Firemans Contractors (Firemans Contractors) Change In Receivables : $0.07 Mil (TTM As of Mar. 2014)

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What is Firemans Contractors Change In Receivables?

Firemans Contractors's change in receivables for the quarter that ended in Mar. 2014 was $-0.08 Mil. It means Firemans Contractors's Accounts Receivable increased by $0.08 Mil from Dec. 2013 to Mar. 2014 .

Firemans Contractors's change in receivables for the fiscal year that ended in Jun. 2013 was $-0.10 Mil. It means Firemans Contractors's Accounts Receivable increased by $0.10 Mil from Jun. 2012 to Jun. 2013 .

Firemans Contractors's Accounts Receivable for the quarter that ended in Mar. 2014 was $0.08 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. Firemans Contractors's Days Sales Outstanding for the three months ended in Mar. 2014 was 33.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Firemans Contractors's liquidation value for the three months ended in Mar. 2014 was $-1.29 Mil.

Firemans Contractors Change In Receivables Historical Data

The historical data trend for Firemans Contractors'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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Firemans Contractors Change In Receivables Chart

Firemans Contractors Annual Data

Trend

Jun11

Jun12

Jun13

Change In Receivables

-0.15

0.09

-0.10

Firemans Contractors Quarterly Data
	Mar10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Change In Receivables	Get a 7-Day Free Trial											0.02	0.05	-0.02	0.12	-0.08

Firemans Contractors 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 Mar. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.07 Mil.

Firemans Contractors (OTCPK:FRCN) 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.

Firemans Contractors's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.082	/	0.221	*	91
=	33.86

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

Firemans Contractors's liquidation value for the quarter that ended in Mar. 2014 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.028	-	1.375	+	0.75 * 0.082	+	0.5 * 0
=	-1.29

Firemans Contractors Change In Receivables Related Terms

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Firemans Contractors (Firemans Contractors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Firemans Contractors Inc (OTCPK:FRCN) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

2313 E Loop 820 N, Fort Worth, TX, USA, 76118

Website

http://www.firemans-contractors.com

Firemans Contractors Inc is a full service painting company, focusing on residential, commercial and industrial parking lot striping, and parking lot maintenance services.

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