The Pegasus (The Pegasus) Accounts Receivable : $0.19 Mil (As of Sep. 2006)

View and export this data going back to 1996. Start your Free Trial

What is The Pegasus Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Pegasus's accounts receivables for the quarter that ended in Sep. 2006 was $0.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Pegasus's Days Sales Outstanding for the quarter that ended in Sep. 2006 was 31.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Pegasus's Net-Net Working Capital per share for the quarter that ended in Sep. 2006 was $-43.62.

The Pegasus Accounts Receivable Historical Data

The historical data trend for The Pegasus'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.

The Pegasus Accounts Receivable Chart

The Pegasus Annual Data

Trend

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Accounts Receivable

Get a 7-Day Free Trial

34.74

27.24

4.74

0.07

0.06

The Pegasus Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Accounts Receivable	Get a 7-Day Free Trial															0.12	0.06	0.08	0.24	0.19

The Pegasus Accounts Receivable Calculation

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

The Pegasus 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.

The Pegasus's Days Sales Outstanding for the quarter that ended in Sep. 2006 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.194	/	0.56	*	91
=	31.61

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

The Pegasus's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2006 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)
=	(11.693	+	0.75 * 0.194	+	0.5 * 0	-	14.657
-	0.02	-	2.912)	/	0.13184
=	-43.62

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.

The Pegasus Accounts Receivable Related Terms

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

The Pegasus (The Pegasus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Pegasus Companies Inc (OTCPK:PEGX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 City Line Avenue, Suite 100, Bala Cynwyd, PA, USA, 19004

Website

http://www.xanadoo.com

The Pegasus Companies Inc is the holding company for a variety of satellite and media companies. The company previously operated as an independent provider of DIRECTV to more than 1.1 million subscribers but went into bankruptcy following the termination of the relationship. The company primarily owns and operates six broadcast TV stations and operates three others. These stations serve markets in Tennessee, Florida, Pennsylvania, and Maine.

Executives

Peninsula Investment Partners, L.p.	10 percent owner	404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
Peninsula Capital Advisors Llc	10 percent owner	404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE, VA 22902
James Mcentee	director	CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Ronald B Stark	officer: Principal Accounting Officer	C/O NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Par Capital Management Inc	10 percent owner	200 CLARENDON STREET, FL 48, BOSTON MA 02116
Pegasus Capital Llc	10 percent owner	C/O PEGASUS CAPITAL ADVISORS, L.P., 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902

The Pegasus (The Pegasus) Headlines

No Headlines