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

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What is Excel Change In Receivables?

Excel EXCC -99.00% Change In Receivables is $0.21 Mil as of Jun. 2017.

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  (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

* 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.

Excel Change In Receivables Related Terms

Excel Change In Receivables Historical Data

* Premium members only.

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.

Excel Change In Receivables Chart

Excel Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial -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 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 -0.33 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.

* 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 $0.21 Mil mean?
Excel (EXCC) has a Change In Receivables of $0.21 Mil as of Jun. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Excel and its competitors.
Is Excel's Change In Receivables too high?
Excel's current Change In Receivables is $0.21 Mil.
How does Excel's Change In Receivables compare to ITRK?
Excel's Change In Receivables of $0.21 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 Excel and its competitors. Excel's current Change In Receivables is $0.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel stock overvalued right now?
Excel (EXCC) has a current Change In Receivables of $0.21 Mil. The current Change In Receivables is $0.21 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 Excel (EXCC), the current Change In Receivables is $0.21 Mil as of Jun. 2017. 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.

Excel Business Description

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