Prime Acquisition (Prime Acquisition) Accounts Receivable : $0.05 Mil (As of Dec. 2018)

View and export this data going back to 2011. Start your Free Trial

What is Prime Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Prime Acquisition's accounts receivables for the quarter that ended in Dec. 2018 was $0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Prime Acquisition's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 3.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Prime Acquisition's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $N/A.

Prime Acquisition Accounts Receivable Historical Data

The historical data trend for Prime Acquisition'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.

Prime Acquisition Accounts Receivable Chart

Prime Acquisition Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Receivable

Get a 7-Day Free Trial

0.37

0.69

0.16

0.14

0.05

Prime Acquisition Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Accounts Receivable	Get a 7-Day Free Trial			0.37	0.69	0.16	0.14	0.05

Prime Acquisition Accounts Receivable Calculation

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

Prime Acquisition 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.

Prime Acquisition's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.054	/	2.684	*	91
=	3.67

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

Prime Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=	(0.108	+	0.75 * 0.054	+	0.5 * 0	-	36.774
-	0	-	0)	/	0
=	N/A

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.

Prime Acquisition Accounts Receivable Related Terms

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

Prime Acquisition (Prime Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prime Acquisition Corp (NAS:PACQW) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 322, Zhongshan East Road, Hebei Province, Shijiazhuang, CHN, 050011

Website

https://ir.primeacq.com

Prime Acquisition Corp is a Cayman Islands company that owns and operates the office, commercial and industrial properties in Italy. It is focused on building a portfolio of high yield-producing assets. The company has a diverse portfolio of commercial real estate assets, including, primarily, well-located office buildings and industrial/warehouse buildings. It generates revenue from rental income.

Prime Acquisition (Prime Acquisition) Headlines

No Headlines