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PrimeCare Systems (PrimeCare Systems) Accounts Receivable : $0.00 Mil (As of Mar. 2011)


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What is PrimeCare Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PrimeCare Systems's accounts receivables for the quarter that ended in Mar. 2011 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. PrimeCare Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2011 was $-0.00.


PrimeCare Systems Accounts Receivable Historical Data

The historical data trend for PrimeCare Systems'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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PrimeCare Systems Accounts Receivable Chart

PrimeCare Systems Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10
Accounts Receivable
- - - - -

PrimeCare Systems Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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PrimeCare Systems Accounts Receivable Calculation

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


PrimeCare Systems 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.

PrimeCare Systems's Days Sales Outstanding for the quarter that ended in Mar. 2011 is calculated as:

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

PrimeCare Systems's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2011 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)
=(0.021+0.75 * 0+0.5 * 0-0.243
-0-0)/110.478
=-0.00

* 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.


PrimeCare Systems Accounts Receivable Related Terms

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PrimeCare Systems (PrimeCare Systems) Business Description

Traded in Other Exchanges
N/A
Address
610 Thimble Shoals Boulevard, Suite 402 A, Newport News, VA, USA, 23606
PrimeCare Systems Inc develops and markets software and diagnostic products for the healthcare industry.

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