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Southridge Enterprises (Southridge Enterprises) Accounts Receivable : $0.00 Mil (As of May. 2008)


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What is Southridge Enterprises Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Southridge Enterprises's accounts receivables for the quarter that ended in May. 2008 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Southridge Enterprises's Days Sales Outstanding for the quarter that ended in May. 2008 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. Southridge Enterprises's Net-Net Working Capital per share for the quarter that ended in May. 2008 was $16.12.


Southridge Enterprises Accounts Receivable Historical Data

The historical data trend for Southridge Enterprises'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.

Southridge Enterprises Accounts Receivable Chart

Southridge Enterprises Annual Data
Trend Aug06 Aug07
Accounts Receivable
- -

Southridge Enterprises Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
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Southridge Enterprises Accounts Receivable Calculation

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


Southridge Enterprises 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.

Southridge Enterprises's Days Sales Outstanding for the quarter that ended in May. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/6.72*91
=0.00

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

Southridge Enterprises's Net-Net Working Capital Per Share for the quarter that ended in May. 2008 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)
=(3.522+0.75 * 0+0.5 * 0-3.439
-0-0)/0.00515
=16.12

* 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.


Southridge Enterprises Accounts Receivable Related Terms

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Southridge Enterprises (Southridge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3625 N. Hall Street, Suite 900, Dallas, TX, USA, 75219
Southridge Enterprises Inc is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties.

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