LCDX (Caliber Imaging & Diagnostics) Accounts Receivable: $0.39 Mil (As of Mar. 2014)

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What is Caliber Imaging & Diagnostics Accounts Receivable?

Caliber Imaging & Diagnostics LCDX +50.00% Accounts Receivable is $0.39 Mil as of Mar. 2014.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Caliber Imaging & Diagnostics's accounts receivables for the quarter that ended in Mar. 2014 was $0.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Caliber Imaging & Diagnostics's Days Sales Outstanding for the quarter that ended in Mar. 2014 was 41.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Caliber Imaging & Diagnostics's Net-Net Working Capital per share for the quarter that ended in Mar. 2014 was $-1.81.

Caliber Imaging & Diagnostics 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.

Caliber Imaging & Diagnostics's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.391/0.858*91
=41.58

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

Caliber Imaging & Diagnostics's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2014 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)
=(0.23+0.75 * 0.391+0.5 * 1.006-16.395
-0-0)/8.507
=-1.81

* 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.

Caliber Imaging & Diagnostics Accounts Receivable Related Terms

Caliber Imaging & Diagnostics Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Caliber Imaging & Diagnostics'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.

Caliber Imaging & Diagnostics Accounts Receivable Chart

Caliber Imaging & Diagnostics Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
0.10 0.33 0.39 0.56 0.50

Caliber Imaging & Diagnostics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 0.34 0.06 0.22 0.50 0.39

Caliber Imaging & Diagnostics 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 $0.39 Mil mean?
Caliber Imaging & Diagnostics (LCDX) has a Accounts Receivable of $0.39 Mil as of Mar. 2014. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Caliber Imaging & Diagnostics and its competitors.
Is Caliber Imaging & Diagnostics' Accounts Receivable too high?
Caliber Imaging & Diagnostics' current Accounts Receivable is $0.39 Mil.
How does Caliber Imaging & Diagnostics' Accounts Receivable compare to VICA and CRVW?
Caliber Imaging & Diagnostics' Accounts Receivable of $0.39 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 Caliber Imaging & Diagnostics and its competitors. Caliber Imaging & Diagnostics's current Accounts Receivable is $0.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caliber Imaging & Diagnostics stock overvalued right now?
Caliber Imaging & Diagnostics (LCDX) has a current Accounts Receivable of $0.39 Mil. The current Accounts Receivable is $0.39 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 Caliber Imaging & Diagnostics (LCDX), the current Accounts Receivable is $0.39 Mil as of Mar. 2014. 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.

Caliber Imaging & Diagnostics Business Description

Address 50 Methodist Hill Drive, Suite 1000, Rochester, NY, USA, 14623
Caliber Imaging & Diagnostics Inc is a medical device company engaged in developing, manufacturing, marketing & selling point-of-care cellular imaging systems to diagnose skin cancer. It offers clinical imaging and research imaging solutions that shows tissue at the cellular level. Its products portfolio includes; VivaScope; VivaScope 3000, 1500 & 2500; and VivaNet and VivaScan.