Avax Technologies (Avax Technologies) Change In Receivables : $0.08 Mil (TTM As of Sep. 2008)

View and export this data going back to . Start your Free Trial

What is Avax Technologies Change In Receivables?

Avax Technologies's change in receivables for the quarter that ended in Sep. 2008 was $0.01 Mil. It means Avax Technologies's Accounts Receivable declined by $0.01 Mil from Jun. 2008 to Sep. 2008 .

Avax Technologies's change in receivables for the fiscal year that ended in Dec. 2007 was $0.10 Mil. It means Avax Technologies's Accounts Receivable declined by $0.10 Mil from Dec. 2006 to Dec. 2007 .

Avax Technologies's Accounts Receivable for the quarter that ended in Sep. 2008 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. Avax Technologies's Days Sales Outstanding for the three months ended in Sep. 2008 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. Avax Technologies's liquidation value for the three months ended in Sep. 2008 was $-3.11 Mil.

Avax Technologies Change In Receivables Historical Data

The historical data trend for Avax Technologies'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.

* Premium members only.

Avax Technologies Change In Receivables Chart

Avax Technologies Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Change In Receivables

Get a 7-Day Free Trial

0.18

-0.02

-0.12

0.10

Avax Technologies Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Change In Receivables	Get a 7-Day Free Trial															0.01	-0.05	-	0.13	0.01

Avax Technologies 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.08 Mil.

Avax Technologies (OTCPK:AVXT) 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.

Avax Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2008 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.2	*	91
=	0.00

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

Avax Technologies's liquidation value for the quarter that ended in Sep. 2008 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.345	-	3.453	+	0.75 * 0	+	0.5 * 0.004
=	-3.11

Avax Technologies Change In Receivables Related Terms

Thank you for viewing the detailed overview of Avax Technologies's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Avax Technologies (Avax Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Avax Technologies Inc (OTCPK:AVXT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

9200 Indian Creek Parkway, Suite 200, Overland Park, KS, USA, 66210

Website

http://www.avax-tech.com

Avax Technologies Inc is a development stage biotechnology company. The company is engaged in the development and commercialization of individualized vaccine therapies and other technologies for the treatment of cancer. It also involved in the development and commercial readiness in the immuno-oncology arena.

Executives

Carl Spana	director	PALATIN TECHNOLOGIES, INC., 4B CEDAR BROOK DRIVE, CRANBURY NJ 08512
Prendergast John K A	director	ROBERTS SHERIDAN & KOTEL, 12 EAST 49TH STREET 30TH FL, NEW YORK NY 10017

Avax Technologies (Avax Technologies) Headlines

No Headlines