GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Speaking Roses International Inc (GREY:SRII) » Definitions » Accounts Receivable

Speaking Roses International (Speaking Roses International) Accounts Receivable : $0.20 Mil (As of Mar. 2007)


View and export this data going back to . Start your Free Trial

What is Speaking Roses International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Speaking Roses International's accounts receivables for the quarter that ended in Mar. 2007 was $0.20 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Speaking Roses International's Days Sales Outstanding for the quarter that ended in Mar. 2007 was 32.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Speaking Roses International's Net-Net Working Capital per share for the quarter that ended in Mar. 2007 was $-0.19.


Speaking Roses International Accounts Receivable Historical Data

The historical data trend for Speaking Roses 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.

Speaking Roses International Accounts Receivable Chart

Speaking Roses International Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Accounts Receivable
- - 0.06 0.10 0.09

Speaking Roses International Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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 0.34 0.15 0.14 0.09 0.20

Speaking Roses International Accounts Receivable Calculation

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


Speaking Roses 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.

Speaking Roses International's Days Sales Outstanding for the quarter that ended in Mar. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.201/0.563*91
=32.58

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

Speaking Roses International's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2007 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)
=(0.152+0.75 * 0.201+0.5 * 0.066-6.937
-0-0)/35.6533
=-0.19

* 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.


Speaking Roses International Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Speaking Roses International's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Speaking Roses International (Speaking Roses International) Business Description

Traded in Other Exchanges
N/A
Address
1536 North Woodland Park Drive, Suite No 130, Layton, UT, USA, 84041
Speaking Roses International Inc develops and markets floral products. The company sells embossed flowers, floral sets, personalized flower bouquets to individuals and businesses.

Speaking Roses International (Speaking Roses International) Headlines

No Headlines