Andalay Solar (Andalay Solar) Change In Receivables : $0.05 Mil (TTM As of Sep. 2015)

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

What is Andalay Solar Change In Receivables?

Andalay Solar's change in receivables for the quarter that ended in Sep. 2015 was $0.04 Mil. It means Andalay Solar's Accounts Receivable declined by $0.04 Mil from Jun. 2015 to Sep. 2015 .

Andalay Solar's change in receivables for the fiscal year that ended in Dec. 2014 was $0.43 Mil. It means Andalay Solar's Accounts Receivable declined by $0.43 Mil from Dec. 2013 to Dec. 2014 .

Andalay Solar's Accounts Receivable for the quarter that ended in Sep. 2015 was $0.07 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. Andalay Solar's Days Sales Outstanding for the three months ended in Sep. 2015 was 33.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Andalay Solar's liquidation value for the three months ended in Sep. 2015 was $-3.13 Mil.

Andalay Solar Change In Receivables Historical Data

The historical data trend for Andalay Solar'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.

Andalay Solar Change In Receivables Chart

Andalay Solar Annual Data

Trend

Oct05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Change In Receivables

Get a 7-Day Free Trial

-0.74

-0.67

0.59

-0.19

0.43

Andalay Solar Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Change In Receivables	Get a 7-Day Free Trial															0.46	-0.01	0.07	-0.05	0.04

Andalay Solar 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.05 Mil.

Andalay Solar (GREY:WEST) 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.

Andalay Solar's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.07	/	0.191	*	91
=	33.44

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

Andalay Solar's liquidation value for the quarter that ended in Sep. 2015 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.042	-	3.319	+	0.75 * 0.07	+	0.5 * 0.184
=	-3.13

Andalay Solar Change In Receivables Related Terms

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

Andalay Solar (Andalay Solar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Andalay Solar Inc (GREY:WEST) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.andalaysolar.com

Andalay Solar Inc designs and manufactures solar power systems and solar panels with integrated micro-inverters. Its product offering includes sold to solar installers, trade workers, and do-it-yourself customers. The company operates in two segments which include Selling AC solar panels to solar installers, trade workers and do-it-yourself customers and its markets, sells, designs and installs systems for residential and commercial customers.