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Forge Group (ASX:FGE) Change In Receivables : A$0 Mil (TTM As of Jun. 2013)


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What is Forge Group Change In Receivables?

Forge Group's change in receivables for the quarter that ended in Jun. 2013 was A$0 Mil. It means Forge Group's Accounts Receivable stayed the same from Jun. 2012 to Jun. 2013 .

Forge Group's change in receivables for the fiscal year that ended in Jun. 2013 was A$0 Mil. It means Forge Group's Accounts Receivable stayed the same from Jun. 2012 to Jun. 2013 .

Forge Group's Accounts Receivable for the quarter that ended in Jun. 2013 was A$0 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. Forge Group's Days Sales Outstanding for the six months ended in Jun. 2013 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. Forge Group's liquidation value for the six months ended in Jun. 2013 was A$-82 Mil.


Forge Group Change In Receivables Historical Data

The historical data trend for Forge 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.

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Forge Group Change In Receivables Chart

Forge Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Change In Receivables
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Forge Group Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
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Forge 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2013 was A$0 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.


Forge Group  (ASX:FGE) 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.

Forge Group's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1054.1*91
=0.00

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

Forge Group's liquidation value for the quarter that ended in Jun. 2013 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=93.476-250.784+0.75 * 0+0.5 * 150.491
=-82

* 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.


Forge Group Change In Receivables Related Terms

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Forge Group (ASX:FGE) Business Description

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Forge Group Ltd provides construction, commercial building, engineering, maintenance and workshop fabrication services. Its operations are segmented into four areas - Minerals & Resources, Power, Construction and Asset Management. The Minerals & Resources segment provides a wide range of engineering, design and construction services for the mining and metals sector. The Power segment provides turnkey power generation solutions to the energy and utilities sectors. The Construction segment offers a suite of construction services that covers all disciplines including heavy civil, structural, mechanical, piping, tanks, electrical, instrumentation, and building. Further, the Asset Management segment offers various asset management services. The Company has operational footprints across Australia, North America, Africa and Asia.

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