Western Sierra Resource (Western Sierra Resource) Accounts Receivable : $0.00 Mil (As of Sep. 2008)

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What is Western Sierra Resource Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Western Sierra Resource's accounts receivables for the quarter that ended in Sep. 2008 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Western Sierra Resource's Days Sales Outstanding for the quarter that ended in Sep. 2008 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Western Sierra Resource's Net-Net Working Capital per share for the quarter that ended in Sep. 2008 was $-0.00.

Western Sierra Resource Accounts Receivable Historical Data

The historical data trend for Western Sierra Resource'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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Western Sierra Resource Accounts Receivable Chart

Western Sierra Resource Annual Data

Trend

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Accounts Receivable

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Western Sierra Resource Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Western Sierra Resource Accounts Receivable Calculation

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

Western Sierra Resource 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.

Western Sierra Resource's Days Sales Outstanding for the quarter that ended in Sep. 2008 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.008	*	91
=	0.00

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

Western Sierra Resource's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2008 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)
=	(0.022	+	0.75 * 0	+	0.5 * 0	-	1.133
-	0	-	0)	/	253.593
=	-0.00

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.

Western Sierra Resource Accounts Receivable Related Terms

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Western Sierra Resource (Western Sierra Resource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Western Sierra Resource Corp (OTCPK:WSRC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

1001 Grand Avenue, Suite 207, Glenwood Springs, CO, USA, 81602

Website

https://www.westernsierraresource.com

Western Sierra Resource Corp is a multifaceted resource company and revenue producer focused on applying and expanding its $40,500,000 water rights assets. The beneficial uses of its water rights include growing industrial hemp, manufacturing, and undertaking the related eco-friendly, high-yield, project.