Sungy Mobile (Sungy Mobile) Change In Receivables : $0.00 Mil (TTM As of Sep. 2014)

View and export this data going back to 2013. Start your Free Trial

What is Sungy Mobile Change In Receivables?

Sungy Mobile's change in receivables for the quarter that ended in Sep. 2014 was $0.00 Mil. It means Sungy Mobile's Accounts Receivable stayed the same from Jun. 2014 to Sep. 2014 .

Sungy Mobile's change in receivables for the fiscal year that ended in Dec. 2014 was $2.91 Mil. It means Sungy Mobile's Accounts Receivable declined by $2.91 Mil from Dec. 2013 to Dec. 2014 .

Sungy Mobile's Accounts Receivable for the quarter that ended in Sep. 2014 was $15.58 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. Sungy Mobile's Days Sales Outstanding for the three months ended in Sep. 2014 was 89.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sungy Mobile's liquidation value for the three months ended in Sep. 2014 was $114.82 Mil.

Sungy Mobile Change In Receivables Historical Data

The historical data trend for Sungy Mobile'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.

Sungy Mobile Change In Receivables Chart

Sungy Mobile Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Change In Receivables

-2.87

-2.11

-6.26

2.91

Sungy Mobile Quarterly Data
	Dec11	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Change In Receivables	Get a 7-Day Free Trial						-	-	-	-	-

Sungy Mobile 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Sungy Mobile (NAS:GOMO) 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.

Sungy Mobile's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	15.575	/	15.851	*	91
=	89.66

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

Sungy Mobile's liquidation value for the quarter that ended in Sep. 2014 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	119.135	-	16	+	0.75 * 15.575	+	0.5 * 0
=	114.82

Sungy Mobile Change In Receivables Related Terms

Thank you for viewing the detailed overview of Sungy Mobile's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Sungy Mobile (Sungy Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sungy Mobile Ltd (NAS:GOMO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.sungymobile.com

Sungy Mobile Ltd was incorporated in January 2005. The Company, through its subsidiaries, provides mobile reading services and mobile portal marketing services, and sells mobile application products and related services in the PRC. Its platform product, GO Launcher EX, manages apps, widgets and functions on Android smartphones and serves as users' first entry point to their phones. The Company has developed a portfolio of GO series products which include its launcher products and a broad range of other GO series apps and widget.

Sungy Mobile (Sungy Mobile) Headlines

From GuruFocus

An Option to Consider for your Portfolio

By stephen simpson stephen simpson • 09-13-2014

Guaranteed High Returns From This Stocks

By stephen simpson stephen simpson • 09-15-2014

John Burbank Increases Stake in Sungy Mobile More Than 300 Percent

By Holly LaFon Holly LaFon • 07-23-2014

John Burbank Amps up Stake in Chinese Mobile App Company

By Monica Wolfe Monica Wolfe • 07-22-2014