GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Valentine Beauty Inc (GREY:VLBI) » Definitions » Accounts Receivable

Valentine Beauty (Valentine Beauty) Accounts Receivable : $0.13 Mil (As of Sep. 2010)


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

What is Valentine Beauty Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Valentine Beauty's accounts receivables for the quarter that ended in Sep. 2010 was $0.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Valentine Beauty's Days Sales Outstanding for the quarter that ended in Sep. 2010 was 313.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Valentine Beauty's Net-Net Working Capital per share for the quarter that ended in Sep. 2010 was $-2.56.


Valentine Beauty Accounts Receivable Historical Data

The historical data trend for Valentine Beauty'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.

Valentine Beauty Accounts Receivable Chart

Valentine Beauty Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Accounts Receivable
- - 0.55 1.23 0.82

Valentine Beauty Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 1.27 0.82 0.80 0.63 0.13

Valentine Beauty Accounts Receivable Calculation

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


Valentine Beauty 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.

Valentine Beauty's Days Sales Outstanding for the quarter that ended in Sep. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.127/0.037*91
=313.21

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

Valentine Beauty's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2010 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)
=(0.024+0.75 * 0.127+0.5 * 0.41-0.598
-0-0)/0.10707
=-2.56

* 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.


Valentine Beauty Accounts Receivable Related Terms

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


Valentine Beauty (Valentine Beauty) Business Description

Traded in Other Exchanges
N/A
Address
107 Forest City, 247 Oak St Ext. Suite, Rutherfordton, NC, USA, 28043
Valentine Beauty Inc sells pharmaceutical grade beauty and health products in the Anti-Aging industry. It offers products that shape and set trends within the beauty industry for both men and woman. Its products include LV Gold Series, Valentine Beauty, Spa, and Salon, Makeup, Weight Loss and Beauty Devices.

Valentine Beauty (Valentine Beauty) Headlines

No Headlines