SVSO (SheerVision) Accounts Receivable: $0.14 Mil (As of May. 2010)

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What is SheerVision Accounts Receivable?

SheerVision SVSO Accounts Receivable is $0.14 Mil as of May. 2010.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SheerVision's accounts receivables for the quarter that ended in May. 2010 was $0.14 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SheerVision's Days Sales Outstanding for the quarter that ended in May. 2010 was 13.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SheerVision's Net-Net Working Capital per share for the quarter that ended in May. 2010 was $-0.10.

SheerVision 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.

SheerVision's Days Sales Outstanding for the quarter that ended in May. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.136/0.951*91
=13.05

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

SheerVision's Net-Net Working Capital Per Share for the quarter that ended in May. 2010 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+0.75 * 0.136+0.5 * 0.458-1.658
-0-0)/12.756
=-0.10

* 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.

SheerVision Accounts Receivable Related Terms

SheerVision Accounts Receivable Historical Data

* Premium members only.

The historical data trend for SheerVision'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.

SheerVision Accounts Receivable Chart

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.07 0.05 0.40 0.26

SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 0.16 0.26 0.09 0.17 0.14

SheerVision 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 $0.14 Mil mean?
SheerVision (SVSO) has a Accounts Receivable of $0.14 Mil as of May. 2010. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on SheerVision and its competitors.
Is SheerVision's Accounts Receivable too high?
SheerVision's current Accounts Receivable is $0.14 Mil.
How does SheerVision's Accounts Receivable compare to LENSF and WHSI?
SheerVision's Accounts Receivable of $0.14 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Accounts Receivable depends on the Medical Devices & Instruments 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 SheerVision and its competitors. SheerVision's current Accounts Receivable is $0.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SheerVision stock overvalued right now?
SheerVision (SVSO) has a current Accounts Receivable of $0.14 Mil. The current Accounts Receivable is $0.14 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 SheerVision (SVSO), the current Accounts Receivable is $0.14 Mil as of May. 2010. 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.

SheerVision Business Description

Address 4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.