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Elektros (Elektros) Change In Receivables : $2.94 Mil (TTM As of Nov. 2018)


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What is Elektros Change In Receivables?

Elektros's change in receivables for the quarter that ended in Nov. 2018 was $0.51 Mil. It means Elektros's Accounts Receivable declined by $0.51 Mil from Aug. 2018 to Nov. 2018 .

Elektros's change in receivables for the fiscal year that ended in May. 2018 was $3.41 Mil. It means Elektros's Accounts Receivable declined by $3.41 Mil from May. 2017 to May. 2018 .

Elektros's Accounts Receivable for the quarter that ended in Nov. 2018 was $1.04 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. Elektros's Days Sales Outstanding for the three months ended in Nov. 2018 was 25.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elektros's liquidation value for the three months ended in Nov. 2018 was $3.97 Mil.


Elektros Change In Receivables Historical Data

The historical data trend for Elektros'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.

* Premium members only.

Elektros Change In Receivables Chart

Elektros Annual Data
Trend Apr12 May13 May14 May15 May16 May17 May18
Change In Receivables
Get a 7-Day Free Trial - 0.20 -10.08 3.92 3.41

Elektros Quarterly Data
Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
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 1.09 0.70 0.56 1.16 0.51

Elektros 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 Nov. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.94 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.


Elektros  (OTCPK:ELEK) 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.

Elektros's Days Sales Outstanding for the quarter that ended in Nov. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.037/3.781*91
=25.03

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

Elektros's liquidation value for the quarter that ended in Nov. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=22.779-19.594+0.75 * 1.037+0.5 * 0.023
=3.97

* 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.


Elektros Change In Receivables Related Terms

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Elektros (Elektros) Business Description

Traded in Other Exchanges
N/A
Address
16950 North Bay Road, Suite 1803, Sunny Isles Beach, FL, USA, 33160
Elektros Inc is an American Electric Vehicle company that innovates mobility solutions for consumers and businesses.