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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Accounts Receivable : $0.02 Mil (As of Sep. 2023)


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What is Brite-Strike Tactical Illumination Products Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brite-Strike Tactical Illumination Products's accounts receivables for the quarter that ended in Sep. 2023 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Brite-Strike Tactical Illumination Products's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 77.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brite-Strike Tactical Illumination Products's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.00.


Brite-Strike Tactical Illumination Products Accounts Receivable Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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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Brite-Strike Tactical Illumination Products Accounts Receivable Chart

Brite-Strike Tactical Illumination Products Annual Data
Trend Dec96 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
- 0.14 0.09 0.07 0.03

Brite-Strike Tactical Illumination Products Quarterly Data
Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Sep23
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 0.19 0.01 0.02 0.03 0.02

Brite-Strike Tactical Illumination Products Accounts Receivable Calculation

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


Brite-Strike Tactical Illumination Products 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.

Brite-Strike Tactical Illumination Products's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.023/0.027*91
=77.73

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

Brite-Strike Tactical Illumination Products's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(0.014+0.75 * 0.023+0.5 * 0.028-0.177
-0-0)/72.5501
=-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.


Brite-Strike Tactical Illumination Products Accounts Receivable Related Terms

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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Traded in Other Exchanges
N/A
Address
1145 Franklin Street, Duxbury, MA, USA, 02332
Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

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