ULSP (Ultimate Sports Entertainment) Accounts Receivable: $0.01 Mil (As of Oct. 2002)

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What is Ultimate Sports Entertainment Accounts Receivable?

Ultimate Sports Entertainment ULSP Accounts Receivable is $0.01 Mil as of Oct. 2002.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ultimate Sports Entertainment's accounts receivables for the quarter that ended in Oct. 2002 was $0.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ultimate Sports Entertainment's Days Sales Outstanding for the quarter that ended in Oct. 2002 was 2.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ultimate Sports Entertainment's Net-Net Working Capital per share for the quarter that ended in Oct. 2002 was $-0.39.

Ultimate Sports Entertainment 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.

Ultimate Sports Entertainment's Days Sales Outstanding for the quarter that ended in Oct. 2002 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.009/0.391*91
=2.10

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

Ultimate Sports Entertainment's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2002 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 * 0.009+0.5 * 0.006-2.927
-0-0)/7.470
=-0.39

* 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.

Ultimate Sports Entertainment Accounts Receivable Related Terms

Ultimate Sports Entertainment Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Ultimate Sports Entertainment'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.

Ultimate Sports Entertainment Accounts Receivable Chart

Ultimate Sports Entertainment Annual Data
Trend Jan00 Jan01 Jan02
Accounts Receivable
0.00 0.00 0.00

Ultimate Sports Entertainment Quarterly Data
Jan00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.03 0.01

Ultimate Sports Entertainment 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 $0.01 Mil mean?
Ultimate Sports Entertainment (ULSP) has a Accounts Receivable of $0.01 Mil as of Oct. 2002. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Ultimate Sports Entertainment and its competitors.
Is Ultimate Sports Entertainment's Accounts Receivable too high?
Ultimate Sports Entertainment's current Accounts Receivable is $0.01 Mil.
How does Ultimate Sports Entertainment's Accounts Receivable compare to GPIW and FRLF?
Ultimate Sports Entertainment's Accounts Receivable of $0.01 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Accounts Receivable depends on the Media - Diversified 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 Ultimate Sports Entertainment and its competitors. Ultimate Sports Entertainment's current Accounts Receivable is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Sports Entertainment stock overvalued right now?
Ultimate Sports Entertainment (ULSP) has a current Accounts Receivable of $0.01 Mil. The current Accounts Receivable is $0.01 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 Ultimate Sports Entertainment (ULSP), the current Accounts Receivable is $0.01 Mil as of Oct. 2002. 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.

Ultimate Sports Entertainment Business Description