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CellPoint Connect AB (XSAT:CPNT) Accounts Receivable : kr0.98 Mil (As of Dec. 2012)


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What is CellPoint Connect AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CellPoint Connect AB's accounts receivables for the quarter that ended in Dec. 2012 was kr0.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CellPoint Connect AB's Days Sales Outstanding for the quarter that ended in Dec. 2012 was 26.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CellPoint Connect AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2012 was kr-0.79.


CellPoint Connect AB Accounts Receivable Historical Data

The historical data trend for CellPoint Connect AB'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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CellPoint Connect AB Accounts Receivable Chart

CellPoint Connect AB Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Accounts Receivable
0.04 0.01 0.96 0.34 0.98

CellPoint Connect AB Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.34 0.13 1.02 1.31 0.98

CellPoint Connect AB Accounts Receivable Calculation

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


CellPoint Connect AB 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.

CellPoint Connect AB's Days Sales Outstanding for the quarter that ended in Dec. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.978/3.37*91
=26.48

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

CellPoint Connect AB's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2012 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)
=(0.526+0.75 * 0.978+0.5 * 0.278-19.42
-0-0)/22.893
=-0.79

* 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.


CellPoint Connect AB Accounts Receivable Related Terms

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CellPoint Connect AB (XSAT:CPNT) Business Description

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CellPoint Connect AB is engaged in the development of customers, competition, brand development, marketing, development and packaging of market offerings, marketing, IT, web, and "content strategy", search engine optimization, etc.

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