ECXJ (CXJ Group Co) Change In Receivables: $0.57 Mil (TTM As of Feb. 2011)

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What is CXJ Group Co Change In Receivables?

CXJ Group Co ECXJ Change In Receivables is $0.57 Mil as of Feb. 2011.

CXJ Group Co's change in receivables for the quarter that ended in Feb. 2011 was $-0.12 Mil. It means CXJ Group Co's Accounts Receivable increased by $0.12 Mil from Nov. 2010 to Feb. 2011 .

CXJ Group Co's change in receivables for the fiscal year that ended in May. 2010 was $0.36 Mil. It means CXJ Group Co's Accounts Receivable declined by $0.36 Mil from May. 2009 to May. 2010 .

CXJ Group Co's Accounts Receivable for the quarter that ended in Feb. 2011 was $1.12 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. CXJ Group Co's Days Sales Outstanding for the three months ended in Feb. 2011 was 65.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CXJ Group Co's liquidation value for the three months ended in Feb. 2011 was $-1.95 Mil.

CXJ Group Co  (OTCPK:ECXJ) 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.

CXJ Group Co's Days Sales Outstanding for the quarter that ended in Feb. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.117/1.561*91
=65.30

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

CXJ Group Co's liquidation value for the quarter that ended in Feb. 2011 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.523-3.315+0.75 * 1.117+0.5 * 0
=-1.95

* 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.

CXJ Group Co Change In Receivables Related Terms

CXJ Group Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for CXJ Group Co'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.

CXJ Group Co Change In Receivables Chart

CXJ Group Co Annual Data
Trend May03 May04 May05 May06 May07 May08 May09 May10
Change In Receivables
Get a 7-Day Free Trial -2.75 2.50 1.87 -1.63 0.36

CXJ Group Co Quarterly Data
May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 0.91 0.84 -0.24 0.09 -0.12

CXJ Group Co 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 Feb. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.57 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 $0.57 Mil mean?
CXJ Group Co (ECXJ) has a Change In Receivables of $0.57 Mil as of Feb. 2011. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for CXJ Group Co and its competitors.
Is CXJ Group Co's Change In Receivables too high?
CXJ Group Co's current Change In Receivables is $0.57 Mil.
How does CXJ Group Co's Change In Receivables compare to HAS and POOL?
CXJ Group Co's Change In Receivables of $0.57 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical 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 CXJ Group Co and its competitors. CXJ Group Co's current Change In Receivables is $0.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CXJ Group Co stock overvalued right now?
CXJ Group Co (ECXJ) has a current Change In Receivables of $0.57 Mil. The current Change In Receivables is $0.57 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 CXJ Group Co (ECXJ), the current Change In Receivables is $0.57 Mil as of Feb. 2011. 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.

CXJ Group Co Business Description

Address Xintiandi Business Center, No. 7 Anqiaogang Road, Room 401, 4th Floor, East Block Building 5, Gongshu District, Zhejiang Province, Hangzhou City, CHN, 310017
CXJ Group Co Ltd is engaged in the wholesale of automobile aftermarket products and provision of auto detailing store consultancy services. It operates through sales of automobile aftermarket products, authorization fees on its brand name Chejiangling / Teenage Hero Car, and consultancy services for auto detailing stores, including professional training, store standardization, employee training, and ERP system services for information management and operations. Its segments include Brand Name Management Fees and Services, which generate maximum revenue by providing the brand name Chejiangling / Teenage Hero Car to customers, who are authorized to operate their workshops under the Chejiangling / Teenage Hero Car brand name; Motor Oil & Auto Parts; and Exhaust Gas Cleaner and Others.