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Geneva Financial (Geneva Financial) Change In Receivables : $0.27 Mil (TTM As of Mar. 2004)


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What is Geneva Financial Change In Receivables?

Geneva Financial's change in receivables for the quarter that ended in Mar. 2004 was $0.50 Mil. It means Geneva Financial's Accounts Receivable declined by $0.50 Mil from Dec. 2003 to Mar. 2004 .

Geneva Financial's change in receivables for the fiscal year that ended in Dec. 2003 was $-0.15 Mil. It means Geneva Financial's Accounts Receivable increased by $0.15 Mil from Dec. 2002 to Dec. 2003 .

Geneva Financial's Accounts Receivable for the quarter that ended in Mar. 2004 was $0.00 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. Geneva Financial's Days Sales Outstanding for the three months ended in Mar. 2004 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Geneva Financial's liquidation value for the three months ended in Mar. 2004 was $-30.48 Mil.


Geneva Financial Change In Receivables Historical Data

The historical data trend for Geneva Financial'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.

Geneva Financial Change In Receivables Chart

Geneva Financial Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Change In Receivables
Get a 7-Day Free Trial 16.18 4.25 0.80 -0.46 -0.15

Geneva Financial Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
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 0.08 -0.15 0.34 -0.43 0.50

Geneva Financial 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 Mar. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.27 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.


Geneva Financial  (OTCPK:GNVN) 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.

Geneva Financial's Days Sales Outstanding for the quarter that ended in Mar. 2004 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.265*91
=0.00

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

Geneva Financial's liquidation value for the quarter that ended in Mar. 2004 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.9-32.382+0.75 * 0+0.5 * 0
=-30.48

* 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.


Geneva Financial Change In Receivables Related Terms

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Geneva Financial (Geneva Financial) Business Description

Traded in Other Exchanges
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Address
Website
Geneva Financial is the holding company of Geneva Mortgage. The company provides a variety of residential mortgage products primarily to credit borrowers seeking conventional or FHA/VA loans. The company has expanded its mortgage banking activities by opening a wholesale division, increasing its sub-prime mortgage originations, establishing a program to provide short-term funding to independent real estate contractors, and expanding its retail loan operations on the Internet.
Executives
Stanley Kreitman director, 10 percent owner, officer: Chairman of the Board PO BOX 575 UNDERHILL BOULEVARD, SYOSSET NY 11791

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