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Cuisine Solutions (Cuisine Solutions) Change In Receivables : $0.09 Mil (TTM As of Mar. 2009)


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What is Cuisine Solutions Change In Receivables?

Cuisine Solutions's change in receivables for the quarter that ended in Mar. 2009 was $0.29 Mil. It means Cuisine Solutions's Accounts Receivable declined by $0.29 Mil from Dec. 2008 to Mar. 2009 .

Cuisine Solutions's change in receivables for the fiscal year that ended in Jun. 2008 was $-1.85 Mil. It means Cuisine Solutions's Accounts Receivable increased by $1.85 Mil from Jun. 2007 to Jun. 2008 .

Cuisine Solutions's Accounts Receivable for the quarter that ended in Mar. 2009 was $8.31 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. Cuisine Solutions's Days Sales Outstanding for the three months ended in Mar. 2009 was 35.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cuisine Solutions's liquidation value for the three months ended in Mar. 2009 was $-2.94 Mil.

Cuisine Solutions Change In Receivables Historical Data

The historical data trend for Cuisine Solutions'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.

* Premium members only.

Cuisine Solutions Change In Receivables Chart

Cuisine Solutions Annual Data
Trend Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.90 -0.48 -1.71 -0.02 -1.85

Cuisine Solutions Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 1.57 -0.10 0.72 -0.82 0.29

Cuisine Solutions 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 Mar. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09 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.

Cuisine Solutions  (OTCPK:CUSI) 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.

Cuisine Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.305/21.415*91
=35.39

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

Cuisine Solutions's liquidation value for the quarter that ended in Mar. 2009 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.825-14.922+0.75 * 8.305+0.5 * 9.855
=-2.94

* 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.

Cuisine Solutions Change In Receivables Related Terms

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Cuisine Solutions (Cuisine Solutions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cuisine Solutions Inc (OTCPK:CUSI) » Definitions » Change In Receivables
Comparable Companies
SGX:D03 TPE:1219 OISE:ICESEA TSE:7475 HKSE:01068 TSE:2904 TSE:2830 BOM:500215 TSE:2922 ATH:KRI XKRX:136480 XKLS:5024 TSE:2009 HKSE:00809 XBRU:TERB XZIM:DZL.ZW NSA:FMNL KAR:NATF BOM:519588 XKRX:220630
Traded in Other Exchanges
N/A
Address
22445 Sous Vide Lane, Unit 100, Sterling, VA, USA, 20166
Website
http://www.cuisinesolutions.com
Cuisine Solutions Inc is a United States-based company engaged in the business of production and marketing of fully-cooked, frozen and prepared foods to different channels and geographic regions. The company's food product portfolio includes poultry, sauces, seafood, lamb, pork, veal, beef and other items.
Executives
Yuyun Tristan Kuo officer: CFO, Treasurer, and Secretary 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312