GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Subaye Inc (GREY:SBAY) » Definitions » Accounts Receivable

Subaye (Subaye) Accounts Receivable : $9.99 Mil (As of Sep. 2010)


View and export this data going back to 2002. Start your Free Trial

What is Subaye Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Subaye's accounts receivables for the quarter that ended in Sep. 2010 was $9.99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Subaye's Days Sales Outstanding for the quarter that ended in Sep. 2010 was 57.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Subaye's Net-Net Working Capital per share for the quarter that ended in Sep. 2010 was $1.73.


Subaye Accounts Receivable Historical Data

The historical data trend for Subaye'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.

Subaye Accounts Receivable Chart

Subaye Annual Data
Trend Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 4.37 9.09 10.39 8.27 9.99

Subaye Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 8.27 13.52 7.90 11.33 9.99

Subaye Accounts Receivable Calculation

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


Subaye 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.

Subaye's Days Sales Outstanding for the quarter that ended in Sep. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.987/15.773*91
=57.78

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

Subaye's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2010 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)
=(7.12+0.75 * 9.987+0.5 * 0-1.695
-0-0)/7.44493
=1.73

* 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.


Subaye Accounts Receivable Related Terms

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


Subaye (Subaye) Business Description

Traded in Other Exchanges
N/A
Address
Xiaoguwei Street, 232 Waihuandong Road, A536-537, 13 Block, Guangzhou, CHN, 510006
Subaye Inc is a video advertising and entertainment media provider in China.

Subaye (Subaye) Headlines

No Headlines