APHD (Apogee 21 Holdings) Change In Receivables: $0.04 Mil (TTM As of Mar. 2016)

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What is Apogee 21 Holdings Change In Receivables?

Apogee 21 Holdings APHD -39.72% Change In Receivables is $0.04 Mil as of Mar. 2016.

Apogee 21 Holdings's change in receivables for the quarter that ended in Mar. 2016 was $0.00 Mil. It means Apogee 21 Holdings's Accounts Receivable stayed the same from Dec. 2015 to Mar. 2016 .

Apogee 21 Holdings's change in receivables for the fiscal year that ended in Jun. 2015 was $0.04 Mil. It means Apogee 21 Holdings's Accounts Receivable declined by $0.04 Mil from Jun. 2014 to Jun. 2015 .

Apogee 21 Holdings's Accounts Receivable for the quarter that ended in Mar. 2016 was $0.00 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. Apogee 21 Holdings's Days Sales Outstanding for the three months ended in Mar. 2016 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Apogee 21 Holdings's liquidation value for the three months ended in Mar. 2016 was $-2.43 Mil.

Apogee 21 Holdings  (OTCPK:APHD) 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.

Apogee 21 Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.119*91
=0.00

2. In Ben Graham's calculation of liquidation value, Apogee 21 Holdings's accounts receivable are only considered to be worth 75% of book value:

Apogee 21 Holdings's liquidation value for the quarter that ended in Mar. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.126-2.554+0.75 * 0+0.5 * 0
=-2.43

* 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.

Apogee 21 Holdings Change In Receivables Related Terms

Apogee 21 Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for Apogee 21 Holdings'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.

Apogee 21 Holdings Change In Receivables Chart

Apogee 21 Holdings Annual Data
Trend Apr05 Dec06 Dec07 Dec08 Dec09 Jun11 Jun12 Jun13 Jun14 Jun15
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -0.29 0.11 0.01 0.04

Apogee 21 Holdings Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.02 0.02 0.00 0.00

Apogee 21 Holdings 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 Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 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 $0.04 Mil mean?
Apogee 21 Holdings (APHD) has a Change In Receivables of $0.04 Mil as of Mar. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Apogee 21 Holdings and its competitors.
Is Apogee 21 Holdings' Change In Receivables too high?
Apogee 21 Holdings' current Change In Receivables is $0.04 Mil.
How does Apogee 21 Holdings' Change In Receivables compare to RLTR and FPTA?
Apogee 21 Holdings' Change In Receivables of $0.04 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Change In Receivables depends on the Beverages - Alcoholic 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 Apogee 21 Holdings and its competitors. Apogee 21 Holdings's current Change In Receivables is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee 21 Holdings stock overvalued right now?
Apogee 21 Holdings (APHD) has a current Change In Receivables of $0.04 Mil. The current Change In Receivables is $0.04 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 Apogee 21 Holdings (APHD), the current Change In Receivables is $0.04 Mil as of Mar. 2016. 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.

Apogee 21 Holdings Business Description

Address 4578 Carriage Lane, Las Vegas, NV, USA, 89119
Apogee 21 Holdings Inc is doing business as A21 Wine & Spirits, is a producer and marketer of craft spirits and wine. The company owns Monkey in Paradise Vodka, Andale Tequila, and Blue Nectar Tequila brands. It also has the sales agency for Zunte Mezcal and Finca Ferrer Wines from Argentina.