CFPI (California Style Palms) Change In Receivables: $-0.01 Mil (TTM As of Sep. 2006)

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What is California Style Palms Change In Receivables?

California Style Palms CFPI Change In Receivables is $-0.01 Mil as of Sep. 2006.

California Style Palms's change in receivables for the quarter that ended in Sep. 2006 was $0.18 Mil. It means California Style Palms's Accounts Receivable declined by $0.18 Mil from Jun. 2006 to Sep. 2006 .

California Style Palms's change in receivables for the fiscal year that ended in Mar. 2005 was $-0.05 Mil. It means California Style Palms's Accounts Receivable increased by $0.05 Mil from Jan. 2003 to Mar. 2005 .

California Style Palms's Accounts Receivable for the quarter that ended in Sep. 2006 was $0.10 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. California Style Palms's Days Sales Outstanding for the three months ended in Sep. 2006 was 2.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. California Style Palms's liquidation value for the three months ended in Sep. 2006 was $-24.44 Mil.

California Style Palms  (OTCPK:CFPI) 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.

California Style Palms's Days Sales Outstanding for the quarter that ended in Sep. 2006 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.1/3.573*91
=2.55

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

California Style Palms's liquidation value for the quarter that ended in Sep. 2006 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.004-24.706+0.75 * 0.1+0.5 * 0.382
=-24.44

* 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.

California Style Palms Change In Receivables Related Terms

California Style Palms Change In Receivables Historical Data

* Premium members only.

The historical data trend for California Style Palms'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.

California Style Palms Change In Receivables Chart

California Style Palms Annual Data
Trend Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Mar05
Change In Receivables
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.05

California Style Palms Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 -0.03 -0.02 -0.14 0.18

California Style Palms 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. 2006 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?
California Style Palms (CFPI) has a Change In Receivables of $-0.01 Mil as of Sep. 2006. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for California Style Palms and its competitors.
Is California Style Palms' Change In Receivables too high?
California Style Palms' current Change In Receivables is $-0.01 Mil.
How does California Style Palms' Change In Receivables compare to BYIN?
California Style Palms' Change In Receivables of $-0.01 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods 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 California Style Palms and its competitors. California Style Palms'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 California Style Palms stock overvalued right now?
California Style Palms (CFPI) 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 California Style Palms (CFPI), the current Change In Receivables is $-0.01 Mil as of Sep. 2006. 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.

California Style Palms Business Description

Address 349 North Renee Street, Orange, CA, USA, 92869-3122
California Style Palms Inc is engaged in selling and installation of decorative palm trees. It owns and operates the assets, with the exception of the real estate, of Gregory Palm Farms, LLC, a fourth-generation farmers company who live to grow its own products. The company owns and operates two farms in California, and have set up central location in Orange, Orange County. It derives revenues primarily from the sale and installation of decorative palm trees.