ASCC (Aristocrat Group) Change In Receivables: $-0.02 Mil (TTM As of Apr. 2016)


What is Aristocrat Group Change In Receivables?

Aristocrat Group ASCC Change In Receivables is $-0.02 Mil as of Apr. 2016.

Aristocrat Group's change in receivables for the quarter that ended in Apr. 2016 was $-0.02 Mil. It means Aristocrat Group's Accounts Receivable increased by $0.02 Mil from Jan. 2016 to Apr. 2016 .

Aristocrat Group's change in receivables for the fiscal year that ended in Jul. 2015 was $-0.00 Mil. It means Aristocrat Group's Accounts Receivable increased by $0.00 Mil from Jul. 2014 to Jul. 2015 .

Aristocrat Group's Accounts Receivable for the quarter that ended in Apr. 2016 was $0.03 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. Aristocrat Group's Days Sales Outstanding for the three months ended in Apr. 2016 was 97.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aristocrat Group's liquidation value for the three months ended in Apr. 2016 was $-1.62 Mil.

Aristocrat Group  (OTCPK:ASCC) 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.

Aristocrat Group's Days Sales Outstanding for the quarter that ended in Apr. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.031/0.029*91
=97.54

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

Aristocrat Group's liquidation value for the quarter that ended in Apr. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.003-1.647+0.75 * 0.031+0.5 * 0.009
=-1.62

* 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.

Aristocrat Group Change In Receivables Related Terms

Aristocrat Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Aristocrat Group'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.

Aristocrat Group Change In Receivables Chart

Aristocrat Group Annual Data
Trend Jul12 Jul13 Jul14 Jul15
Change In Receivables
0.00 0.00 -0.01 -0.00

Aristocrat Group Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
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 -0.00 0.00 0.01 -0.01 -0.02

Aristocrat Group 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 Apr. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which 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?
Aristocrat Group (ASCC) has a Change In Receivables of $-0.02 Mil as of Apr. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Aristocrat Group and its competitors.
Is Aristocrat Group's Change In Receivables too high?
Aristocrat Group's current Change In Receivables is $-0.02 Mil.
How does Aristocrat Group's Change In Receivables compare to CMHZ and THST?
Aristocrat Group's Change In Receivables of $-0.02 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 Aristocrat Group and its competitors. Aristocrat Group'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 Aristocrat Group stock overvalued right now?
Aristocrat Group (ASCC) 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 Aristocrat Group (ASCC), the current Change In Receivables is $-0.02 Mil as of Apr. 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.

Aristocrat Group Business Description

Address 4701 Pine Circle Drive, Bellaire, TX, USA, 77401
Aristocrat Group Corp is a United States based company engaged in the distilled spirits industry. It is engaged in the business of brand management and development in the beverage and lifestyle space, with a focus on alcoholic beverage brands in the U.S. The company's principal beverage products-Merica Beer and RWB Vodka, which are manufactured and packaged through third-party partners. Its core operations encompass licensing agreements (manufacture, marketing and distribution), brand development and visual identity, retail and e-commerce distribution, and product innovation/portfolio expansion.