ELCO (Elcom International) Change In Receivables: $0.65 Mil (TTM As of Jun. 2008)

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What is Elcom International Change In Receivables?

Elcom International ELCO Change In Receivables is $0.65 Mil as of Jun. 2008.

Elcom International's change in receivables for the quarter that ended in Jun. 2008 was $0.15 Mil. It means Elcom International's Accounts Receivable declined by $0.15 Mil from Mar. 2008 to Jun. 2008 .

Elcom International's change in receivables for the fiscal year that ended in Dec. 2007 was $-1.05 Mil. It means Elcom International's Accounts Receivable increased by $1.05 Mil from Dec. 2006 to Dec. 2007 .

Elcom International's Accounts Receivable for the quarter that ended in Jun. 2008 was $0.54 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. Elcom International's Days Sales Outstanding for the three months ended in Jun. 2008 was 28.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elcom International's liquidation value for the three months ended in Jun. 2008 was $-2.95 Mil.

Elcom International  (OTCPK:ELCO) 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.

Elcom International's Days Sales Outstanding for the quarter that ended in Jun. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.539/1.7*91
=28.93

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

Elcom International's liquidation value for the quarter that ended in Jun. 2008 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.578-4.934+0.75 * 0.539+0.5 * 0
=-2.95

* 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.

Elcom International Change In Receivables Related Terms

Elcom International Change In Receivables Historical Data

* Premium members only.

The historical data trend for Elcom International'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.

Elcom International Change In Receivables Chart

Elcom International Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 0.71 -0.20 -0.15 -1.05

Elcom International Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 -0.02 0.25 -0.79 1.04 0.15

Elcom International 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.65 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 $0.65 Mil mean?
Elcom International (ELCO) has a Change In Receivables of $0.65 Mil as of Jun. 2008. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Elcom International and its competitors.
Is Elcom International's Change In Receivables too high?
Elcom International's current Change In Receivables is $0.65 Mil.
How does Elcom International's Change In Receivables compare to BVSN and CLCI?
Elcom International's Change In Receivables of $0.65 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Elcom International and its competitors. Elcom International's current Change In Receivables is $0.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elcom International stock overvalued right now?
Elcom International (ELCO) has a current Change In Receivables of $0.65 Mil. The current Change In Receivables is $0.65 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 Elcom International (ELCO), the current Change In Receivables is $0.65 Mil as of Jun. 2008. 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.

Elcom International Business Description

Address 300 Granite Street, Suite 412, Braintree, MA, USA, 02184
Elcom International Inc develops and licenses proprietary software systems that enable users to buy and sell merchandise through computer networks. The company's Personal Electronic Commerce Online System is software that enables clients to automate procurement functions, such as pricing, invoicing, and payment. In addition, users can create electronic marketplaces to conduct online transactions with both suppliers and distributors. PECOS is offered as both licensed software and as a hosted application.