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TransGlobal Assets (TransGlobal Assets) Accounts Receivable : $0.00 Mil (As of Dec. 2011)


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What is TransGlobal Assets Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TransGlobal Assets's accounts receivables for the quarter that ended in Dec. 2011 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TransGlobal Assets's Days Sales Outstanding for the quarter that ended in Dec. 2011 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. TransGlobal Assets's Net-Net Working Capital per share for the quarter that ended in Dec. 2011 was $-0.02.

TransGlobal Assets Accounts Receivable Historical Data

The historical data trend for TransGlobal Assets'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.

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TransGlobal Assets Accounts Receivable Chart

TransGlobal Assets Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable
0.01 - - - -

TransGlobal Assets Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable 0.01 - - - -

TransGlobal Assets Accounts Receivable Calculation

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

TransGlobal Assets 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.

TransGlobal Assets's Days Sales Outstanding for the quarter that ended in Dec. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.123*91
=0.00

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

TransGlobal Assets's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2011 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+0.5 * 0-1.896
-0-0)/102.587
=-0.02

* 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.

TransGlobal Assets Accounts Receivable Related Terms

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TransGlobal Assets (TransGlobal Assets) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TransGlobal Assets Inc (OTCPK:TMSH) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
810 Pony Express Road, Cheyenne, WY, USA, 82009
Website
https://www.transglobalassets.com
TransGlobal Assets Inc provides customers with a wide range of high-quality CBD & THC products from its organically grown Clones, Teens and Mothers. Its self-sustaining Hemp Ranch will be vertically integrated from acres allocated, to outdoor cultivation and indoor greenhouses, to warehouses for processing farm-grown hemp into textiles, hempcrete & plastics and processing all-natural products.