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BTHC XV (BTHC XV) Change In Receivables : $-0.36 Mil (TTM As of Dec. 2011)


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What is BTHC XV Change In Receivables?

BTHC XV's change in receivables for the quarter that ended in Dec. 2011 was $-0.36 Mil. It means BTHC XV's Accounts Receivable increased by $0.36 Mil from Dec. 2010 to Dec. 2011 .

BTHC XV's change in receivables for the fiscal year that ended in Dec. 2011 was $-0.36 Mil. It means BTHC XV's Accounts Receivable increased by $0.36 Mil from Dec. 2010 to Dec. 2011 .

BTHC XV's Accounts Receivable for the quarter that ended in Dec. 2011 was $0.17 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. BTHC XV's Days Sales Outstanding for the six months ended in Dec. 2011 was 2.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BTHC XV's liquidation value for the six months ended in Dec. 2011 was $-15.31 Mil.


BTHC XV Change In Receivables Historical Data

The historical data trend for BTHC XV'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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BTHC XV Change In Receivables Chart

BTHC XV Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Change In Receivables
Get a 7-Day Free Trial - - 0.09 -0.98 -0.36

BTHC XV Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Change In Receivables Get a 7-Day Free Trial - - 0.09 -0.98 -0.36

BTHC XV 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 Dec. 2011 was $-0.36 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.


BTHC XV  (OTCPK:BTXV) 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.

BTHC XV's Days Sales Outstanding for the quarter that ended in Dec. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.169/11.616*91
=2.66

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

BTHC XV's liquidation value for the quarter that ended in Dec. 2011 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.697-16.136+0.75 * 0.169+0.5 * 0
=-15.31

* 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.


BTHC XV Change In Receivables Related Terms

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BTHC XV (BTHC XV) Business Description

Traded in Other Exchanges
N/A
Address
Website
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, COB, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

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