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Volcan Holdings (Volcan Holdings) Accounts Receivable : $0.00 Mil (As of Jun. 2010)


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What is Volcan Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Volcan Holdings's accounts receivables for the quarter that ended in Jun. 2010 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Volcan Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2010 was $-0.02.


Volcan Holdings Accounts Receivable Historical Data

The historical data trend for Volcan 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.

Volcan Holdings Accounts Receivable Chart

Volcan Holdings Annual Data
Trend Aug07 Aug08 Jun09 Jun10
Accounts Receivable
- - - -

Volcan Holdings Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 - - - - -

Volcan Holdings Accounts Receivable Calculation

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


Volcan 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.

Volcan Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2010 is calculated as:

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

Volcan Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.004+0.75 * 0+0.5 * 0-2.456
-0-0)/106.596
=-0.02

* 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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Volcan Holdings (Volcan Holdings) Business Description

Traded in Other Exchanges
N/A
Address
412 North Main Street, Suite 100, Buffalo, WY, USA, 82834
Volcan Holdings Inc operates in the industrial metals and minerals industry. The company is engaged in mineral exploration and development in Australia. The primary business is a bauxite alumina resource company.

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