CSSV (Caspian Services) Change In Receivables: $-1.91 Mil (TTM As of Jun. 2016)


What is Caspian Services Change In Receivables?

Caspian Services CSSV Change In Receivables is $-1.91 Mil as of Jun. 2016.

Caspian Services's change in receivables for the quarter that ended in Jun. 2016 was $-2.38 Mil. It means Caspian Services's Accounts Receivable increased by $2.38 Mil from Mar. 2016 to Jun. 2016 .

Caspian Services's change in receivables for the fiscal year that ended in Sep. 2015 was $1.21 Mil. It means Caspian Services's Accounts Receivable declined by $1.21 Mil from Sep. 2014 to Sep. 2015 .

Caspian Services's Accounts Receivable for the quarter that ended in Jun. 2016 was $5.22 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. Caspian Services's Days Sales Outstanding for the three months ended in Jun. 2016 was 95.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Caspian Services's liquidation value for the three months ended in Jun. 2016 was $-111.53 Mil.

Caspian Services  (OTCPK:CSSV) 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.

Caspian Services's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.22/5.011*91
=95.06

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

Caspian Services's liquidation value for the quarter that ended in Jun. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.229-117.034+0.75 * 5.22+0.5 * 0.721
=-111.53

* 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.

Caspian Services Change In Receivables Related Terms

Caspian Services Change In Receivables Historical Data

* Premium members only.

The historical data trend for Caspian Services'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.

Caspian Services Change In Receivables Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 8.76 -3.60 1.51 1.21

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -1.83 -1.34 0.29 1.51 -2.38

Caspian Services 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 Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.91 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 $-1.91 Mil mean?
Caspian Services (CSSV) has a Change In Receivables of $-1.91 Mil as of Jun. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Caspian Services and its competitors.
Is Caspian Services' Change In Receivables too high?
Caspian Services' current Change In Receivables is $-1.91 Mil.
How does Caspian Services' Change In Receivables compare to GLRI and TIRTZ?
Caspian Services' Change In Receivables of $-1.91 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Caspian Services and its competitors. Caspian Services's current Change In Receivables is $-1.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspian Services stock overvalued right now?
Caspian Services (CSSV) has a current Change In Receivables of $-1.91 Mil. The current Change In Receivables is $-1.91 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 Caspian Services (CSSV), the current Change In Receivables is $-1.91 Mil as of Jun. 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.

Caspian Services Business Description

Industry EnergyOil & Gas
Address 2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.