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TX Rail Products (TX Rail Products) Change In Receivables : $-0.03 Mil (TTM As of Sep. 2020)


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What is TX Rail Products Change In Receivables?

TX Rail Products's change in receivables for the quarter that ended in Sep. 2020 was $0.00 Mil. It means TX Rail Products's Accounts Receivable stayed the same from Sep. 2019 to Sep. 2020 .

TX Rail Products's change in receivables for the fiscal year that ended in Sep. 2020 was $0.16 Mil. It means TX Rail Products's Accounts Receivable declined by $0.16 Mil from Sep. 2019 to Sep. 2020 .

TX Rail Products's Accounts Receivable for the quarter that ended in Sep. 2020 was $0.12 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TX Rail Products's liquidation value for the three months ended in Sep. 2020 was $-3.03 Mil.


TX Rail Products Change In Receivables Historical Data

The historical data trend for TX Rail Products'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.

TX Rail Products Change In Receivables Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 -0.23 0.16 -0.03 0.16

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
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 -0.02 -0.18 0.04 0.13 -

TX Rail Products 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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.


TX Rail Products  (OTCPK:TXRP) 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.

TX Rail Products's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.115/0*91
=

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

TX Rail Products's liquidation value for the quarter that ended in Sep. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.024-4.156+0.75 * 0.115+0.5 * 2.039
=-3.03

* 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.


TX Rail Products Change In Receivables Related Terms

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TX Rail Products (TX Rail Products) Business Description

Traded in Other Exchanges
N/A
Address
12080 Virginia Boulevard, Ashland, KY, USA, 41102
TX Holdings Inc is engaged in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail material directly and through other suppliers to the United States coal mining industry which are used in production and transportation processes. The company's product profile includes Miner Bits, Block and Sleeves, and Miscellaneous parts.

TX Rail Products (TX Rail Products) Headlines

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