PSSS (Puissant Industries) Accounts Receivable: $0.05 Mil (As of Dec. 2013)

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What is Puissant Industries Accounts Receivable?

Puissant Industries PSSS -99.50% Accounts Receivable is $0.05 Mil as of Dec. 2013.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Puissant Industries's accounts receivables for the quarter that ended in Dec. 2013 was $0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Puissant Industries's Days Sales Outstanding for the quarter that ended in Dec. 2013 was 19.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Puissant Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was $-0.00.

Puissant Industries 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.

Puissant Industries's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.051/0.473*91
=19.68

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

Puissant Industries's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 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)
=(0.034+0.75 * 0.051+0.5 * 0-0.105
-0-0)/11.074
=-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.

Puissant Industries Accounts Receivable Related Terms

Puissant Industries Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Puissant Industries'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.

Puissant Industries Accounts Receivable Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Accounts Receivable
0.00 0.04 0.05 0.05

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
Accounts Receivable 0.00 0.04 0.05 0.05

Puissant Industries 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 $0.05 Mil mean?
Puissant Industries (PSSS) has a Accounts Receivable of $0.05 Mil as of Dec. 2013. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Puissant Industries and its competitors.
Is Puissant Industries' Accounts Receivable too high?
Puissant Industries' current Accounts Receivable is $0.05 Mil.
How does Puissant Industries' Accounts Receivable compare to MS and GS?
Puissant Industries' Accounts Receivable of $0.05 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Accounts Receivable depends on the Capital Markets 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 Puissant Industries and its competitors. Puissant Industries's current Accounts Receivable is $0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puissant Industries stock overvalued right now?
Puissant Industries (PSSS) has a current Accounts Receivable of $0.05 Mil. The current Accounts Receivable is $0.05 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 Puissant Industries (PSSS), the current Accounts Receivable is $0.05 Mil as of Dec. 2013. 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.

Puissant Industries Business Description

Address 480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Puissant Industries Inc is engaged in the business of Cryptocurrency Mining.