HQ Global Education (HQ Global Education) Change In Receivables : $1.45 Mil (TTM As of Nov. 2011)

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What is HQ Global Education Change In Receivables?

HQ Global Education's change in receivables for the quarter that ended in Nov. 2011 was $-0.25 Mil. It means HQ Global Education's Accounts Receivable increased by $0.25 Mil from Aug. 2011 to Nov. 2011 .

HQ Global Education's change in receivables for the fiscal year that ended in Aug. 2010 was $-3.27 Mil. It means HQ Global Education's Accounts Receivable increased by $3.27 Mil from Feb. 2009 to Aug. 2010 .

HQ Global Education's Accounts Receivable for the quarter that ended in Nov. 2011 was $12.00 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 Receivable are being managed. HQ Global Education's Days Sales Outstanding for the three months ended in Nov. 2011 was 61.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HQ Global Education's liquidation value for the three months ended in Nov. 2011 was $6.26 Mil.

HQ Global Education Change In Receivables Historical Data

The historical data trend for HQ Global Education's Change In Receivables 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.

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HQ Global Education Change In Receivables Chart

HQ Global Education Annual Data

Trend

Feb08

Feb09

Aug10

Change In Receivables

-3.27

HQ Global Education Quarterly Data
	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11
Change In Receivables	Get a 7-Day Free Trial											-2.59	0.82	-0.14	1.02	-0.25

HQ Global Education Change In Receivables Calculation

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.

Change In Receivables for the trailing twelve months (TTM) ended in Nov. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.45 Mil.

HQ Global Education (OTCPK:HQGE) Change In Receivables 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 Receivable are being managed.

HQ Global Education's Days Sales Outstanding for the quarter that ended in Nov. 2011 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.001	/	17.912	*	91
=	61.14

2. In Ben Graham's calculation of liquidation value, HQ Global Education's accounts receivable are only considered to be worth 75% of book value:

HQ Global Education's liquidation value for the quarter that ended in Nov. 2011 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.522	-	13.442	+	0.75 * 12.001	+	0.5 * 0.355
=	6.26

HQ Global Education Change In Receivables Related Terms

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HQ Global Education (HQ Global Education) Business Description

Industry

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Traded in Other Exchanges

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Address

333 City Boulevard West, Suite 1700, Orange, CA, USA, 92868

Website

https://www.hqgeinc.com

HQ Global Education Inc is the provider of comprehensive film and TV production services. The company offers a wide array of film and TV production resources for small Indie productions through to full theatrical projects. Its products and services include film and television; producing; financing; and optioning.

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