Sierra Monitor (Sierra Monitor) Change In Receivables : $0.14 Mil (TTM As of Mar. 2019)

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

What is Sierra Monitor Change In Receivables?

Sierra Monitor's change in receivables for the quarter that ended in Mar. 2019 was $-0.38 Mil. It means Sierra Monitor's Accounts Receivable increased by $0.38 Mil from Dec. 2018 to Mar. 2019 .

Sierra Monitor's change in receivables for the fiscal year that ended in Dec. 2018 was $0.92 Mil. It means Sierra Monitor's Accounts Receivable declined by $0.92 Mil from Dec. 2017 to Dec. 2018 .

Sierra Monitor's Accounts Receivable for the quarter that ended in Mar. 2019 was $2.73 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. Sierra Monitor's Days Sales Outstanding for the three months ended in Mar. 2019 was 45.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sierra Monitor's liquidation value for the three months ended in Mar. 2019 was $3.55 Mil.

Sierra Monitor Change In Receivables Historical Data

The historical data trend for Sierra Monitor'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.

Sierra Monitor Change In Receivables Chart

Sierra Monitor Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Change In Receivables

Get a 7-Day Free Trial

-0.62

-0.02

0.08

-0.75

0.92

Sierra Monitor Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Change In Receivables	Get a 7-Day Free Trial															0.40	-0.10	0.03	0.59	-0.38

Sierra Monitor 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.14 Mil.

Sierra Monitor (OTCPK:SRMC) 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.

Sierra Monitor's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.727	/	5.523	*	91
=	45.05

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

Sierra Monitor's liquidation value for the quarter that ended in Mar. 2019 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.256	-	2.813	+	0.75 * 2.727	+	0.5 * 4.126
=	3.55

Sierra Monitor Change In Receivables Related Terms

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

Sierra Monitor (Sierra Monitor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sierra Monitor Corp (OTCPK:SRMC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1991 Tarob Court, Milpitas, CA, USA, 95035

Website

http://www.sierramonitor.com

Sierra Monitor Corp provides the industrial and commercial facilities management market with IIoT solutions that connect and protect infrastructure assets. Its business divisions include Gas detection devices, Environmental controllers, and FieldServers. The company generates a majority of its revenue from the sale of FieldServers.

Executives

C Richard Kramlich	director	1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Ross D Demont	director	51 PICKWICK ROAD, NEWTON MA 02465
James D Norrod	director	C/O SIERRA MONITOR CORPORATION, 1991 TAROB CT, MILPITAS CA 95035