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Safetek International (Safetek International) Accounts Receivable : $0.00 Mil (As of Sep. 2006)


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What is Safetek International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Safetek International's accounts receivables for the quarter that ended in Sep. 2006 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Safetek International's Net-Net Working Capital per share for the quarter that ended in Sep. 2006 was $-0.85.


Safetek International Accounts Receivable Historical Data

The historical data trend for Safetek International'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.

Safetek International Accounts Receivable Chart

Safetek International Annual Data
Trend Dec03 Dec04 Dec05
Accounts Receivable
- - -

Safetek International Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Safetek International Accounts Receivable Calculation

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


Safetek International 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.

Safetek International's Days Sales Outstanding for the quarter that ended in Sep. 2006 is calculated as:

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

Safetek International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2006 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)
=(0.055+0.75 * 0+0.5 * 0.108-1.942
-0-0)/2.167
=-0.85

* 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.


Safetek International Accounts Receivable Related Terms

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Safetek International (Safetek International) Business Description

Traded in Other Exchanges
N/A
Address
20 Chapel Street, Brentwood B, Liverpool, GBR, L39AG
Safetek International Inc currently has no operations. Previously, it was engaged in manufacturing prototypes and distributing the final product on behalf of technology developers.

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