Technical Communications (Technical Communications) Change In Receivables : $0.53 Mil (TTM As of Jun. 2023)

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What is Technical Communications Change In Receivables?

Technical Communications's change in receivables for the quarter that ended in Jun. 2023 was $0.13 Mil. It means Technical Communications's Accounts Receivable declined by $0.13 Mil from Mar. 2023 to Jun. 2023 .

Technical Communications's change in receivables for the fiscal year that ended in Sep. 2022 was $0.27 Mil. It means Technical Communications's Accounts Receivable declined by $0.27 Mil from Sep. 2021 to Sep. 2022 .

Technical Communications's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.01 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. Technical Communications's Days Sales Outstanding for the three months ended in Jun. 2023 was 36.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Technical Communications's liquidation value for the three months ended in Jun. 2023 was $-4.84 Mil.

Technical Communications Change In Receivables Historical Data

The historical data trend for Technical Communications'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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Technical Communications Change In Receivables Chart

Technical Communications Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Change In Receivables

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0.17

0.43

-0.01

-0.15

0.27

Technical Communications Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Change In Receivables	Get a 7-Day Free Trial															0.37	0.01	0.03	0.35	0.13

Technical Communications 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.53 Mil.

Technical Communications (OTCPK:TCCO) 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.

Technical Communications's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.014	/	0.035	*	91
=	36.50

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

Technical Communications's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.045	-	5.513	+	0.75 * 0.014	+	0.5 * 1.241
=	-4.84

Technical Communications Change In Receivables Related Terms

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Technical Communications (Technical Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Technical Communications Corp (OTCPK:TCCO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Domino Drive, Concord, MA, USA, 01742-2892

Website

https://www.tccsecure.com

Technical Communications Corp designs, develops, manufactures, distributes, and markets communications security equipment. The company produces and supplies several custom-designed, special-purpose, and standard secure communications products for both domestic and international customers. Its products consist of voice, data, facsimile encryptors and video networks for military, government and corporate/industrial applications. In addition to product sales, it generates revenues from contract engineering services for certain government agencies, domestic and foreign, and commercial entities.

Executives

Ralph M Norwood	director	111 SOUTH WORCESTER STREET, NORTON MA 02766
Guild Carl H Jr	director, officer: CEO
Thomas E Peoples	director
Francisco F Blanco	director	1915 TOWNE CENTRE BLVD, SUITE 309, ANNAPOLIS MD 21401
Mitchell Briskin	director
Michael P Malone	officer: Chief Financial Officer
Paul D Sonkin	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Value Fund Lp	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp	10 percent owner, other: see footnote #1	C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Concentrated Fund Lp	10 percent owner, other: see footnote #1	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Robert T Lessard	director
Brown David A B	director