Market Leader, (FRA:HDT) Accounts Receivable : €0.00 Mil (As of Mar. 2013)

View and export this data going back to . Start your Free Trial

What is Market Leader, Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Market Leader,'s accounts receivables for the quarter that ended in Mar. 2013 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Market Leader,'s Days Sales Outstanding for the quarter that ended in Mar. 2013 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Market Leader,'s Net-Net Working Capital per share for the quarter that ended in Mar. 2013 was €0.37.

Market Leader, Accounts Receivable Historical Data

The historical data trend for Market Leader,'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.

Market Leader, Accounts Receivable Chart

Market Leader, Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Accounts Receivable

Get a 7-Day Free Trial

Market Leader, Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Market Leader, Accounts Receivable Calculation

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

Market Leader, 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.

Market Leader,'s Days Sales Outstanding for the quarter that ended in Mar. 2013 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	9.977	*	91
=	0.00

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

Market Leader,'s Net-Net Working Capital Per Share for the quarter that ended in Mar. 2013 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)
=	(16.976	+	0.75 * 0	+	0.5 * 0	-	6.999
-	0	-	0)	/	26.734
=	0.37

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.

Market Leader, Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Market Leader,'s Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Market Leader, (FRA:HDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Market Leader, Inc. (FRA:HDT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Market leader, Inc., founded in 1999 was incorporated in the State of Washington. The Company provides innovative online technology and marketing solutions for real estate professionals across the United States and Canada. The Company serves 125,000 real estate agents, brokerages and franchisors, offering complete end-to-end solutions that enable them to grow and manage their businesses. The Company's subscription-based real estate marketing software and services helps customers generate a steady stream of prospects, plus provide the systems and training they need to convert those prospects into clients. In addition, its consumer real estate sites, including www.realestate.com, give its customers access to millions of future home buyers and sellers. The Sales and marketing expenses consist mainly of advertising, as well as salaries, commissions and related expenses for its sales, marketing and customer support staff. Other expenses include credit card fees and corporate marketing and communications expenses. The Company's competitors include online companies focused on residential real estate, internet media companies, traditional real estate brokerage firms, discounted and non-traditional real estate brokerage firms, and traditional sellers of advertising to real estate professionals. Its business is subject to various laws and regulations relating to Internet commerce and telemarketing, as well as federal and state laws and regulations relating to real estate and mortgage matters.

Market Leader, (FRA:HDT) Headlines

No Headlines