HiWave Technologies (LSE:HIW) Accounts Receivable : £0.00 Mil (As of Sep. 2012)

View and export this data going back to . Start your Free Trial

What is HiWave Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HiWave Technologies's accounts receivables for the quarter that ended in Sep. 2012 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HiWave Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2012 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HiWave Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2012 was £-0.00.

HiWave Technologies Accounts Receivable Historical Data

The historical data trend for HiWave Technologies'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.

HiWave Technologies Accounts Receivable Chart

HiWave Technologies Annual Data

Trend

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Sep11

Sep12

Accounts Receivable

Get a 7-Day Free Trial

HiWave Technologies Semi-Annual Data
	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Mar12	Sep12
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

HiWave Technologies Accounts Receivable Calculation

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

HiWave Technologies 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.

HiWave Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2012 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.631	*	91
=	0.00

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

HiWave Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2012 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)
=	(0.345	+	0.75 * 0	+	0.5 * 0.224	-	0.627
-	0	-	0)	/	426.818
=	-0.00

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.

HiWave Technologies Accounts Receivable Related Terms

Thank you for viewing the detailed overview of HiWave Technologies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.