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Archon (Archon) Change In Receivables : $-0.01 Mil (TTM As of Dec. 2010)


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What is Archon Change In Receivables?

Archon's change in receivables for the quarter that ended in Dec. 2010 was $0.01 Mil. It means Archon's Accounts Receivable declined by $0.01 Mil from Sep. 2010 to Dec. 2010 .

Archon's change in receivables for the fiscal year that ended in Sep. 2010 was $-0.02 Mil. It means Archon's Accounts Receivable increased by $0.02 Mil from Sep. 2009 to Sep. 2010 .

Archon's Accounts Receivable for the quarter that ended in Dec. 2010 was $0.18 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. Archon's Days Sales Outstanding for the three months ended in Dec. 2010 was 3.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Archon's liquidation value for the three months ended in Dec. 2010 was $-106.67 Mil.


Archon Change In Receivables Historical Data

The historical data trend for Archon'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.

Archon Change In Receivables Chart

Archon Annual Data
Trend Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 0.04 0.91 -0.03 -0.02

Archon Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 -0.01 -0.23 - 0.21 0.01

Archon 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 Dec. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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.


Archon  (OTCPK:ARHN) 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.

Archon's Days Sales Outstanding for the quarter that ended in Dec. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.184/5.123*91
=3.28

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

Archon's liquidation value for the quarter that ended in Dec. 2010 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=28.32-135.202+0.75 * 0.184+0.5 * 0.156
=-106.67

* 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.


Archon Change In Receivables Related Terms

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Archon (Archon) Business Description

Traded in Other Exchanges
N/A
Address
2200 Casino Drive, Laughlin, NV, USA, 89029
Archon Corp is a United States based company focused on operating the Pioneer Hotel & Gambling Hall in Laughlin through its wholly-owned subsidiary. It is engaged in operating hotel and casino activities. In addition, the company also owns real estates and investment properties.
Executives
Richard J Taggart director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
D. E. Shaw & Co, L.p. 10 percent owner, other: See footnotes 1 and 2. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
David E Shaw 10 percent owner, other: See footnotes 1 and 2. 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c. 10 percent owner, other: See footnotes 1 and 2. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw Laminar Portfolios, L.l.c. 10 percent owner, other: See footnotes 1 and 2. 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036

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