Axios Mobile Assets (Axios Mobile Assets) Change In Receivables : $-1.99 Mil (TTM As of Sep. 2016)

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What is Axios Mobile Assets Change In Receivables?

Axios Mobile Assets's change in receivables for the quarter that ended in Sep. 2016 was $-0.29 Mil. It means Axios Mobile Assets's Accounts Receivable increased by $0.29 Mil from Jun. 2016 to Sep. 2016 .

Axios Mobile Assets's change in receivables for the fiscal year that ended in Dec. 2015 was $-0.99 Mil. It means Axios Mobile Assets's Accounts Receivable increased by $0.99 Mil from Dec. 2014 to Dec. 2015 .

Axios Mobile Assets's Accounts Receivable for the quarter that ended in Sep. 2016 was $1.60 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. Axios Mobile Assets's Days Sales Outstanding for the three months ended in Sep. 2016 was 204.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Axios Mobile Assets's liquidation value for the three months ended in Sep. 2016 was $-9.50 Mil.

Axios Mobile Assets Change In Receivables Historical Data

The historical data trend for Axios Mobile Assets'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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Axios Mobile Assets Change In Receivables Chart

Axios Mobile Assets Annual Data

Trend

Sep08

Sep09

Sep10

Dec11

Dec12

Dec13

Dec14

Dec15

Change In Receivables

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-0.27

0.13

0.05

-0.99

Axios Mobile Assets Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Change In Receivables	Get a 7-Day Free Trial															-0.34	-0.54	-0.67	-0.50	-0.29

Axios Mobile Assets 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.99 Mil.

Axios Mobile Assets (OTCPK:AXBSF) 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.

Axios Mobile Assets's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.601	/	0.713	*	91
=	204.90

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

Axios Mobile Assets's liquidation value for the quarter that ended in Sep. 2016 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.446	-	11.148	+	0.75 * 1.601	+	0.5 * 0
=	-9.50

Axios Mobile Assets Change In Receivables Related Terms

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Axios Mobile Assets (Axios Mobile Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axios Mobile Assets Corp (OTCPK:AXBSF) » Definitions » Change In Receivables

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Address

30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8

Website

http://www.axiosma.com

Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

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