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XCPL (XCPCNL Business Services) Accounts Receivable : $0.19 Mil (As of Apr. 2013)


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What is XCPCNL Business Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. XCPCNL Business Services's accounts receivables for the quarter that ended in Apr. 2013 was $0.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. XCPCNL Business Services's Days Sales Outstanding for the quarter that ended in Apr. 2013 was 27.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. XCPCNL Business Services's Net-Net Working Capital per share for the quarter that ended in Apr. 2013 was $-2.35.


XCPCNL Business Services Accounts Receivable Historical Data

The historical data trend for XCPCNL Business Services'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.

XCPCNL Business Services Accounts Receivable Chart

XCPCNL Business Services Annual Data
Trend Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11
Accounts Receivable
Get a 7-Day Free Trial 0.01 - 0.03 0.25 0.01

XCPCNL Business Services Quarterly Data
Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13
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 0.04 - 0.10 0.15 0.19

XCPCNL Business Services Accounts Receivable Calculation

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


XCPCNL Business Services 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.

XCPCNL Business Services's Days Sales Outstanding for the quarter that ended in Apr. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.187/0.629*91
=27.13

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

XCPCNL Business Services's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2013 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)
=(0.01+0.75 * 0.187+0.5 * 0.187-1.199
-0.001--0.016)/0.39971
=-2.35

* 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.


XCPCNL Business Services Accounts Receivable Related Terms

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XCPCNL Business Services Business Description

Traded in Other Exchanges
N/A
Address
4182 Clemmons Road, Suite 289, Clemmons, NC, USA, 27012
XCPCNL Business Services Corp provides diversified business services. The company offers services in business outscoring sectors such as payroll services, instore product demos, personnel outsourcing, benefits, maintenance, and hospitality. It serves customers in the United States.

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