ENCC (Encompass Compliance) Change In Receivables: $-0.75 Mil (TTM As of Sep. 2004)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Encompass Compliance Change In Receivables?

Encompass Compliance ENCC Change In Receivables is $-0.75 Mil as of Sep. 2004.

Encompass Compliance's change in receivables for the quarter that ended in Sep. 2004 was $0.51 Mil. It means Encompass Compliance's Accounts Receivable declined by $0.51 Mil from Jun. 2004 to Sep. 2004 .

Encompass Compliance's change in receivables for the fiscal year that ended in Dec. 2003 was $0.03 Mil. It means Encompass Compliance's Accounts Receivable declined by $0.03 Mil from . 20 to Dec. 2003 .

Encompass Compliance's Accounts Receivable for the quarter that ended in Sep. 2004 was $0.48 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. Encompass Compliance's Days Sales Outstanding for the three months ended in Sep. 2004 was 111.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Encompass Compliance's liquidation value for the three months ended in Sep. 2004 was $-27.55 Mil.

Encompass Compliance  (OTCPK:ENCC) 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.

Encompass Compliance's Days Sales Outstanding for the quarter that ended in Sep. 2004 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.481/0.394*91
=111.40

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

Encompass Compliance's liquidation value for the quarter that ended in Sep. 2004 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.084-28.121+0.75 * 0.481+0.5 * 0.251
=-27.55

* 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.

Encompass Compliance Change In Receivables Related Terms

Encompass Compliance Change In Receivables Historical Data

* Premium members only.

The historical data trend for Encompass Compliance'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.

Encompass Compliance Change In Receivables Chart

Encompass Compliance Annual Data
Trend Dec03
Change In Receivables
0.03

Encompass Compliance Quarterly Data
Dec03 Mar04 Jun04 Sep04
Change In Receivables 0.00 -1.45 0.19 0.51

Encompass Compliance 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. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.75 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 $-0.75 Mil mean?
Encompass Compliance (ENCC) has a Change In Receivables of $-0.75 Mil as of Sep. 2004. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Encompass Compliance and its competitors.
Is Encompass Compliance's Change In Receivables too high?
Encompass Compliance's current Change In Receivables is $-0.75 Mil.
How does Encompass Compliance's Change In Receivables compare to IVFZF?
Encompass Compliance's Change In Receivables of $-0.75 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Change In Receivables depends on the Diversified Financial Services 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 Encompass Compliance and its competitors. Encompass Compliance's current Change In Receivables is $-0.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Encompass Compliance stock overvalued right now?
Encompass Compliance (ENCC) has a current Change In Receivables of $-0.75 Mil. The current Change In Receivables is $-0.75 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 Encompass Compliance (ENCC), the current Change In Receivables is $-0.75 Mil as of Sep. 2004. 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.

Encompass Compliance Business Description