KVMD (Kelvin Medical) Accounts Receivable: $0.00 Mil (As of Mar. 2018)

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What is Kelvin Medical Accounts Receivable?

Kelvin Medical KVMD Accounts Receivable is $0.00 Mil as of Mar. 2018.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kelvin Medical's accounts receivables for the quarter that ended in Mar. 2018 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. Kelvin Medical's Net-Net Working Capital per share for the quarter that ended in Mar. 2018 was $-0.00.

Kelvin Medical 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.

Kelvin Medical's Days Sales Outstanding for the quarter that ended in Mar. 2018 is calculated as:

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

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

Kelvin Medical's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2018 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)
=(0.036549+0.75 * +0.5 * 0-0.042842
-0-0)/67.2975
=-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.

Kelvin Medical Accounts Receivable Related Terms

Kelvin Medical Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Kelvin Medical'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.

Kelvin Medical Accounts Receivable Chart

Kelvin Medical Annual Data
Trend Jun17
Accounts Receivable
0.00

Kelvin Medical Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Accounts Receivable Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Kelvin Medical 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 $0.00 Mil mean?
Kelvin Medical (KVMD) has a Accounts Receivable of $0.00 Mil as of Mar. 2018. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Kelvin Medical and its competitors.
Is Kelvin Medical's Accounts Receivable too high?
Kelvin Medical's current Accounts Receivable is $0.00 Mil.
How does Kelvin Medical's Accounts Receivable compare to XTNT and ACRX?
Kelvin Medical's Accounts Receivable of $0.00 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Accounts Receivable depends on the Medical Devices & Instruments 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 Kelvin Medical and its competitors. Kelvin Medical's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelvin Medical stock overvalued right now?
Kelvin Medical (KVMD) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. 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 Kelvin Medical (KVMD), the current Accounts Receivable is $0.00 Mil as of Mar. 2018. 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.

Kelvin Medical Business Description

Address 10930 Skyranch Place, Nevada, CA, USA, 95959
Kelvin Medical Inc is a consumer medical device company. It is engaged in the development, production, and sale of medical devices. The company intends to serve the healthcare services companies who specialize in the distribution of medical products, pharmacies, representatives and sporting goods stores. The company has developed the Therm-N-Ice is a wearable consumer medical device.