BZIC (Beamz Interactive) Change In Receivables: $0.07 Mil (TTM As of Dec. 2014)

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What is Beamz Interactive Change In Receivables?

Beamz Interactive BZIC -99.00% Change In Receivables is $0.07 Mil as of Dec. 2014.

Beamz Interactive's change in receivables for the quarter that ended in Dec. 2014 was $0.00 Mil. It means Beamz Interactive's Accounts Receivable declined by $0.00 Mil from Sep. 2014 to Dec. 2014 .

Beamz Interactive's change in receivables for the fiscal year that ended in Jun. 2014 was $-0.01 Mil. It means Beamz Interactive's Accounts Receivable increased by $0.01 Mil from Jun. 2013 to Jun. 2014 .

Beamz Interactive's Accounts Receivable for the quarter that ended in Dec. 2014 was $0.02 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. Beamz Interactive's Days Sales Outstanding for the three months ended in Dec. 2014 was 24.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Beamz Interactive's liquidation value for the three months ended in Dec. 2014 was $-5.64 Mil.

Beamz Interactive  (OTCPK:BZIC) 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.

Beamz Interactive's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.023/0.087*91
=24.12

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

Beamz Interactive's liquidation value for the quarter that ended in Dec. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.083-5.902+0.75 * 0.023+0.5 * 0.328
=-5.64

* 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.

Beamz Interactive Change In Receivables Related Terms

Beamz Interactive Change In Receivables Historical Data

* Premium members only.

The historical data trend for Beamz Interactive'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.

Beamz Interactive Change In Receivables Chart

Beamz Interactive Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Change In Receivables
-0.19 0.17 0.02 -0.01

Beamz Interactive Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -0.06 0.08 -0.03 0.01 0.00

Beamz Interactive 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.07 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 $0.07 Mil mean?
Beamz Interactive (BZIC) has a Change In Receivables of $0.07 Mil as of Dec. 2014. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Beamz Interactive and its competitors.
Is Beamz Interactive's Change In Receivables too high?
Beamz Interactive's current Change In Receivables is $0.07 Mil.
How does Beamz Interactive's Change In Receivables compare to LOGG and ANDR?
Beamz Interactive's Change In Receivables of $0.07 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Receivables depends on the Hardware 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 Beamz Interactive and its competitors. Beamz Interactive's current Change In Receivables is $0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beamz Interactive stock overvalued right now?
Beamz Interactive (BZIC) has a current Change In Receivables of $0.07 Mil. The current Change In Receivables is $0.07 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 Beamz Interactive (BZIC), the current Change In Receivables is $0.07 Mil as of Dec. 2014. 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.

Beamz Interactive Business Description

Address 15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260
Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.