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SED International Holdings (SED International Holdings) Accounts Receivable : $45.4 Mil (As of Jun. 2013)


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What is SED International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SED International Holdings's accounts receivables for the quarter that ended in Jun. 2013 was $45.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SED International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2013 was 39.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SED International Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2013 was $-7.03.


SED International Holdings Accounts Receivable Historical Data

The historical data trend for SED International Holdings'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.

SED International Holdings Accounts Receivable Chart

SED International Holdings Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.13 53.89 64.34 54.03 45.45

SED International Holdings Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 54.03 52.49 64.62 53.01 45.45

SED International Holdings Accounts Receivable Calculation

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


SED International Holdings 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.

SED International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=45.448/105.81*91
=39.19

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

SED International Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(3.605+0.75 * 45.448+0.5 * 40.142-94.097
-0-0)/5.1655
=-7.03

* 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.


SED International Holdings Accounts Receivable Related Terms

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SED International Holdings (SED International Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3505 Newpoint Place, Suite 450, Lawrenceville, GA, USA, 30043
SED International Holdings Inc is engaged in the wholesale distribution of information technology, technology products and solutions, and consumer electronic products in the United States, Colombia and other markets in Latin America. The company operates primarily in the IT and accessories industry distributes hardware, software, accessories and related services.
Executives
Hagan John Ronald Jr officer: Interim CEO 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Dennis L Chandler director 300 TOWER PARKWAY, LINCOLNSHIRE IL 60069
John D Abouchar director 27271 LAS RAMBLAS, STE. 200 MISSION VIEJO CA 92691
Arthur L Goldberg director C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
Hummingbird Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp other: See Footnotes C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

SED International Holdings (SED International Holdings) Headlines

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