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Learning Tree International (Learning Tree International) Accounts Receivable : $8.65 Mil (As of Sep. 2018)


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What is Learning Tree International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Learning Tree International's accounts receivables for the quarter that ended in Sep. 2018 was $8.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Learning Tree International's Days Sales Outstanding for the quarter that ended in Sep. 2018 was 45.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Learning Tree International's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was $-1.92.


Learning Tree International Accounts Receivable Historical Data

The historical data trend for Learning Tree International'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.

Learning Tree International Accounts Receivable Chart

Learning Tree International Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.52 10.48 9.54 9.73 8.65

Learning Tree International Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 9.73 9.12 7.98 9.79 8.65

Learning Tree International Accounts Receivable Calculation

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


Learning Tree International 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.

Learning Tree International's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.645/17.324*91
=45.54

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

Learning Tree International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 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)
=(4.732+0.75 * 8.645+0.5 * 0-36.564
-0-0)/13.2243
=-1.92

* 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.


Learning Tree International Accounts Receivable Related Terms

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Learning Tree International (Learning Tree International) Business Description

Traded in Other Exchanges
N/A
Address
13650 Dulles Technology Drive, Suite 400, Herndon, VA, USA, 20171
Learning Tree International Inc provides education and training in information technology. Its proprietary library of course titles focuses on client-server systems, computer networks, operating systems, databases, programming, graphical user interfaces, object-oriented technology, and IT management. Its courses are offered in hotels, conference facilities, and customer sites.
Executives
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Gracia C Martore director C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Sarah Fisher Gardial director PO BOX 73909, CEDAR RAPIDS IA 52407-3909
Miller Lloyd I Iii 10 percent owner
Curtis A Hessler director 1805 LIBRARY STREET, SUITE 300, RESTON VA 20190
Bain Howard A Iii director 10200 S DEANZA BLVD, CUPERTINO CA 95014
George T Robson director 1805 LIBRARY STREET, RESTON VA 20190
Godbold Wilford D Jr director 5818 EL CAMINO REAL, CARLSBAD CA 92008

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