GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Remote Dynamics Inc (OTCPK:RMTD) » Definitions » Accounts Receivable

Remote Dynamics (Remote Dynamics) Accounts Receivable : $0.64 Mil (As of Sep. 2009)


View and export this data going back to 2006. Start your Free Trial

What is Remote Dynamics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Remote Dynamics's accounts receivables for the quarter that ended in Sep. 2009 was $0.64 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Remote Dynamics's Days Sales Outstanding for the quarter that ended in Sep. 2009 was 45.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Remote Dynamics's Net-Net Working Capital per share for the quarter that ended in Sep. 2009 was $-0.00.


Remote Dynamics Accounts Receivable Historical Data

The historical data trend for Remote Dynamics'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.

Remote Dynamics Accounts Receivable Chart

Remote Dynamics Annual Data
Trend Dec99 Dec00 Dec01 Aug02 Aug03 Aug04 Aug05 Aug06 Dec07 Dec08
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 2.70 0.59 0.53 0.80

Remote Dynamics Quarterly Data
Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.73 0.80 0.65 0.61 0.64

Remote Dynamics Accounts Receivable Calculation

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


Remote Dynamics 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.

Remote Dynamics's Days Sales Outstanding for the quarter that ended in Sep. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.636/1.289*91
=45.02

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

Remote Dynamics's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2009 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)
=(0.023+0.75 * 0.636+0.5 * 0.148-14.704
-0-0)/10575.9
=-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.


Remote Dynamics Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Remote Dynamics's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Remote Dynamics (Remote Dynamics) Business Description

Traded in Other Exchanges
N/A
Address
200 Chisholm Place, Suite 120, Plano, TX, USA, 75075
Remote Dynamics Inc markets, sells and supports automatic vehicle location and mobile resource management solutions targeting companies that own and operate private vehicle fleets, construction equipment, unpowered assets and others.
Executives
Miller Lloyd I Iii other: Former 10% Owner
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

Remote Dynamics (Remote Dynamics) Headlines

No Headlines