GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » World Wireless Communications Inc (OTCPK:WWRL) » Definitions » Accounts Receivable

World Wireless Communications (World Wireless Communications) Accounts Receivable : $0.07 Mil (As of Dec. 2002)


View and export this data going back to 2003. Start your Free Trial

What is World Wireless Communications Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. World Wireless Communications's accounts receivables for the quarter that ended in Dec. 2002 was $0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. World Wireless Communications's Days Sales Outstanding for the quarter that ended in Dec. 2002 was 40.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. World Wireless Communications's Net-Net Working Capital per share for the quarter that ended in Dec. 2002 was $-0.30.


World Wireless Communications Accounts Receivable Historical Data

The historical data trend for World Wireless Communications'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.

World Wireless Communications Accounts Receivable Chart

World Wireless Communications Annual Data
Trend Dec99 Dec00 Dec01 Dec02
Accounts Receivable
- 0.35 0.07 0.07

World Wireless Communications Quarterly Data
Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02
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 0.07 0.06 0.05 0.04 0.07

World Wireless Communications Accounts Receivable Calculation

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


World Wireless Communications 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.

World Wireless Communications's Days Sales Outstanding for the quarter that ended in Dec. 2002 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.065/0.145*91
=40.91

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

World Wireless Communications's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2002 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)
=(0.015+0.75 * 0.065+0.5 * 0.412-9.557
-0-0)/31.4599
=-0.30

* 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.


World Wireless Communications Accounts Receivable Related Terms

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


World Wireless Communications (World Wireless Communications) Business Description

Traded in Other Exchanges
N/A
Address
5670 Greenwood Plaza Blvd., Penthouse, Greenwood Village, CO, USA, 80111
World Wireless Communications Inc is a telecom service provider in the United States. The firm is engaged as a developer of wired and wireless telemetry and remote control systems.
Executives
Marty Steinberg 10 percent owner 1111 BRICKELL AVENUE SUITE 2500, MIAMI FL 33131

World Wireless Communications (World Wireless Communications) Headlines

No Headlines