officer: PRESIDENT & CEO 13500 EVENING CREEK DRIVE N, SUITE 550, SAN DIEGO CA 92128
S James Miller director, officer: COB & CEO 10815 RANCHO BERNARDO RD.,, SUITE 310, SAN DIEGO CA 92127
David E. Harding officer: CHIEF TECHNICAL OFFICER 10815 RANCHO BERNARDO ROAD, SUITE 310, SAN DIEGO CA 92127