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NoFire Technologies (NoFire Technologies) Change In Receivables : $-0.07 Mil (TTM As of May. 2010)


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What is NoFire Technologies Change In Receivables?

NoFire Technologies's change in receivables for the quarter that ended in May. 2010 was $-0.03 Mil. It means NoFire Technologies's Accounts Receivable increased by $0.03 Mil from Feb. 2010 to May. 2010 .

NoFire Technologies's change in receivables for the fiscal year that ended in Aug. 2009 was $-0.01 Mil. It means NoFire Technologies's Accounts Receivable increased by $0.01 Mil from Aug. 2008 to Aug. 2009 .

NoFire Technologies's Accounts Receivable for the quarter that ended in May. 2010 was $0.12 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. NoFire Technologies's Days Sales Outstanding for the three months ended in May. 2010 was 37.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NoFire Technologies's liquidation value for the three months ended in May. 2010 was $-7.22 Mil.


NoFire Technologies Change In Receivables Historical Data

The historical data trend for NoFire Technologies'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.

* Premium members only.

NoFire Technologies Change In Receivables Chart

NoFire Technologies Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - -0.30 0.22 -0.01

NoFire Technologies Quarterly Data
Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
Change In Receivables 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 -0.02 -0.05 0.05 -0.04 -0.03

NoFire Technologies 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 May. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

* 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.


NoFire Technologies  (OTCPK:NFTI) 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.

NoFire Technologies's Days Sales Outstanding for the quarter that ended in May. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.117/0.281*91
=37.99

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

NoFire Technologies's liquidation value for the quarter that ended in May. 2010 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.003-7.361+0.75 * 0.117+0.5 * 0.105
=-7.22

* 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.


NoFire Technologies Change In Receivables Related Terms

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NoFire Technologies (NoFire Technologies) Business Description

Traded in Other Exchanges
N/A
Address
5 James Street, South Hackensack, NJ, USA, 07606
NoFire Technologies Inc is engaged in the development of non-toxic and fire-retardant coatings and textile wrap systems. It serves residential, commercial, industrial, maritime, and military applications.
Executives
Andrew H Tisch 10 percent owner 667 MADISON AVE, NEW YORK NY 10021-8087

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