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WordLogic (WordLogic) Accounts Receivable : $0.00 Mil (As of Dec. 2015)


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What is WordLogic Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WordLogic's accounts receivables for the quarter that ended in Dec. 2015 was $0.00 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. WordLogic's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was $-0.01.


WordLogic Accounts Receivable Historical Data

The historical data trend for WordLogic'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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WordLogic Accounts Receivable Chart

WordLogic Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
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WordLogic Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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WordLogic Accounts Receivable Calculation

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


WordLogic 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.

WordLogic's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

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

WordLogic's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 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)
=(0.001+0.75 * 0+0.5 * 0-1.347
-0-0)/133.459
=-0.01

* 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.


WordLogic Accounts Receivable Related Terms

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WordLogic (WordLogic) Business Description

Traded in Other Exchanges
N/A
Address
1130 West Pender Street, Suite 230, Vancouver, BC, CAN, V6E 4A4
WordLogic Corp is a software company. Principally, it develops, markets, licenses and sells predictive text solutions to accelerate the entry and retrieval of text and information on smartphones, tablets, hybrid touchscreen devices, wearables, and car systems. Primarily, its business consists of development and commercialization of data entry software for handheld computing devices. The company's Reach technology assists in advertising search to create new revenue opportunities through partnerships with online deal consolidator and advertisers. Additionally, it also provides easy access without switching between applications or exiting the message compose screen to access relevant information.

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