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SA de Deportes Club de Golfntiago (XSGO:GOLF) Accounts Receivable : CLP197.42 Mil (As of Dec. 2011)


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What is SA de Deportes Club de Golfntiago Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SA de Deportes Club de Golfntiago's accounts receivables for the quarter that ended in Dec. 2011 was CLP197.42 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SA de Deportes Club de Golfntiago's Net-Net Working Capital per share for the quarter that ended in Dec. 2011 was CLP13,274.92.


SA de Deportes Club de Golfntiago Accounts Receivable Historical Data

The historical data trend for SA de Deportes Club de Golfntiago'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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SA de Deportes Club de Golfntiago Accounts Receivable Chart

SA de Deportes Club de Golfntiago Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable
Get a 7-Day Free Trial 0.45 - - 29.49 197.42

SA de Deportes Club de Golfntiago Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable Get a 7-Day Free Trial 0.45 - - 29.49 197.42

SA de Deportes Club de Golfntiago Accounts Receivable Calculation

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


SA de Deportes Club de Golfntiago 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.

SA de Deportes Club de Golfntiago's Days Sales Outstanding for the quarter that ended in Dec. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=197.417/0*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), SA de Deportes Club de Golfntiago's accounts receivable are only considered to be worth 75% of book value:

SA de Deportes Club de Golfntiago's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2011 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)
=(0.255+0.75 * 197.417+0.5 * 0-108.493
-0-0)/0.003
=13,274.92

* 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.


SA de Deportes Club de Golfntiago Accounts Receivable Related Terms

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SA de Deportes Club de Golfntiago (XSGO:GOLF) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Riesco 3700, Las Condes, Santiago, CHL
SA de Deportes Club de Golf Santiago is engaged in the leisure and recreational industry. The Company's main activities are promotion of sports and the operation of Club de Golf los Leones, a private golf club located in Santiago. Its activities include fitness center, restaurants, nursery school.