Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Puissant Industries's accounts receivables for the quarter that ended in Dec. 2013 was $0.05 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Puissant Industries's Days Sales Outstanding for the quarter that ended in Dec. 2013 was 19.68.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Puissant Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was $-0.00.
Puissant Industries Accounts Receivable Historical Data
The historical data trend for Puissant Industries'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.
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.
Puissant Industries's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Puissant Industries's accounts receivable are only considered to be worth 75% of book value:
Puissant Industries's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 is calculated as:
* 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.
Puissant Industries Accounts Receivable Related Terms
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Puissant Industries (Puissant Industries) Business Description
Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.
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