ASII (Accredited Solutions) Change In Receivables: $0.02 Mil (TTM As of Sep. 2024)


What is Accredited Solutions Change In Receivables?

Accredited Solutions ASII Change In Receivables is $0.02 Mil as of Sep. 2024.

Accredited Solutions's change in receivables for the quarter that ended in Sep. 2024 was $-0.06 Mil. It means Accredited Solutions's Accounts Receivable increased by $0.06 Mil from Jun. 2024 to Sep. 2024 .

Accredited Solutions's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.01 Mil. It means Accredited Solutions's Accounts Receivable increased by $0.01 Mil from Dec. 2022 to Dec. 2023 .

Accredited Solutions's Accounts Receivable for the quarter that ended in Sep. 2024 was $0.06 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. Accredited Solutions's Days Sales Outstanding for the three months ended in Sep. 2024 was 23.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Accredited Solutions's liquidation value for the three months ended in Sep. 2024 was $-1.27 Mil.

Accredited Solutions  (OTCPK:ASII) 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.

Accredited Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.061/0.241*91
=23.10

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

Accredited Solutions's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.012-1.325+0.75 * 0.061+0.5 * 0
=-1.27

* 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.

Accredited Solutions Change In Receivables Related Terms

Accredited Solutions Change In Receivables Historical Data

* Premium members only.

The historical data trend for Accredited Solutions'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.

Accredited Solutions Change In Receivables Chart

Accredited Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.09 0.00 -0.05 -0.01

Accredited Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.04 0.02 0.06 0.00 -0.06

Accredited Solutions 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 Sep. 2024 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?
Accredited Solutions (ASII) has a Change In Receivables of $0.02 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Accredited Solutions and its competitors.
Is Accredited Solutions' Change In Receivables too high?
Accredited Solutions' current Change In Receivables is $0.02 Mil.
How does Accredited Solutions' Change In Receivables compare to NEVIF and KO?
Accredited Solutions' Change In Receivables of $0.02 Mil can be compared against companies in the Beverages - Non-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 - Non-Alcoholic company?
A good Change In Receivables depends on the Beverages - Non-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 Accredited Solutions and its competitors. Accredited Solutions'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 Accredited Solutions stock overvalued right now?
Accredited Solutions (ASII) 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 Accredited Solutions (ASII), the current Change In Receivables is $0.02 Mil as of Sep. 2024. 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.

Accredited Solutions Business Description

Address 20311 Chartwell Center Drive, Suite 1469, Cornelius, NC, USA, 28031
Accredited Solutions Inc is engaged in providing high alkaline natural spring water through the Diamond Creek brand. Its products' benefits include controlling blood sugar, detoxifying the Body, More Hydrating, Nature's Energy Drink, Powerful Antioxidants, and Helps Balance Bodies pH.