GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » ViaDerma Inc (OTCPK:VDRM) » Definitions » Accounts Receivable

ViaDerma (ViaDerma) Accounts Receivable : $14.13 Mil (As of Jun. 2012)


View and export this data going back to 2008. Start your Free Trial

What is ViaDerma Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ViaDerma's accounts receivables for the quarter that ended in Jun. 2012 was $14.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ViaDerma's Days Sales Outstanding for the quarter that ended in Jun. 2012 was 221.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ViaDerma's Net-Net Working Capital per share for the quarter that ended in Jun. 2012 was $9.88.


ViaDerma Accounts Receivable Historical Data

The historical data trend for ViaDerma'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.

ViaDerma Accounts Receivable Chart

ViaDerma Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable
- 10.83 13.20 13.56 13.48

ViaDerma Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 15.37 14.91 13.48 13.30 14.13

ViaDerma Accounts Receivable Calculation

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


ViaDerma 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.

ViaDerma's Days Sales Outstanding for the quarter that ended in Jun. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14.132/5.817*91
=221.69

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

ViaDerma's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(1.187+0.75 * 14.132+0.5 * 0.612-10.735
-0-0)/0.13732
=9.88

* 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.


ViaDerma Accounts Receivable Related Terms

Thank you for viewing the detailed overview of ViaDerma's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


ViaDerma (ViaDerma) Business Description

Traded in Other Exchanges
N/A
Address
4640 Admiralty Way, Suite 500, Marina Del Rey, CA, USA, 90292
ViaDerma Inc is a specialty pharmaceutical company focused to bring new products to market through research and development. It is engaged in the business of manufacturing and sales of pharmaceuticals, and specifically topical antibiotics and pain management in the United States of America. Its sells under the brand name Vitastem. The Company also has products in development in the fields; anti-aging skin care, pain management, hair-loss, and toenail fungus.