Excel (EXCC) Change In Receivables : $0.21 Mil (TTM As of Jun. 2017)

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What is Excel Change In Receivables?

Excel's change in receivables for the quarter that ended in Jun. 2017 was $-0.01 Mil. It means Excel's Accounts Receivable increased by $0.01 Mil from Mar. 2017 to Jun. 2017 .

Excel's change in receivables for the fiscal year that ended in Dec. 2016 was $-0.06 Mil. It means Excel's Accounts Receivable increased by $0.06 Mil from Dec. 2015 to Dec. 2016 .

Excel's Accounts Receivable for the quarter that ended in Jun. 2017 was $1.11 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. Excel's Days Sales Outstanding for the three months ended in Jun. 2017 was 24.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Excel's liquidation value for the three months ended in Jun. 2017 was $-13.84 Mil.

Excel Change In Receivables Historical Data

The historical data trend for Excel'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.

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Excel Change In Receivables Chart

Excel Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Change In Receivables

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-0.01

0.01

-0.15

-0.33

-0.06

Excel Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Change In Receivables	Get a 7-Day Free Trial															-0.33	0.18	-0.09	0.13	-0.01

Excel 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.21 Mil.

Excel (OTCPK:EXCC) 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.

Excel's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.106	/	4.169	*	91
=	24.21

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

Excel's liquidation value for the quarter that ended in Jun. 2017 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.382	-	15.051	+	0.75 * 1.106	+	0.5 * 0
=	-13.84

Excel Change In Receivables Related Terms

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Excel (EXCC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Excel Corp (OTCPK:EXCC) » Definitions » Change In Receivables

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Address

6363 North State Highway 161, Suite 310, Irving, TX, USA, 75038

Website

http://www.excelcorpusa.com

Excel Corp provides financial and transaction processing services to small and medium-sized businesses throughout the United States. Its primary operations focus on the merchant processing and servicing business as a single source provider for virtually all types of merchant payment processing needs. Through its subsidiary it offers merchant account processing solutions, together with the latest physical site and cloud-based technologies, designed to meet the needs of each industry segment the company services, and offer a variety of credit, debit, gift, and loyalty card processing options and equipment to scale with the distinctive business plans of each client. Geographically activities are performed through Denmark, US.

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