PACC (Pacific CMA) Accounts Receivable: $20.6 Mil (As of Sep. 2007)

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What is Pacific CMA Accounts Receivable?

Pacific CMA PACC Accounts Receivable is $20.6 Mil as of Sep. 2007.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pacific CMA's accounts receivables for the quarter that ended in Sep. 2007 was $20.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pacific CMA's Days Sales Outstanding for the quarter that ended in Sep. 2007 was 50.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pacific CMA's Net-Net Working Capital per share for the quarter that ended in Sep. 2007 was $-0.55.

Pacific CMA 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.

Pacific CMA's Days Sales Outstanding for the quarter that ended in Sep. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.613/37.549*91
=50.09

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

Pacific CMA's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2007 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)
=(2.949+0.75 * 20.613+0.5 * 0-33.836
-0-0.192)/28.619
=-0.55

* 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.

Pacific CMA Accounts Receivable Related Terms

Pacific CMA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Pacific CMA'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.

Pacific CMA Accounts Receivable Chart

Pacific CMA Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Accounts Receivable
Get a 7-Day Free Trial 6.46 7.36 13.48 17.39 21.45

Pacific CMA Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 22.75 21.45 17.36 18.85 20.61

Pacific CMA Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $20.6 Mil mean?
Pacific CMA (PACC) has a Accounts Receivable of $20.6 Mil as of Sep. 2007. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Pacific CMA and its competitors.
Is Pacific CMA's Accounts Receivable too high?
Pacific CMA's current Accounts Receivable is $20.6 Mil.
How does Pacific CMA's Accounts Receivable compare to JANL?
Pacific CMA's Accounts Receivable of $20.6 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Transportation company?
A good Accounts Receivable depends on the Transportation industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Pacific CMA and its competitors. Pacific CMA's current Accounts Receivable is $20.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific CMA stock overvalued right now?
Pacific CMA (PACC) has a current Accounts Receivable of $20.6 Mil. The current Accounts Receivable is $20.6 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Pacific CMA (PACC), the current Accounts Receivable is $20.6 Mil as of Sep. 2007. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pacific CMA Business Description

Address c/o Airgate International Corp., 153-10 Rockaway Boulevard, Jamaica, NY, USA, 11434
Pacific CMA Inc is a freight forwarder that manages the transportation of all types of cargo. As a freight forwarder, the company employs a network of commercial carriers to transport cargo for its clients instead of owning transportation assets itself.