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Asia Pacific No.9 Ship Investment Co (XKRX:081940) Accounts Receivable : ₩0.0 Mil (As of Aug. 2014)


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What is Asia Pacific No.9 Ship Investment Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asia Pacific No.9 Ship Investment Co's accounts receivables for the quarter that ended in Aug. 2014 was ₩0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asia Pacific No.9 Ship Investment Co's Days Sales Outstanding for the quarter that ended in Aug. 2014 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. Asia Pacific No.9 Ship Investment Co's Net-Net Working Capital per share for the quarter that ended in Aug. 2014 was ₩N/A.


Asia Pacific No.9 Ship Investment Co Accounts Receivable Historical Data

The historical data trend for Asia Pacific No.9 Ship Investment Co'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.

Asia Pacific No.9 Ship Investment Co Accounts Receivable Chart

Asia Pacific No.9 Ship Investment Co Annual Data
Trend Feb12 Feb13
Accounts Receivable
- -

Asia Pacific No.9 Ship Investment Co Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 Aug14
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - - - - -

Asia Pacific No.9 Ship Investment Co Accounts Receivable Calculation

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


Asia Pacific No.9 Ship Investment Co 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.

Asia Pacific No.9 Ship Investment Co's Days Sales Outstanding for the quarter that ended in Aug. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/223.835*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Asia Pacific No.9 Ship Investment Co's accounts receivable are only considered to be worth 75% of book value:

Asia Pacific No.9 Ship Investment Co's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2014 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)
=(13381.633+0.75 * 0+0.5 * 0-148.148
-0-0)/0
=N/A

* 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.


Asia Pacific No.9 Ship Investment Co Accounts Receivable Related Terms

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Asia Pacific No.9 Ship Investment Co (XKRX:081940) Business Description

Traded in Other Exchanges
N/A

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