South Beach Spirits (South Beach Spirits) Accounts Receivable : $0.00 Mil (As of Feb. 2018)

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What is South Beach Spirits Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. South Beach Spirits's accounts receivables for the quarter that ended in Feb. 2018 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. South Beach Spirits's Days Sales Outstanding for the quarter that ended in Feb. 2018 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. South Beach Spirits's Net-Net Working Capital per share for the quarter that ended in Feb. 2018 was $0.00.

South Beach Spirits Accounts Receivable Historical Data

The historical data trend for South Beach Spirits'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.

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South Beach Spirits Accounts Receivable Chart

South Beach Spirits Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Accounts Receivable

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South Beach Spirits Semi-Annual Data
	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

South Beach Spirits Accounts Receivable Calculation

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

South Beach Spirits 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.

South Beach Spirits's Days Sales Outstanding for the quarter that ended in Feb. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.119	*	91
=	0.00

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

South Beach Spirits's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2018 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)
=	(0.35	+	0.75 * 0	+	0.5 * 0	-	0.15
-	0	-	0)	/	1062.65
=	0.00

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.

South Beach Spirits Accounts Receivable Related Terms

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South Beach Spirits (South Beach Spirits) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » South Beach Spirits Inc (OTCPK:SBES) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8913 Regents Park Drive, No.550, Tampa, FL, USA, 33401

Website

http://southbeach-spirits.com

South Beach Spirits Inc is a Florida based company. The company is engaged in the development, marketing, and distribution of alcoholic beverage. It distributes traditional and flavored vodka under the brand V Georgio Vodka.

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