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

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Cuisine Solutions Change In Receivables?

Cuisine Solutions CUSI +2.50% Change In Receivables is $0.09 Mil as of Mar. 2009.

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  (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

Cuisine Solutions Change In Receivables Historical Data

* Premium members only.

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.

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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.09 Mil mean?
Cuisine Solutions (CUSI) has a Change In Receivables of $0.09 Mil as of Mar. 2009. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Cuisine Solutions and its competitors.
Is Cuisine Solutions' Change In Receivables too high?
Cuisine Solutions' current Change In Receivables is $0.09 Mil.
How does Cuisine Solutions' Change In Receivables compare to competitors?
Cuisine Solutions' Change In Receivables of $0.09 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 Cuisine Solutions and its competitors. Cuisine Solutions's current Change In Receivables is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cuisine Solutions stock overvalued right now?
Cuisine Solutions (CUSI) has a current Change In Receivables of $0.09 Mil. The current Change In Receivables is $0.09 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 Cuisine Solutions (CUSI), the current Change In Receivables is $0.09 Mil as of Mar. 2009. 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.

Cuisine Solutions Business Description

Address 22445 Sous Vide Lane, Unit 100, Sterling, VA, USA, 20166
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.