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1st Holdings, (TSE:3644) Accounts Receivable : 円0 Mil (As of May. 2013)


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What is 1st Holdings, Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 1st Holdings,'s accounts receivables for the quarter that ended in May. 2013 was 円0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 1st Holdings,'s Days Sales Outstanding for the quarter that ended in May. 2013 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. 1st Holdings,'s Net-Net Working Capital per share for the quarter that ended in May. 2013 was 円-181.20.


1st Holdings, Accounts Receivable Historical Data

The historical data trend for 1st Holdings,'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.

1st Holdings, Accounts Receivable Chart

1st Holdings, Annual Data
Trend Feb10 Feb11 Feb12
Accounts Receivable
- - -

1st Holdings, Quarterly Data
Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

1st Holdings, Accounts Receivable Calculation

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


1st Holdings, 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.

1st Holdings,'s Days Sales Outstanding for the quarter that ended in May. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3082.141*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 1st Holdings,'s accounts receivable are only considered to be worth 75% of book value:

1st Holdings,'s Net-Net Working Capital Per Share for the quarter that ended in May. 2013 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)
=(1908.026+0.75 * 0+0.5 * 99.456-7552.202
-0-0)/30.874
=-181.20

* 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.


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1st Holdings, Business Description

Traded in Other Exchanges
N/A
Address
1st Holdings, Inc. provides valuable creative software.

1st Holdings, Headlines

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