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Image Software (Image Software) Accounts Receivable : $0.19 Mil (As of Jun. 2005)


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What is Image Software Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Image Software's accounts receivables for the quarter that ended in Jun. 2005 was $0.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Image Software's Days Sales Outstanding for the quarter that ended in Jun. 2005 was 45.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Image Software's Net-Net Working Capital per share for the quarter that ended in Jun. 2005 was $-0.31.


Image Software Accounts Receivable Historical Data

The historical data trend for Image Software'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.

Image Software Accounts Receivable Chart

Image Software Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.42 0.55 0.61 0.08

Image Software Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 Premium Member Only Premium Member Only Premium Member Only 0.51 0.21 0.08 0.19 0.19

Image Software Accounts Receivable Calculation

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


Image Software 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.

Image Software's Days Sales Outstanding for the quarter that ended in Jun. 2005 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.194/0.39*91
=45.39

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

Image Software's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2005 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)
=(0.012+0.75 * 0.194+0.5 * 0.005-1.175
-0-0)/3.3026
=-0.31

* 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.


Image Software Accounts Receivable Related Terms

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Image Software (Image Software) Business Description

Traded in Other Exchanges
N/A
Address
7200 S. Alton Way A260, Centennial, Englewood, CO, USA, 80112
Image Software Inc is engaged in the Document Imaging and Management industry and operates on a multitude of platforms through Word documents, Excel spreadsheets, emails, Powerpoints, podcasts, projects, and reports. Its product offering comprise of 1ACCESS, 1API, 1ERM, 1FAX, V1A, 1SEARCH, WORKFLOW TOOLKIT, AND ZOE FETCH.

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