Moving iMage Technologies (Moving iMage Technologies) Change In Receivables : $0.27 Mil (TTM As of Dec. 2023)

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What is Moving iMage Technologies Change In Receivables?

Moving iMage Technologies's change in receivables for the quarter that ended in Dec. 2023 was $0.90 Mil. It means Moving iMage Technologies's Accounts Receivable declined by $0.90 Mil from Sep. 2023 to Dec. 2023 .

Moving iMage Technologies's change in receivables for the fiscal year that ended in Jun. 2023 was $0.87 Mil. It means Moving iMage Technologies's Accounts Receivable declined by $0.87 Mil from Jun. 2022 to Jun. 2023 .

Moving iMage Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $1.14 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. Moving iMage Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Moving iMage Technologies's liquidation value for the three months ended in Dec. 2023 was $2.88 Mil.

Moving iMage Technologies Change In Receivables Historical Data

The historical data trend for Moving iMage Technologies'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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Moving iMage Technologies Change In Receivables Chart

Moving iMage Technologies Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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0.16

1.48

0.28

-1.09

0.87

Moving iMage Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.35	0.42	0.09	-1.14	0.90

Moving iMage Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.27 Mil.

Moving iMage Technologies (AMEX:MITQ) 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.

Moving iMage Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.138	/	3.265	*	91
=	31.80

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

Moving iMage Technologies's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.139	-	5.341	+	0.75 * 1.138	+	0.5 * 4.459
=	2.88

Moving iMage Technologies Change In Receivables Related Terms

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Moving iMage Technologies (Moving iMage Technologies) Business Description

Industry

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Traded in Other Exchanges

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Address

17760 Newhope Street, Fountain Valley, CA, USA, 92708

Website

http://www.movingimagetech.com

Moving iMage Technologies Inc is engaged in providing designed equipment as well as other off the shelf cinema products needed for contemporary cinema requirements. It offers technical, design and consulting services such as custom engineering, systems design, integration and installation, and digital technology, as well as software solutions for operations enhancement and theatre management.

Executives

William F Greene	officer: Interim CFO	12220 EL CAMINO REAL #410, CARLSBAD CA 92130
Philip L. Rafnson	director, 10 percent owner, officer: CEO, Pres.	17760 NEWHOPE STREET, IRVINE CA 92708
Bevan Wright	officer: EVP Operations	17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
John Stiska	director
Katherine D Crothall	director	2425 S. BLUE CRANE DRIVE, JACKSON WY 83001
Jose Delgado	officer: EVP Sales & Marketing	11760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Michael R. Sherman	officer: CFO	17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Scott Lloyd Anderson	director	17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92075
Sound Management Investors, Llc	10 percent owner	11109 XYLON AVENUE S, BLOOMINGTON MN 55438