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Leone Asset Management (Leone Asset Management) Accounts Receivable : $0.04 Mil (As of Dec. 2018)


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What is Leone Asset Management Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Leone Asset Management's accounts receivables for the quarter that ended in Dec. 2018 was $0.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Leone Asset Management's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 50.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Leone Asset Management's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $0.00.


Leone Asset Management Accounts Receivable Historical Data

The historical data trend for Leone Asset Management'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.

Leone Asset Management Accounts Receivable Chart

Leone Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.06 0.04

Leone Asset Management Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Dec12 Mar13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.06 0.06 0.06 0.04 0.04

Leone Asset Management Accounts Receivable Calculation

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


Leone Asset Management 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.

Leone Asset Management's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.037/0.067*91
=50.39

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

Leone Asset Management's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.138+0.75 * 0.037+0.5 * 0.298-2.984
-0--3.006)/138.865
=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.


Leone Asset Management Accounts Receivable Related Terms

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Leone Asset Management (Leone Asset Management) Business Description

Traded in Other Exchanges
N/A
Address
801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness, Research and Development, Agriculture Management and Infrastructure development. The company provides services such as Health and Nutrition Products Manufacturing and Distribution to its clients.

Leone Asset Management (Leone Asset Management) Headlines

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