China TMK Battery Systems (China TMK Battery Systems) Change In Receivables : $-8.14 Mil (TTM As of Sep. 2011)

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What is China TMK Battery Systems Change In Receivables?

China TMK Battery Systems's change in receivables for the quarter that ended in Sep. 2011 was $-1.47 Mil. It means China TMK Battery Systems's Accounts Receivable increased by $1.47 Mil from Jun. 2011 to Sep. 2011 .

China TMK Battery Systems's change in receivables for the fiscal year that ended in Dec. 2010 was $-9.02 Mil. It means China TMK Battery Systems's Accounts Receivable increased by $9.02 Mil from Sep. 2009 to Dec. 2010 .

China TMK Battery Systems's Accounts Receivable for the quarter that ended in Sep. 2011 was $16.58 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. China TMK Battery Systems's Days Sales Outstanding for the three months ended in Sep. 2011 was 59.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China TMK Battery Systems's liquidation value for the three months ended in Sep. 2011 was $-17.46 Mil.

China TMK Battery Systems Change In Receivables Historical Data

The historical data trend for China TMK Battery Systems'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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China TMK Battery Systems Change In Receivables Chart

China TMK Battery Systems Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Dec10

Change In Receivables

-9.02

China TMK Battery Systems Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Change In Receivables	Get a 7-Day Free Trial															-0.59	-4.31	-1.53	-0.83	-1.47

China TMK Battery Systems 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.14 Mil.

China TMK Battery Systems (OTCPK:DFEL) 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.

China TMK Battery Systems's Days Sales Outstanding for the quarter that ended in Sep. 2011 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.579	/	25.373	*	91
=	59.62

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

China TMK Battery Systems's liquidation value for the quarter that ended in Sep. 2011 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.792	-	46.556	+	0.75 * 16.579	+	0.5 * 11.746
=	-17.46

China TMK Battery Systems Change In Receivables Related Terms

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China TMK Battery Systems (China TMK Battery Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China TMK Battery Systems Inc (OTCPK:DFEL) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390

Website

https://www.tmk-battery.com

China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

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