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Reelcause (Reelcause) Accounts Receivable : $6.62 Mil (As of Sep. 2012)


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What is Reelcause Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Reelcause's accounts receivables for the quarter that ended in Sep. 2012 was $6.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Reelcause's Days Sales Outstanding for the quarter that ended in Sep. 2012 was 81.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Reelcause's Net-Net Working Capital per share for the quarter that ended in Sep. 2012 was $-91.81.


Reelcause Accounts Receivable Historical Data

The historical data trend for Reelcause'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.

Reelcause Accounts Receivable Chart

Reelcause Annual Data
Trend Oct08 Oct09 Dec10 Dec11
Accounts Receivable
- - 11.54 9.70

Reelcause Quarterly Data
Apr08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 9.90 9.70 11.39 12.74 6.62

Reelcause Accounts Receivable Calculation

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


Reelcause 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.

Reelcause's Days Sales Outstanding for the quarter that ended in Sep. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.624/7.439*91
=81.25

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

Reelcause's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2012 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)
=(2.054+0.75 * 6.624+0.5 * 6.812-53.812
-0-0)/0.47252
=-91.81

* 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.


Reelcause Accounts Receivable Related Terms

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Reelcause (Reelcause) Business Description

Traded in Other Exchanges
N/A
Address
4760 S Pecos Road, Suite 103, Las Vegas, NV, USA, 89121
Reelcause Inc focuses on commercializing patented technology related to new renewable energy projects. Its Product family include hydrogen gas range, hydrogen boiler, hydrogen hot air fan, hydrogen water purifier, hydrogen water source wave, hydrogen drone, hydrogen ene farm, and realization of smart farm using hydrogen boiler.

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