SOSO (Storage Computer) Accounts Receivable: $0.00 Mil (As of Sep. 2004)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Storage Computer Accounts Receivable?

Storage Computer SOSO -90.00% Accounts Receivable is $0.00 Mil as of Sep. 2004.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Storage Computer's accounts receivables for the quarter that ended in Sep. 2004 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Storage Computer's Days Sales Outstanding for the quarter that ended in Sep. 2004 was 1.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Storage Computer's Net-Net Working Capital per share for the quarter that ended in Sep. 2004 was $-0.11.

Storage Computer 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.

Storage Computer's Days Sales Outstanding for the quarter that ended in Sep. 2004 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.001/0.086*91
=1.06

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

Storage Computer's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2004 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)
=(0.01+0.75 * 0.001+0.5 * 1.053-4.615
-0.1-0)/38.922
=-0.11

* 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.

Storage Computer Accounts Receivable Related Terms

Storage Computer Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Storage Computer'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.

Storage Computer Accounts Receivable Chart

Storage Computer Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.85 1.64 0.19 0.14

Storage Computer Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04
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 0.08 0.14 0.06 0.01 0.00

Storage Computer Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.00 Mil mean?
Storage Computer (SOSO) has a Accounts Receivable of $0.00 Mil as of Sep. 2004. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Storage Computer and its competitors.
Is Storage Computer's Accounts Receivable too high?
Storage Computer's current Accounts Receivable is $0.00 Mil.
How does Storage Computer's Accounts Receivable compare to CRDS and MSDI?
Storage Computer's Accounts Receivable of $0.00 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Hardware company?
A good Accounts Receivable depends on the Hardware industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Storage Computer and its competitors. Storage Computer's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Storage Computer stock overvalued right now?
Storage Computer (SOSO) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Storage Computer (SOSO), the current Accounts Receivable is $0.00 Mil as of Sep. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Storage Computer Business Description

Address 11 Riverside Drive, Nashua, NH, USA, 03062-1373
Storage Computer Corp designs and manufactures disk-storage subsystems and solid-state disks for enterprise-wide computer storage systems.