GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Poseidon Concepts Corp (GREY:POOSF) » Definitions » Change In Receivables

Poseidon Concepts (Poseidon Concepts) Change In Receivables : $0.0 Mil (TTM As of Sep. 2012)


View and export this data going back to 2011. Start your Free Trial

What is Poseidon Concepts Change In Receivables?

Poseidon Concepts's change in receivables for the quarter that ended in Sep. 2012 was $0.0 Mil. It means Poseidon Concepts's Accounts Receivable stayed the same from Jun. 2012 to Sep. 2012 .

Poseidon Concepts's change in receivables for the fiscal year that ended in Dec. 2011 was $0.0 Mil. It means Poseidon Concepts's Accounts Receivable stayed the same from Dec. 2010 to Dec. 2011 .

Poseidon Concepts's Accounts Receivable for the quarter that ended in Sep. 2012 was $128.3 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. Poseidon Concepts's Days Sales Outstanding for the three months ended in Sep. 2012 was 278.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Poseidon Concepts's liquidation value for the three months ended in Sep. 2012 was $6.7 Mil.


Poseidon Concepts Change In Receivables Historical Data

The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Change In Receivables Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Change In Receivables
Get a 7-Day Free Trial - - - - -

Poseidon Concepts Quarterly Data
Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 - - - - -

Poseidon Concepts 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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.


Poseidon Concepts  (GREY:POOSF) 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.

Poseidon Concepts's Days Sales Outstanding for the quarter that ended in Sep. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=128.3/42.028*91
=278.56

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

Poseidon Concepts's liquidation value for the quarter that ended in Sep. 2012 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.538-96.377+0.75 * 128.3+0.5 * 6.651
=6.7

* 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.


Poseidon Concepts Change In Receivables Related Terms

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


Poseidon Concepts (Poseidon Concepts) Business Description

Traded in Other Exchanges
N/A
Address
645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

Poseidon Concepts (Poseidon Concepts) Headlines

From GuruFocus

Fracking Liquids and Solid Dividends

By Roger Conrad Roger Conrad 10-22-2012