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Davi Luxury Brand Group (Davi Luxury Brand Group) Accounts Receivable : $0.02 Mil (As of Mar. 2014)


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What is Davi Luxury Brand Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Davi Luxury Brand Group's accounts receivables for the quarter that ended in Mar. 2014 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Davi Luxury Brand Group's Days Sales Outstanding for the quarter that ended in Mar. 2014 was 44.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Davi Luxury Brand Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2014 was $0.01.


Davi Luxury Brand Group Accounts Receivable Historical Data

The historical data trend for Davi Luxury Brand 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.

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Davi Luxury Brand Group Accounts Receivable Chart

Davi Luxury Brand Group Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Accounts Receivable
Get a 7-Day Free Trial - - 0.11 0.21 0.08

Davi Luxury Brand Group Quarterly Data
Jun09 Sep09 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 Premium Member Only Premium Member Only 0.10 0.12 0.08 0.07 0.02

Davi Luxury Brand Group Accounts Receivable Calculation

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


Davi Luxury Brand 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.

Davi Luxury Brand Group's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.023/0.047*91
=44.65

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

Davi Luxury Brand Group'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)
=(0.427+0.75 * 0.023+0.5 * 0.039-0.328
-0-0)/14.1959
=0.01

* 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.


Davi Luxury Brand Group Accounts Receivable Related Terms

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Davi Luxury Brand Group (Davi Luxury Brand Group) Business Description

Traded in Other Exchanges
N/A
Address
9426 Dayton Way, Beverly Hills, CA, USA, 90210
Davi Luxury Brand Group Inc is a skin care (cosmetics) company that offers a grape-vineyard, botanical based skin care products marketed under the Company's 'DAVI', 'DAVI NAPA' and 'DAVI SKIN' brand names. All of its products are, or will be sold 'over the counter.' Through licensing and other arrangements, its products are available in high-end retail stores in Asia, luxury hotels worldwide, and in-flight and duty-free shops of a global luxury airline. The Company's products compete against similar, branded products of many large and small companies.

Davi Luxury Brand Group (Davi Luxury Brand Group) Headlines

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