Salon City (Salon City) Change In Receivables : $-0.07 Mil (TTM As of Sep. 2008)

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What is Salon City Change In Receivables?

Salon City's change in receivables for the quarter that ended in Sep. 2008 was $-0.07 Mil. It means Salon City's Accounts Receivable increased by $0.07 Mil from Jun. 2008 to Sep. 2008 .

Salon City's change in receivables for the fiscal year that ended in Dec. 2007 was $0.06 Mil. It means Salon City's Accounts Receivable declined by $0.06 Mil from Dec. 2006 to Dec. 2007 .

Salon City's Accounts Receivable for the quarter that ended in Sep. 2008 was $0.19 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. Salon City's Days Sales Outstanding for the three months ended in Sep. 2008 was 3,431.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Salon City's liquidation value for the three months ended in Sep. 2008 was $-0.79 Mil.

Salon City Change In Receivables Historical Data

The historical data trend for Salon City'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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Salon City Change In Receivables Chart

Salon City Annual Data

Trend

Dec06

Dec07

Change In Receivables

0.06

Salon City Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Change In Receivables	Get a 7-Day Free Trial			-0.04	0.11	-0.03	-0.09	-0.07

Salon City 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

Salon City (OTCPK:SALN) 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.

Salon City's Days Sales Outstanding for the quarter that ended in Sep. 2008 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.188	/	0.005	*	91
=	3,431.00

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

Salon City's liquidation value for the quarter that ended in Sep. 2008 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.024	-	0.953	+	0.75 * 0.188	+	0.5 * 0
=	-0.79

Salon City Change In Receivables Related Terms

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Salon City (Salon City) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Salon City Inc (OTCPK:SALN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

909 North Palm Avenue, Suite 311, West Hollywood, CA, USA, 90069

Website

http://www.saloncity.com

Salon City Inc is engaged in the beauty industry through its media and network. Geographically the business presence of the group are seen in United States and internationally.

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