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Advanced Digital Broadcast Holding (XSWX:ADBN) Accounts Receivable : CHF46.1 Mil (As of Jun. 2014)


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What is Advanced Digital Broadcast Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Advanced Digital Broadcast Holding's accounts receivables for the quarter that ended in Jun. 2014 was CHF46.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Advanced Digital Broadcast Holding's Days Sales Outstanding for the quarter that ended in Jun. 2014 was 58.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Advanced Digital Broadcast Holding's Net-Net Working Capital per share for the quarter that ended in Jun. 2014 was CHF-6.56.


Advanced Digital Broadcast Holding Accounts Receivable Historical Data

The historical data trend for Advanced Digital Broadcast Holding'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.

Advanced Digital Broadcast Holding Accounts Receivable Chart

Advanced Digital Broadcast Holding Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.95 89.94 49.28 57.11 39.66

Advanced Digital Broadcast Holding Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.17 57.11 59.67 39.66 46.13

Advanced Digital Broadcast Holding Accounts Receivable Calculation

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


Advanced Digital Broadcast Holding 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.

Advanced Digital Broadcast Holding's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=46.134/144.315*91
=58.34

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

Advanced Digital Broadcast Holding's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(45.739+0.75 * 46.134+0.5 * 16.657-121.636
-0-0)/5.02589
=-6.56

* 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.


Advanced Digital Broadcast Holding Accounts Receivable Related Terms

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Advanced Digital Broadcast Holding (XSWX:ADBN) Business Description

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Advanced Digital Broadcast Holding SA was incorporated on July 26, 2004 in the Canton of Geneva. The Company is engaged in the development and sale of equipment, services and software for the digital television and broadband data communication industry, and relies on third party contract manufacturers for the production of equipment. In 2005, the Company made an initial public offering. It develops and delivers diverse products to the worldwide digital television industry, supplying digital set-top boxes across all television transmission platforms such as cable, IPTV, satellite and terrestrial. Its customers include digital television operators, consumer electronics manufacturers and retail distributors of digital set-top boxes. The Company is in system integration, incorporating the industry's middleware, conditional access and hardware technologies and provide technically superior products, service and support, in as short time as possible.

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