APTY (APT Systems) Change In Receivables: $0.00 Mil (TTM As of Oct. 2018)


What is APT Systems Change In Receivables?

APT Systems APTY -20.00% Change In Receivables is $0.00 Mil as of Oct. 2018.

APT Systems's change in receivables for the quarter that ended in Oct. 2018 was $0.00 Mil. It means APT Systems's Accounts Receivable stayed the same from Jul. 2018 to Oct. 2018 .

APT Systems's change in receivables for the fiscal year that ended in Jan. 2018 was $0.07 Mil. It means APT Systems's Accounts Receivable declined by $0.07 Mil from Jan. 2017 to Jan. 2018 .

APT Systems's Accounts Receivable for the quarter that ended in Oct. 2018 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. APT Systems's Days Sales Outstanding for the three months ended in Oct. 2018 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. APT Systems's liquidation value for the three months ended in Oct. 2018 was $-1.71 Mil.


APT Systems  (OTCPK:APTY) 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.

APT Systems's Days Sales Outstanding for the quarter that ended in Oct. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.001*91
=0.00

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

APT Systems's liquidation value for the quarter that ended in Oct. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.037-1.743+0.75 * 0+0.5 * 0
=-1.71

* 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.


APT Systems Change In Receivables Related Terms


APT Systems Change In Receivables Historical Data

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The historical data trend for APT Systems'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.

APT Systems Change In Receivables Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Change In Receivables
Get a 7-Day Free Trial 0.00 0.00 -0.00 0.03 0.07

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 0.00 0.00 0.01 -0.01 0.00

APT Systems 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 Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
APT Systems (APTY) has a Change In Receivables of $0.00 Mil as of Oct. 2018. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for APT Systems and its competitors.
Is APT Systems' Change In Receivables too high?
APT Systems' current Change In Receivables is $0.00 Mil.
How does APT Systems' Change In Receivables compare to CLIS and AVOI?
APT Systems' Change In Receivables of $0.00 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 APT Systems and its competitors. APT Systems's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APT Systems stock overvalued right now?
APT Systems (APTY) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 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 APT Systems (APTY), the current Change In Receivables is $0.00 Mil as of Oct. 2018. 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.

APT Systems Business Description

Address 505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
APT Systems Inc operates as a Fintech company to engage in the creation of financial platforms and financial apps, and imagines new visual solutions for charting the financial markets. It is focused on building a financial ecosystem around the Verifundr escrow system, which is a payment distribution platform that can include smart contracts and a subscription trading service that is backed by a true stablecoin named Spera (SPRA). The company is also developing credentials for verifying and reporting on an accredited investor's status.