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Transtech Industries (Transtech Industries) Accounts Receivable : $0.03 Mil (As of Dec. 2009)


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What is Transtech Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Transtech Industries's accounts receivables for the quarter that ended in Dec. 2009 was $0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Transtech Industries's Days Sales Outstanding for the quarter that ended in Dec. 2009 was 28.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Transtech Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2009 was $-2.21.


Transtech Industries Accounts Receivable Historical Data

The historical data trend for Transtech Industries'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.

Transtech Industries Accounts Receivable Chart

Transtech Industries Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.03 0.04 0.03 0.03

Transtech Industries Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 0.03 0.03 0.03 0.03 0.03

Transtech Industries Accounts Receivable Calculation

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


Transtech Industries 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.

Transtech Industries's Days Sales Outstanding for the quarter that ended in Dec. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.031/0.1*91
=28.29

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

Transtech Industries's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2009 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)
=(2.387+0.75 * 0.031+0.5 * 0-8.982
-0-0)/2.97919
=-2.21

* 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.


Transtech Industries Accounts Receivable Related Terms

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Transtech Industries (Transtech Industries) Business Description

Traded in Other Exchanges
N/A
Address
2025 Delsea Drive, Sewell, NJ, USA, 08080
Transtech Industries Inc, through its subsidiaries, supervises and performs landfill monitoring, closure and post-closure procedures, manages methane gas recovery operations and generates electric power utilizing methane gas.

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