Advant-e (Advant-e) Change In Receivables : $-0.11 Mil (TTM As of Dec. 2012)

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What is Advant-e Change In Receivables?

Advant-e's change in receivables for the quarter that ended in Dec. 2012 was $0.04 Mil. It means Advant-e's Accounts Receivable declined by $0.04 Mil from Sep. 2012 to Dec. 2012 .

Advant-e's change in receivables for the fiscal year that ended in Dec. 2012 was $-0.11 Mil. It means Advant-e's Accounts Receivable increased by $0.11 Mil from Dec. 2011 to Dec. 2012 .

Advant-e's Accounts Receivable for the quarter that ended in Dec. 2012 was $0.89 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. Advant-e's Days Sales Outstanding for the three months ended in Dec. 2012 was 32.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advant-e's liquidation value for the three months ended in Dec. 2012 was $1.84 Mil.

Advant-e Change In Receivables Historical Data

The historical data trend for Advant-e'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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Advant-e Change In Receivables Chart

Advant-e Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Change In Receivables

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0.11

0.07

-0.11

-0.04

-0.11

Advant-e Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
Change In Receivables	Get a 7-Day Free Trial															-0.03	-0.04	0.07	-0.17	0.04

Advant-e 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 Mil.

Advant-e (OTCPK:ADVCD) 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.

Advant-e's Days Sales Outstanding for the quarter that ended in Dec. 2012 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.891	/	2.518	*	91
=	32.29

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

Advant-e's liquidation value for the quarter that ended in Dec. 2012 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.71	-	1.542	+	0.75 * 0.891	+	0.5 * 0
=	1.84

Advant-e Change In Receivables Related Terms

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Advant-e (Advant-e) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Advant-e Corp (OTCPK:ADVCD) » Definitions » Change In Receivables

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Address

2434 Esquire Drive, Beavercreek, OH, USA, 45431

Website

http://www.advant-e.com

Advant-e Corp is a United States based company engaged in the development, marketing, reselling and hosting software and provides services, through its wholly-owned subsidiaries. The services allow the customers to send and receive business documents in standard and proprietary formats. The group specializes in providing hosted electronic data interchange solutions that utilize the internet as the primary communications method.

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