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Allegiant Professional Business Services (Allegiant Professional Business Services) Change In Receivables : $-0.07 Mil (TTM As of Dec. 2008)


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What is Allegiant Professional Business Services Change In Receivables?

Allegiant Professional Business Services's change in receivables for the quarter that ended in Dec. 2008 was $-0.06 Mil. It means Allegiant Professional Business Services's Accounts Receivable increased by $0.06 Mil from Sep. 2008 to Dec. 2008 .

Allegiant Professional Business Services's change in receivables for the fiscal year that ended in Sep. 2008 was $-0.32 Mil. It means Allegiant Professional Business Services's Accounts Receivable increased by $0.32 Mil from Sep. 2007 to Sep. 2008 .

Allegiant Professional Business Services's Accounts Receivable for the quarter that ended in Dec. 2008 was $0.17 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. Allegiant Professional Business Services's Days Sales Outstanding for the three months ended in Dec. 2008 was 12.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Allegiant Professional Business Services's liquidation value for the three months ended in Dec. 2008 was $-7.74 Mil.


Allegiant Professional Business Services Change In Receivables Historical Data

The historical data trend for Allegiant Professional Business Services'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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Allegiant Professional Business Services Change In Receivables Chart

Allegiant Professional Business Services Annual Data
Trend Sep05 Sep06 Sep07 Sep08
Change In Receivables
- - - -0.32

Allegiant Professional Business Services Quarterly Data
Sep05 Dec05 Mar06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -0.70 0.68 -0.06

Allegiant Professional Business Services 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 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.


Allegiant Professional Business Services  (OTCPK:APRO) 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.

Allegiant Professional Business Services's Days Sales Outstanding for the quarter that ended in Dec. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.165/1.163*91
=12.95

2. In Ben Graham's calculation of liquidation value, Allegiant Professional Business Services's accounts receivable are only considered to be worth 75% of book value:

Allegiant Professional Business Services's liquidation value for the quarter that ended in Dec. 2008 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.035-7.902+0.75 * 0.165+0.5 * 0
=-7.74

* 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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Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description

Traded in Other Exchanges
N/A
Address
11838 Bernardo Plaza Ct., Suite 240, San Diego, CA, USA, 92128
Allegiant Professional Business Services Inc is a comprehensive employer business solutions provider like payroll processing, tax administration, workers' compensation insurance, human resources, and employee benefits.
Executives
James M Cassidy 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662

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