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Eyes on the Go (Eyes on the Go) Accounts Receivable : $0.09 Mil (As of Sep. 2014)


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What is Eyes on the Go Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eyes on the Go's accounts receivables for the quarter that ended in Sep. 2014 was $0.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eyes on the Go's Days Sales Outstanding for the quarter that ended in Sep. 2014 was 61.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eyes on the Go's Net-Net Working Capital per share for the quarter that ended in Sep. 2014 was $-0.00.


Eyes on the Go Accounts Receivable Historical Data

The historical data trend for Eyes on the Go'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.

Eyes on the Go Accounts Receivable Chart

Eyes on the Go Annual Data
Trend Dec11 Dec12 Dec13
Accounts Receivable
- - -

Eyes on the Go Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - - 0.05 - 0.09

Eyes on the Go Accounts Receivable Calculation

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


Eyes on the Go 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.

Eyes on the Go's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.094/0.139*91
=61.71

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

Eyes on the Go's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.12+0.75 * 0.094+0.5 * 0-6.833
-0-0)/3154.19
=-0.00

* 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.


Eyes on the Go Accounts Receivable Related Terms

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Eyes on the Go (Eyes on the Go) Business Description

Traded in Other Exchanges
N/A
Address
40 Fulton Street, 24th Floor, New York, NY, USA, 100389
Eyes on the Go Inc is engaged in designing, implementing, and providing services related to the remote monitoring of businesses and other facilities. The company provides online streaming videos and audio images from bars, restaurants, performance spaces, and clubs to consumers through a website called gander.tv.

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