AXPWQ (Axion Power International) Change In Receivables: $0.01 Mil (TTM As of Dec. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Axion Power International Change In Receivables?

Axion Power International AXPWQ -99.00% Change In Receivables is $0.01 Mil as of Dec. 2016.

Axion Power International's change in receivables for the quarter that ended in Dec. 2016 was $0.00 Mil. It means Axion Power International's Accounts Receivable stayed the same from Sep. 2016 to Dec. 2016 .

Axion Power International's change in receivables for the fiscal year that ended in Dec. 2016 was $0.01 Mil. It means Axion Power International's Accounts Receivable declined by $0.01 Mil from Dec. 2015 to Dec. 2016 .

Axion Power International's Accounts Receivable for the quarter that ended in Dec. 2016 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. Axion Power International's Days Sales Outstanding for the three months ended in Dec. 2016 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. Axion Power International's liquidation value for the three months ended in Dec. 2016 was $-7.94 Mil.


Axion Power International  (OTCPK:AXPWQ) 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.

Axion Power International's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.023*91
=0.00

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

Axion Power International's liquidation value for the quarter that ended in Dec. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.2-8.143+0.75 * 0+0.5 * 0
=-7.94

* 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.


Axion Power International Change In Receivables Related Terms


Axion Power International Change In Receivables Historical Data

* Premium members only.

The historical data trend for Axion Power International'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.

Axion Power International Change In Receivables Chart

Axion Power International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 0.21 0.55 -0.01 0.01

Axion Power International Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.03 0.01 0.00 0.00 0.00

Axion Power International 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 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 $0.01 Mil mean?
Axion Power International (AXPWQ) has a Change In Receivables of $0.01 Mil as of Dec. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Axion Power International and its competitors.
Is Axion Power International's Change In Receivables too high?
Axion Power International's current Change In Receivables is $0.01 Mil.
How does Axion Power International's Change In Receivables compare to CHGI and GNAL?
Axion Power International's Change In Receivables of $0.01 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Axion Power International and its competitors. Axion Power International's current Change In Receivables is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axion Power International stock overvalued right now?
Axion Power International (AXPWQ) has a current Change In Receivables of $0.01 Mil. The current Change In Receivables is $0.01 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 Axion Power International (AXPWQ), the current Change In Receivables is $0.01 Mil as of Dec. 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.

Axion Power International Business Description

Address 3601 Clover Lane, New Castle, PA, USA, 16105
Axion Power International Inc is a United States-based company. It focuses on reviewing and rating the alternative energy products for residential use.