PRAC (Productivity Technologies) Accounts Receivable: $4.79 Mil (As of Mar. 2005)

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What is Productivity Technologies Accounts Receivable?

Productivity Technologies PRAC Accounts Receivable is $4.79 Mil as of Mar. 2005.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Productivity Technologies's accounts receivables for the quarter that ended in Mar. 2005 was $4.79 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Productivity Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2005 was 70.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Productivity Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2005 was $-4.03.

Productivity Technologies 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.

Productivity Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2005 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.787/6.169*91
=70.81

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

Productivity Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2005 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)
=(1.316+0.75 * 4.787+0.5 * 1.239-16.599
-0-0)/2.748
=-4.03

* 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.

Productivity Technologies Accounts Receivable Related Terms

Productivity Technologies Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Productivity Technologies'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.

Productivity Technologies Accounts Receivable Chart

Productivity Technologies Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun04
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.00 12.71 2.90 4.48

Productivity Technologies Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun04 Sep04 Dec04 Mar05
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 4.43 4.48 4.40 4.66 4.79

Productivity Technologies 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 $4.79 Mil mean?
Productivity Technologies (PRAC) has a Accounts Receivable of $4.79 Mil as of Mar. 2005. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Productivity Technologies and its competitors.
Is Productivity Technologies' Accounts Receivable too high?
Productivity Technologies' current Accounts Receivable is $4.79 Mil.
How does Productivity Technologies' Accounts Receivable compare to TNRG?
Productivity Technologies' Accounts Receivable of $4.79 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Accounts Receivable depends on the Industrial Products 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 Productivity Technologies and its competitors. Productivity Technologies's current Accounts Receivable is $4.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Productivity Technologies stock overvalued right now?
Productivity Technologies (PRAC) has a current Accounts Receivable of $4.79 Mil. The current Accounts Receivable is $4.79 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 Productivity Technologies (PRAC), the current Accounts Receivable is $4.79 Mil as of Mar. 2005. 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.

Productivity Technologies Business Description

Address 666 Dundee Road, Suite 300, Northbrook, IL, USA, 60062
Productivity Technologies Corp is a provider of production machinery, parking systems, and fabricated structures. It is a supplier of quick die change, flexible transfer, and stacking/destacking equipment used to automate metal forming operations. It is a leader in designing, manufacturing and installing fully mechanized automated parking systems. The company is also focused on fabricating shipping containers to support real estate development. This includes using shipping containers for office, retail and multi-family structures.