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Wegener (Wegener) Accounts Receivable : $0.97 Mil (As of May. 2012)


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What is Wegener Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wegener's accounts receivables for the quarter that ended in May. 2012 was $0.97 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wegener's Days Sales Outstanding for the quarter that ended in May. 2012 was 46.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wegener's Net-Net Working Capital per share for the quarter that ended in May. 2012 was $-0.56.


Wegener Accounts Receivable Historical Data

The historical data trend for Wegener'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.

Wegener Accounts Receivable Chart

Wegener Annual Data
Trend Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 5.17 2.96 1.58 1.63

Wegener Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12
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 2.26 2.06 1.30 1.27 0.97

Wegener Accounts Receivable Calculation

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


Wegener 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.968/1.913*91
=46.17

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

Wegener's Net-Net Working Capital Per Share for the quarter that ended in May. 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)
=(0.394+0.75 * 0.968+0.5 * 1.553-9.281
-0-0)/13.147
=-0.56

* 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.


Wegener Accounts Receivable Related Terms

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Wegener (Wegener) Business Description

Traded in Other Exchanges
N/A
Address
930 Interstate Ridge Drive, Suite A, Gainesville, GA, USA, 30501
Wegener Corp is engaged in Manufacturing and sale of electronic products and systems primarily for the radio broadcast market and digital signage market. Its product line includes iPump media servers, digital signage applications, and audio and data networks.
Executives
David W Wright director

Wegener (Wegener) Headlines