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Vapor Group (Vapor Group) Accounts Receivable : $0.03 Mil (As of Dec. 2017)


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What is Vapor Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vapor Group's accounts receivables for the quarter that ended in Dec. 2017 was $0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vapor Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was $-0.00.


Vapor Group Accounts Receivable Historical Data

The historical data trend for Vapor Group'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.

Vapor Group Accounts Receivable Chart

Vapor Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.05 0.10 0.03 0.01

Vapor Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 0.10 - -0.01 0.03 0.01

Vapor Group Accounts Receivable Calculation

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


Vapor Group 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.

Vapor Group's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.028/0*91
=

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

Vapor Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 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)
=(0.062+0.75 * 0.028+0.5 * 0.528-5.332
-0.003-0)/5002.96
=-0.00

* 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.


Vapor Group Accounts Receivable Related Terms

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Vapor Group (Vapor Group) Business Description

Traded in Other Exchanges
N/A
Address
2260 West 80th Street, Suite 6, Hialeah, FL, USA, 33016
Vapor Group Inc is engaged in designing, manufacturing, and marketing of vaporizers and electronic cigarettes and e-liquids. The company also markets consumer products including the Whizboard brand of scooters and Hoverkart accessories sold by Smart Wheels. Its products are marketed under the Vapor Group, Total Vapor, Vapor 123, and The Vapor Products brands. All products are sold nationwide through distributors and directly to consumers through company-owned websites.