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Aruba Networks Inc (NAS:ARUN)
Change In Receivables
\$-7.0 Mil (As of Jan. 2015)

Aruba Networks Inc's change in receivables for the quarter that ended in Jan. 2015 was \$-7.0 Mil. It means Aruba Networks Inc's accounts receivables declined by \$7.0 Mil from Oct. 2014 to Jan. 2015 .

Aruba Networks Inc's change in receivables for the fiscal year that ended in Jul. 2014 was \$-9.0 Mil. It means Aruba Networks Inc's accounts receivables declined by \$9.0 Mil from Jul. 2013 to Jul. 2014 .

Aruba Networks Inc's accounts receivables for the quarter that ended in Jan. 2015 was \$114.1 Mil.

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. Aruba Networks Inc's days sales outstanding for the three months ended in Jan. 2015 was 48.90.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Aruba Networks Inc's liquidation value for the three months ended in Jan. 2015 was \$69.4 Mil.

Definition

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

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.

Aruba Networks Inc's Days Sales Outstanding for the quarter that ended in Jan. 2015 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 114.109 / 212.931 * 91 = 48.90

2. In Ben Grahams calculation of liquidation value, Aruba Networks Inc's accounts receivable are only considered to be worth 75% of book value:

Aruba Networks Inc's liquidation value for the quarter that ended in Jan. 2015 is calculated as:

 Liquidation Value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 290.998 - 329.8 + 0.75 * 114.109 + 0.5 * 45.273 = 69.4

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Aruba Networks Inc Annual Data

 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 ChangeInReceivables -6.6 -4.9 -10.6 -8.4 -0.9 -8.1 -24.8 -11.4 -13.5 -9.0

Aruba Networks Inc Quarterly Data

 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 ChangeInReceivables 7.1 2.8 -1.0 -22.4 25.0 -13.8 -13.2 -7.0 -4.9 -7.0
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