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Collexis Holdings (Collexis Holdings) Accounts Receivable : $0.71 Mil (As of Mar. 2009)


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What is Collexis Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Collexis Holdings's accounts receivables for the quarter that ended in Mar. 2009 was $0.71 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Collexis Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2009 was 44.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Collexis Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2009 was $-0.11.


Collexis Holdings Accounts Receivable Historical Data

The historical data trend for Collexis Holdings'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.

Collexis Holdings Accounts Receivable Chart

Collexis Holdings Annual Data
Trend Jun06 Jun07 Jun08
Accounts Receivable
0.56 0.62 1.19

Collexis Holdings Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.81 1.19 0.83 1.00 0.71

Collexis Holdings Accounts Receivable Calculation

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


Collexis Holdings 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.

Collexis Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.707/1.462*91
=44.13

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

Collexis Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2009 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)
=(0.22+0.75 * 0.707+0.5 * 0-14.169
-0-0)/120.965
=-0.11

* 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.


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Collexis Holdings (Collexis Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1201 Main Street, Suite 980, Columbia, SC, USA, 29201
Collexis Holdings Inc is a software development company. It develops software that supports the knowledge intensive market, building tools to search and mine large sets of information.

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