GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nouveau Life Pharmaceuticals Inc (OTCPK:NOUV) » Definitions » Accounts Receivable

Nouveau Life Pharmaceuticals (Nouveau Life Pharmaceuticals) Accounts Receivable : $0.00 Mil (As of Mar. 2008)


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

What is Nouveau Life Pharmaceuticals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nouveau Life Pharmaceuticals's accounts receivables for the quarter that ended in Mar. 2008 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nouveau Life Pharmaceuticals's Net-Net Working Capital per share for the quarter that ended in Mar. 2008 was $-0.04.


Nouveau Life Pharmaceuticals Accounts Receivable Historical Data

The historical data trend for Nouveau Life Pharmaceuticals'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.

Nouveau Life Pharmaceuticals Accounts Receivable Chart

Nouveau Life Pharmaceuticals Annual Data
Trend Jun03 Jun04 Jun05 Jun06
Accounts Receivable
- - - -

Nouveau Life Pharmaceuticals Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
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 - - - - -

Nouveau Life Pharmaceuticals Accounts Receivable Calculation

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


Nouveau Life Pharmaceuticals 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.

Nouveau Life Pharmaceuticals's Days Sales Outstanding for the quarter that ended in Mar. 2008 is calculated as:

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

Nouveau Life Pharmaceuticals's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2008 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+0.75 * 0+0.5 * 0-1.127
-0-0)/30.1117
=-0.04

* 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.


Nouveau Life Pharmaceuticals Accounts Receivable Related Terms

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


Nouveau Life Pharmaceuticals (Nouveau Life Pharmaceuticals) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200-A, Torrance, CA, USA, 90501
Nouveau Life Pharmaceuticals Inc is a healthcare solution company that provides non-face-to-face care services. Its product portfolio includes SILBY, Tomy, Amy, Maro, and Kiromy.

Nouveau Life Pharmaceuticals (Nouveau Life Pharmaceuticals) Headlines