API Group (LSE:APIA) Accounts Receivable : £0.00 Mil (As of Sep. 2014)

API Group Accounts Receivable Chart

API Group Annual Data
	Trend	Sep04	Sep05	Sep06	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14
Accounts Receivable		Get a 7-Day Free Trial					14.44	14.93	13.77	13.56	14.16

API Group Semi-Annual Data
	Sep04	Mar05	Sep05	Mar06	Sep06	Mar07	Sep07	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14
Accounts Receivable	Get a 7-Day Free Trial															15.96	13.56	-	14.16	-

API Group Accounts Receivable Calculation

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

API 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.

API Group's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

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

API Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2014 is calculated as:

* 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.

API Group Accounts Receivable Related Terms

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API Group (LSE:APIA) Business Description