AAXT (Aamaxan Transport Group) Change In Receivables: $-1.74 Mil (TTM As of Jun. 2008)

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What is Aamaxan Transport Group Change In Receivables?

Aamaxan Transport Group AAXT Change In Receivables is $-1.74 Mil as of Jun. 2008.

Aamaxan Transport Group's change in receivables for the quarter that ended in Jun. 2008 was $-1.37 Mil. It means Aamaxan Transport Group's Accounts Receivable increased by $1.37 Mil from Jan. 2008 to Jun. 2008 .

Aamaxan Transport Group's change in receivables for the fiscal year that ended in Jan. 2007 was $0.00 Mil. It means Aamaxan Transport Group's Accounts Receivable stayed the same from Jan. 2006 to Jan. 2007 .

Aamaxan Transport Group's Accounts Receivable for the quarter that ended in Jun. 2008 was $4.02 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. Aamaxan Transport Group's Days Sales Outstanding for the three months ended in Jun. 2008 was 37.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aamaxan Transport Group's liquidation value for the three months ended in Jun. 2008 was $-3.12 Mil.

Aamaxan Transport Group  (OTCPK:AAXT) 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.

Aamaxan Transport Group's Days Sales Outstanding for the quarter that ended in Jun. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.023/9.781*91
=37.53

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

Aamaxan Transport Group's liquidation value for the quarter that ended in Jun. 2008 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=10.769-17.823+0.75 * 4.023+0.5 * 1.826
=-3.12

* 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.

Aamaxan Transport Group Change In Receivables Related Terms

Aamaxan Transport Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Aamaxan Transport Group'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.

Aamaxan Transport Group Change In Receivables Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Change In Receivables
0.00 0.00

Aamaxan Transport Group Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 -0.37 0.00 0.00 -1.37

Aamaxan Transport Group 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 Jun. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.74 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-1.74 Mil mean?
Aamaxan Transport Group (AAXT) has a Change In Receivables of $-1.74 Mil as of Jun. 2008. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Aamaxan Transport Group and its competitors.
Is Aamaxan Transport Group's Change In Receivables too high?
Aamaxan Transport Group's current Change In Receivables is $-1.74 Mil.
How does Aamaxan Transport Group's Change In Receivables compare to SDON and ASKH?
Aamaxan Transport Group's Change In Receivables of $-1.74 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Diversified Financial Services company?
A good Change In Receivables depends on the Diversified Financial Services industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Aamaxan Transport Group and its competitors. Aamaxan Transport Group's current Change In Receivables is $-1.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aamaxan Transport Group stock overvalued right now?
Aamaxan Transport Group (AAXT) has a current Change In Receivables of $-1.74 Mil. The current Change In Receivables is $-1.74 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Aamaxan Transport Group (AAXT), the current Change In Receivables is $-1.74 Mil as of Jun. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aamaxan Transport Group Business Description

Address 31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.