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Asia Carbon Industries (Asia Carbon Industries) Change In Receivables : $2.81 Mil (TTM As of Jun. 2013)


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What is Asia Carbon Industries Change In Receivables?

Asia Carbon Industries's change in receivables for the quarter that ended in Jun. 2013 was $0.17 Mil. It means Asia Carbon Industries's Accounts Receivable declined by $0.17 Mil from Mar. 2013 to Jun. 2013 .

Asia Carbon Industries's change in receivables for the fiscal year that ended in Dec. 2012 was $0.80 Mil. It means Asia Carbon Industries's Accounts Receivable declined by $0.80 Mil from Dec. 2011 to Dec. 2012 .

Asia Carbon Industries's Accounts Receivable for the quarter that ended in Jun. 2013 was $2.48 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. Asia Carbon Industries's Days Sales Outstanding for the three months ended in Jun. 2013 was 41.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Carbon Industries's liquidation value for the three months ended in Jun. 2013 was $4.85 Mil.


Asia Carbon Industries Change In Receivables Historical Data

The historical data trend for Asia Carbon Industries'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.

Asia Carbon Industries Change In Receivables Chart

Asia Carbon Industries Annual Data
Trend Dec09 Dec10 Dec11 Dec12
Change In Receivables
-0.03 -3.17 1.64 0.80

Asia Carbon Industries Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 -0.24 1.98 0.90 0.17

Asia Carbon Industries 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.81 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.


Asia Carbon Industries  (OTCPK:ACRB) 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.

Asia Carbon Industries's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.479/5.487*91
=41.23

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

Asia Carbon Industries's liquidation value for the quarter that ended in Jun. 2013 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.318-3.187+0.75 * 2.479+0.5 * 1.711
=4.85

* 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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Asia Carbon Industries (Asia Carbon Industries) Business Description

Traded in Other Exchanges
N/A
Address
Xi Gu Nan Street, Qing Xu County Taiyuan, Shanxi Province, Taiyuan City, CHN, 030407
Asia Carbon Industries Inc is a United States based company, through its subsidiary, manufactures carbon black products under the Great Double Star brand and other by-products. The company manufactures one soft and two hard carbon black products, called N660, N330, and N220, respectively.

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