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LookSmart Group (LookSmart Group) Accounts Receivable : $0.63 Mil (As of Jun. 2017)


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What is LookSmart Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LookSmart Group's accounts receivables for the quarter that ended in Jun. 2017 was $0.63 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LookSmart Group's Days Sales Outstanding for the quarter that ended in Jun. 2017 was 36.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LookSmart Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $-77.03.


LookSmart Group Accounts Receivable Historical Data

The historical data trend for LookSmart Group'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.

LookSmart Group Accounts Receivable Chart

LookSmart Group Annual Data
Trend Dec14 Dec15 Dec16
Accounts Receivable
0.26 0.81 1.12

LookSmart Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.56 0.63 1.06 1.12 0.63

LookSmart Group Accounts Receivable Calculation

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


LookSmart Group 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.

LookSmart Group's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.627/1.58*91
=36.21

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

LookSmart Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 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)
=(0.211+0.75 * 0.627+0.5 * 0-5.103
-0-0)/0.0574
=-77.03

* 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.


LookSmart Group Accounts Receivable Related Terms

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LookSmart Group (LookSmart Group) Business Description

Traded in Other Exchanges
N/A
Address
2850 West Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052
LookSmart Group Inc engages in providing digital advertising solutions. The company provides solutions for search and display advertising customers in a large online advertising ecosystem serving ads that target user queries on partner sites. It offers search advertising customers, and targeted search through a search advertising distribution network that uses the company's AdCenter platform technology. It offers advertisers the ability to buy graphical display advertising. The company derives its revenues from LookSmart AdCenter, Novatech.io, ShopWiki, and web searches.

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