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Clone Algo Technologies (Clone Algo Technologies) Change In Receivables : $-0.17 Mil (TTM As of Apr. 2015)


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What is Clone Algo Technologies Change In Receivables?

Clone Algo Technologies's change in receivables for the quarter that ended in Apr. 2015 was $-0.02 Mil. It means Clone Algo Technologies's Accounts Receivable increased by $0.02 Mil from Jan. 2015 to Apr. 2015 .

Clone Algo Technologies's change in receivables for the fiscal year that ended in Jul. 2013 was $0.00 Mil. It means Clone Algo Technologies's Accounts Receivable stayed the same from . 20 to Jul. 2013 .

Clone Algo Technologies's Accounts Receivable for the quarter that ended in Apr. 2015 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. Clone Algo Technologies's Days Sales Outstanding for the three months ended in Apr. 2015 was 301.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Clone Algo Technologies's liquidation value for the three months ended in Apr. 2015 was $1.75 Mil.


Clone Algo Technologies Change In Receivables Historical Data

The historical data trend for Clone Algo 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.

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Clone Algo Technologies Change In Receivables Chart

Clone Algo Technologies Annual Data
Trend Jul13
Change In Receivables
-

Clone Algo Technologies Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
Change In Receivables Get a 7-Day Free Trial - - -0.11 -0.04 -0.02

Clone Algo 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 Apr. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.17 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.


Clone Algo Technologies  (OTCPK:CATI) 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.

Clone Algo Technologies's Days Sales Outstanding for the quarter that ended in Apr. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.165/0.05*91
=301.13

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

Clone Algo Technologies's liquidation value for the quarter that ended in Apr. 2015 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.08-0.455+0.75 * 0.165+0.5 * 0
=1.75

* 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.


Clone Algo Technologies Change In Receivables Related Terms

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Clone Algo Technologies (Clone Algo Technologies) Business Description

Traded in Other Exchanges
N/A
Address
10300 West Charleston Boulevard, Suite 13-438, Las Vegas, NV, USA, 89135
Clone Algo Technologies Inc is a shell company.

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