FCUV (Focus Universal) Change In Receivables : $-0.12 Mil (TTM As of Sep. 2024)

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What is Focus Universal Change In Receivables?

Focus Universal's change in receivables for the quarter that ended in Sep. 2024 was $-0.08 Mil. It means Focus Universal's Accounts Receivable increased by $0.08 Mil from Jun. 2024 to Sep. 2024 .

Focus Universal's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.10 Mil. It means Focus Universal's Accounts Receivable increased by $0.10 Mil from Dec. 2022 to Dec. 2023 .

Focus Universal's Accounts Receivable for the quarter that ended in Sep. 2024 was $0.00 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. Focus Universal's Days Sales Outstanding for the three months ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Focus Universal's liquidation value for the three months ended in Sep. 2024 was $4.82 Mil.

Focus Universal Change In Receivables Historical Data

The historical data trend for Focus Universal'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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Focus Universal Change In Receivables Chart

Focus Universal Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.14

-0.08

-0.06

-0.04

-0.10

Focus Universal Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															0.04	-0.15	0.09	0.01	-0.08

Focus Universal 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 Mil.

Focus Universal (NAS:FCUV) 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.

Focus Universal's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.074	*	91
=	0.00

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

Focus Universal's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.368	-	0.785	+	0.75 * 0	+	0.5 * 0.479
=	4.82

Focus Universal Change In Receivables Related Terms

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Focus Universal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Focus Universal Inc (NAS:FCUV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

2311 East Locust Court, Ontario, CA, USA, 91761

Website

https://www.focusuniversal.com

Focus Universal Inc develops and manufactures universal smart devices. Its product portfolio includes Universal Smart Instrumentation Platform, Ubiquitor, Universal Smart Controller, and Sensors. The company also supplies various air filtration systems. The Company consists of three types of operations- Focus and Focus Shenzhen (Corporate), Perfecular and Lusher (IoT Products), and AVX (IoT Installation Services). The majority of revenue is generated from IoT Installation Services. IoT Installation Services segment is an IoT installation and management company specializing in high-performance and easy-to-use audio/video, home theater, lighting control, automation, and integration.

Executives

Edward Shihai Lee	director, 10 percent owner, officer: President	2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Desheng Wang	director, 10 percent owner, officer: CEO and Secretary	140 SOUTH ROOSEVELT AVENUE, PASADENA CA 91107
Sheri Lofgren	director	C/O LOGICAL CHOICE CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Michael Ross Pope	director	1045 PROGRESS CIRCLE, LAWRENCEVILLE, GEORGIA GA 30043
Gregory S Butterfield	director	3301 N. THANKSGIVING WAY, SUITE 500, LEHI UT 84043
Carine S. Clark	director	772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Duncan Lee	officer: Chief Financial Officer	20511 EAST WALNUT DRIVE NORTH, WALNUT CA 91789
Jennifer Lingjie Gu	director, 10 percent owner	2501 CROW FOOT LANE, DIAMOND BAR CA 91748