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FONU2 (FONU) Change In Receivables : $0.00 Mil (TTM As of Sep. 2015)


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What is FONU2 Change In Receivables?

FONU2's change in receivables for the quarter that ended in Sep. 2015 was $0.00 Mil. It means FONU2's Accounts Receivable stayed the same from Jun. 2015 to Sep. 2015 .

FONU2's change in receivables for the fiscal year that ended in Sep. 2015 was $0.00 Mil. It means FONU2's Accounts Receivable stayed the same from Sep. 2014 to Sep. 2015 .

FONU2's Accounts Receivable for the quarter that ended in Sep. 2015 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. FONU2's Days Sales Outstanding for the three months ended in Sep. 2015 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. FONU2's liquidation value for the three months ended in Sep. 2015 was $-9.21 Mil.

FONU2 Change In Receivables Historical Data

The historical data trend for FONU2'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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FONU2 Change In Receivables Chart

FONU2 Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep13 Sep14 Sep15
Change In Receivables
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FONU2 Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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FONU2 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.

FONU2  (OTCPK:FONU) 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.

FONU2's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.019*91
=0.00

2. In Ben Graham's calculation of liquidation value, FONU2's accounts receivable are only considered to be worth 75% of book value:

FONU2's liquidation value for the quarter that ended in Sep. 2015 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.002-9.214+0.75 * 0+0.5 * 0
=-9.21

* 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.

FONU2 Change In Receivables Related Terms

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FONU2 (FONU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FONU2 Inc (OTCPK:FONU) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
5112 West Taft Road, Suite M, Liverpool, NY, USA, 13088
Website
https://www.fonuinc.com
FONU2 Inc is in the process of restructuring its business and will move in a new direction to focus on any one of the following sectors; hospitality, real estate development, mining and minerals, green technology, retail, warehousing, and logistics.