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PERF Go-Green Holdings (PERF Go-Green Holdings) Accounts Receivable : $0.06 Mil (As of Dec. 2009)


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What is PERF Go-Green Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PERF Go-Green Holdings's accounts receivables for the quarter that ended in Dec. 2009 was $0.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PERF Go-Green Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2009 was 21.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PERF Go-Green Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2009 was $-0.06.


PERF Go-Green Holdings Accounts Receivable Historical Data

The historical data trend for PERF Go-Green Holdings'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.

PERF Go-Green Holdings Accounts Receivable Chart

PERF Go-Green Holdings Annual Data
Trend Oct06 Oct07 Mar09
Accounts Receivable
- - 0.48

PERF Go-Green Holdings Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.48 0.10 0.17 0.06

PERF Go-Green Holdings Accounts Receivable Calculation

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


PERF Go-Green Holdings 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.

PERF Go-Green Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.058/0.243*91
=21.78

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

PERF Go-Green Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2009 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)
=(1.112+0.75 * 0.058+0.5 * 0.219-4.942
-0-0)/65.1071
=-0.06

* 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.


PERF Go-Green Holdings Accounts Receivable Related Terms

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PERF Go-Green Holdings (PERF Go-Green Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12 E. 52nd Street, 4th Floor, New York, NY, USA, 10022
Website
PERF Go-Green Holdings Inc is engaged in the production of biodegradable plastic products.

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