Riviera Tool Co (Riviera Tool Co) Accounts Receivable : $9.31 Mil (As of Nov. 2006)

Riviera Tool Co Accounts Receivable Chart

Riviera Tool Co Annual Data
	Trend	Aug97	Aug98	Aug99	Aug00	Aug01	Aug02	Aug03	Aug04	Aug05	Aug06
Accounts Receivable		Get a 7-Day Free Trial					2.90	7.01	13.08	5.23	10.38

Riviera Tool Co Quarterly Data
	Feb02	May02	Aug02	Nov02	Feb03	May03	Aug03	Nov03	Feb04	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06
Accounts Receivable	Get a 7-Day Free Trial															7.63	10.99	11.96	10.38	9.31

Riviera Tool Co Accounts Receivable Calculation

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

Riviera Tool Co 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.

Riviera Tool Co's Days Sales Outstanding for the quarter that ended in Nov. 2006 is calculated as:

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

Riviera Tool Co's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2006 is calculated as:

* 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.

Riviera Tool Co Accounts Receivable Related Terms

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Riviera Tool Co (Riviera Tool Co) Business Description