PRXM (Proxim Wireless) Accounts Receivable: $3.62 Mil (As of Mar. 2010)

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What is Proxim Wireless Accounts Receivable?

Proxim Wireless PRXM Accounts Receivable is $3.62 Mil as of Mar. 2010.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Proxim Wireless's accounts receivables for the quarter that ended in Mar. 2010 was $3.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Proxim Wireless's Days Sales Outstanding for the quarter that ended in Mar. 2010 was 42.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Proxim Wireless's Net-Net Working Capital per share for the quarter that ended in Mar. 2010 was $-42.33.

Proxim Wireless 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.

Proxim Wireless's Days Sales Outstanding for the quarter that ended in Mar. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.618/7.717*91
=42.78

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

Proxim Wireless's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2010 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)
=(4.15+0.75 * 3.618+0.5 * 2.696-18.16
-0-0)/0.235
=-42.33

* 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.

Proxim Wireless Accounts Receivable Related Terms

Proxim Wireless Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Proxim Wireless'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.

Proxim Wireless Accounts Receivable Chart

Proxim Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.38 5.54 9.33 4.08 2.98

Proxim Wireless Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec09 Mar10
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 4.94 4.08 0.00 2.98 3.62

Proxim Wireless 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 $3.62 Mil mean?
Proxim Wireless (PRXM) has a Accounts Receivable of $3.62 Mil as of Mar. 2010. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Proxim Wireless and its competitors.
Is Proxim Wireless' Accounts Receivable too high?
Proxim Wireless' current Accounts Receivable is $3.62 Mil.
How does Proxim Wireless' Accounts Receivable compare to OSAT and GTXO?
Proxim Wireless' Accounts Receivable of $3.62 Mil can be compared against companies in the Hardware 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 a Hardware company?
A good Accounts Receivable depends on the Hardware 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 Proxim Wireless and its competitors. Proxim Wireless's current Accounts Receivable is $3.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxim Wireless stock overvalued right now?
Proxim Wireless (PRXM) has a current Accounts Receivable of $3.62 Mil. The current Accounts Receivable is $3.62 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 Proxim Wireless (PRXM), the current Accounts Receivable is $3.62 Mil as of Mar. 2010. 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.

Proxim Wireless Business Description

Address 2114 Ringwood Avenue, San Jose, CA, USA, 95131
Proxim Wireless Corp provides solutions for broadband wireless networks for enterprises, governments, and service providers. Its systems enable a variety of wireless applications, including security and surveillance, VoIP, last-mile access, enterprise LAN, and point-to-point backhaul. The company's product offerings include the Edge 1000 series of wireless broadband solutions; the Stratum series of 5 GHz and 6 GHz fixed wireless solutions for point-to-point and point-to-multipoint connectivity; ORiNOCO AP-9200R, an IP67-rated outdoor access point; ProximVision, a cloud-enabled carrier management system and WLAN controller; and Link calculator and estimator tools. Proxim serves customers through distributors, value-added resellers, system integrators, and original equipment manufacturers.