Alliance Creative Group (Alliance Creative Group) Change In Receivables : $-0.32 Mil (TTM As of Dec. 2018)

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What is Alliance Creative Group Change In Receivables?

Alliance Creative Group's change in receivables for the quarter that ended in Dec. 2018 was $-0.04 Mil. It means Alliance Creative Group's Accounts Receivable increased by $0.04 Mil from Sep. 2018 to Dec. 2018 .

Alliance Creative Group's change in receivables for the fiscal year that ended in Dec. 2018 was $-0.32 Mil. It means Alliance Creative Group's Accounts Receivable increased by $0.32 Mil from Dec. 2017 to Dec. 2018 .

Alliance Creative Group's Accounts Receivable for the quarter that ended in Dec. 2018 was $2.12 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. Alliance Creative Group's Days Sales Outstanding for the three months ended in Dec. 2018 was 51.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Alliance Creative Group's liquidation value for the three months ended in Dec. 2018 was $-0.47 Mil.

Alliance Creative Group Change In Receivables Historical Data

The historical data trend for Alliance Creative 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.

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Alliance Creative Group Change In Receivables Chart

Alliance Creative Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Change In Receivables

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-0.14

-0.02

-0.38

-0.40

-0.32

Alliance Creative Group Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Change In Receivables	Get a 7-Day Free Trial															-0.26	-0.49	1.05	-0.84	-0.04

Alliance Creative 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.32 Mil.

Alliance Creative Group (OTCPK:ACGX) 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.

Alliance Creative Group's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.121	/	3.751	*	91
=	51.60

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

Alliance Creative Group's liquidation value for the quarter that ended in Dec. 2018 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.232	-	3.147	+	0.75 * 2.121	+	0.5 * 1.702
=	-0.47

Alliance Creative Group Change In Receivables Related Terms

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Alliance Creative Group (Alliance Creative Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Alliance Creative Group Inc (OTCPK:ACGX) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

7366 North Lincoln Avenue, Suite 105, Lincolnwood, IL, USA, 60712

Website

https://www.alliancecreativegroup.com

Alliance Creative Group Inc up is a packaging solutions company focused on Retail Packaging and Packaging Management. It helps its clients from initial concept and packaging development through final production and managed inventory solutions. It is focused on flexible packaging, clear rigid packaging, folding cartons in the food and beverage industry, vendor-managed inventory supply chain services, and fulfillment.