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UMAM (Umami Sustainable Seafood) Accounts Receivable : $1.48 Mil (As of Dec. 2012)


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What is Umami Sustainable Seafood Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Umami Sustainable Seafood's accounts receivables for the quarter that ended in Dec. 2012 was $1.48 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Umami Sustainable Seafood's Days Sales Outstanding for the quarter that ended in Dec. 2012 was 6.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Umami Sustainable Seafood's Net-Net Working Capital per share for the quarter that ended in Dec. 2012 was $-1.12.


Umami Sustainable Seafood Accounts Receivable Historical Data

The historical data trend for Umami Sustainable Seafood'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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Umami Sustainable Seafood Accounts Receivable Chart

Umami Sustainable Seafood Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Jun11 Jun12
Accounts Receivable
Get a 7-Day Free Trial - - - 3.32 17.38

Umami Sustainable Seafood Quarterly Data
Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 6.49 16.47 17.38 18.91 1.48

Umami Sustainable Seafood Accounts Receivable Calculation

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


Umami Sustainable Seafood 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.

Umami Sustainable Seafood's Days Sales Outstanding for the quarter that ended in Dec. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.475/20.836*91
=6.46

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

Umami Sustainable Seafood's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2012 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)
=(4.319+0.75 * 1.475+0.5 * 67.181-99.945
-0--4.157)/50.555
=-1.12

* 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.


Umami Sustainable Seafood Accounts Receivable Related Terms

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Umami Sustainable Seafood Business Description

Traded in Other Exchanges
N/A
Address
1230 Columbia Street, Suite 440, San Diego, CA, USA, 92101
Umami Sustainable Seafood Inc owns and operates aquaculture facilities. Its facilities are in the Croatian territorial waters of the Adriatic Sea where it farms Northern Bluefin Tuna ("NBT") for sale primarily into the Japanese sushi and sashimi market.

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