ADSV (Allied Security Innovations) Change In Receivables: $0.02 Mil (TTM As of Dec. 2017)

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What is Allied Security Innovations Change In Receivables?

Allied Security Innovations ADSV Change In Receivables is $0.02 Mil as of Dec. 2017.

Allied Security Innovations's change in receivables for the quarter that ended in Dec. 2017 was $0.02 Mil. It means Allied Security Innovations's Accounts Receivable declined by $0.02 Mil from Dec. 2016 to Dec. 2017 .

Allied Security Innovations's change in receivables for the fiscal year that ended in Dec. 2017 was $0.02 Mil. It means Allied Security Innovations's Accounts Receivable declined by $0.02 Mil from Dec. 2016 to Dec. 2017 .

Allied Security Innovations's Accounts Receivable for the quarter that ended in Dec. 2017 was $0.34 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. Allied Security Innovations's Days Sales Outstanding for the six months ended in Dec. 2017 was 171.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Allied Security Innovations's liquidation value for the six months ended in Dec. 2017 was $-23.37 Mil.

Allied Security Innovations  (OTCPK:ADSV) 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.

Allied Security Innovations's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.338/0.359*91
=171.82

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

Allied Security Innovations's liquidation value for the quarter that ended in Dec. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.393-24.048+0.75 * 0.338+0.5 * 0.07
=-23.37

* 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.

Allied Security Innovations Change In Receivables Related Terms

Allied Security Innovations Change In Receivables Historical Data

* Premium members only.

The historical data trend for Allied Security Innovations'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.

Allied Security Innovations Change In Receivables Chart

Allied Security Innovations Annual Data
Trend Dec00 Dec01 Dec02 Dec06 Dec07 Dec08 Dec09 Dec15 Dec16 Dec17
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 0.26 0.01 -0.01 0.02

Allied Security Innovations Semi-Annual Data
Dec99 Dec00 Dec01 Dec02 Dec06 Dec07 Dec08 Dec09 Dec15 Dec16 Dec17
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.19 0.26 0.01 -0.01 0.02

Allied Security Innovations 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2017 was $0.02 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 $0.02 Mil mean?
Allied Security Innovations (ADSV) has a Change In Receivables of $0.02 Mil as of Dec. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Allied Security Innovations and its competitors.
Is Allied Security Innovations' Change In Receivables too high?
Allied Security Innovations' current Change In Receivables is $0.02 Mil.
How does Allied Security Innovations' Change In Receivables compare to VMII and MGSGF?
Allied Security Innovations' Change In Receivables of $0.02 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Allied Security Innovations and its competitors. Allied Security Innovations's current Change In Receivables is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Security Innovations stock overvalued right now?
Allied Security Innovations (ADSV) has a current Change In Receivables of $0.02 Mil. The current Change In Receivables is $0.02 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 Allied Security Innovations (ADSV), the current Change In Receivables is $0.02 Mil as of Dec. 2017. 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.

Allied Security Innovations Business Description

Address 224 Datura Street, West Palm Beach, FL, USA, 33401
Allied Security Innovations Inc is engaged in developing and implementing software systems for law enforcement agencies and correctional facilities. The product of the company is Compu-Capture.