EKSN (Erickson) Change In Receivables: $6.3 Mil (TTM As of Jun. 2016)

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What is Erickson Change In Receivables?

Erickson EKSN Change In Receivables is $6.3 Mil as of Jun. 2016.

Erickson's change in receivables for the quarter that ended in Jun. 2016 was $-6.9 Mil. It means Erickson's Accounts Receivable increased by $6.9 Mil from Mar. 2016 to Jun. 2016 .

Erickson's change in receivables for the fiscal year that ended in Dec. 2015 was $3.0 Mil. It means Erickson's Accounts Receivable declined by $3.0 Mil from Dec. 2014 to Dec. 2015 .

Erickson's Accounts Receivable for the quarter that ended in Jun. 2016 was $39.6 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. Erickson's Days Sales Outstanding for the three months ended in Jun. 2016 was 71.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Erickson's liquidation value for the three months ended in Jun. 2016 was $-524.8 Mil.

Erickson  (OTCPK:EKSN) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.603/50.838*91
=71.08

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

Erickson'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)
=3.283-557.835+0.75 * 39.603+0.5 * 0
=-524.8

* 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.

Erickson Change In Receivables Related Terms

Erickson Change In Receivables Historical Data

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The historical data trend for Erickson'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.

Erickson Change In Receivables Chart

Erickson Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Change In Receivables
Get a 7-Day Free Trial -5.90 2.88 -20.99 19.72 3.00

Erickson 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 3.39 -7.18 14.58 5.75 -6.86

Erickson 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 $6.3 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 $6.3 Mil mean?
Erickson (EKSN) has a Change In Receivables of $6.3 Mil as of Jun. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Erickson and its competitors.
Is Erickson's Change In Receivables too high?
Erickson's current Change In Receivables is $6.3 Mil.
How does Erickson's Change In Receivables compare to ?
Erickson's Change In Receivables of $6.3 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Change In Receivables depends on the Aerospace & Defense 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 Erickson and its competitors. Erickson's current Change In Receivables is $6.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erickson stock overvalued right now?
Erickson (EKSN) has a current Change In Receivables of $6.3 Mil. The current Change In Receivables is $6.3 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 Erickson (EKSN), the current Change In Receivables is $6.3 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.

Erickson Business Description

Comparable Companies
Address 3100 Willow Springs Road, Central Point, OR, USA, 97239
Erickson Inc owns and operates a diverse fleet of aircraft. The company offers support and maintenance, repair, remanufacture and related overhaul services to Aircrane and other aircrafts. In addition, the company leases aircrafts for specific missions. Geographically the activities are carried out through the region of United States.