Forum Mobile (Forum Mobile) Change In Receivables : $-0.06 Mil (TTM As of Jun. 2006)

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What is Forum Mobile Change In Receivables?

Forum Mobile's change in receivables for the quarter that ended in Jun. 2006 was $0.61 Mil. It means Forum Mobile's Accounts Receivable declined by $0.61 Mil from Mar. 2006 to Jun. 2006 .

Forum Mobile's change in receivables for the fiscal year that ended in Dec. 2005 was $-0.68 Mil. It means Forum Mobile's Accounts Receivable increased by $0.68 Mil from Dec. 2004 to Dec. 2005 .

Forum Mobile's Accounts Receivable for the quarter that ended in Jun. 2006 was $3.12 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. Forum Mobile's Days Sales Outstanding for the three months ended in Jun. 2006 was 49.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Forum Mobile's liquidation value for the three months ended in Jun. 2006 was $-18.64 Mil.

Forum Mobile Change In Receivables Historical Data

The historical data trend for Forum Mobile'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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Forum Mobile Change In Receivables Chart

Forum Mobile Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Change In Receivables

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0.27

0.47

0.25

-0.68

Forum Mobile Quarterly Data
	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06
Change In Receivables	Get a 7-Day Free Trial															0.86	-0.68	-1.00	1.00	0.61

Forum Mobile 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. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 Mil.

Forum Mobile (OTCPK:FRMB) 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.

Forum Mobile's Days Sales Outstanding for the quarter that ended in Jun. 2006 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.12	/	5.786	*	91
=	49.20

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

Forum Mobile's liquidation value for the quarter that ended in Jun. 2006 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.007	-	21.807	+	0.75 * 3.12	+	0.5 * 1.643
=	-18.64

Forum Mobile Change In Receivables Related Terms

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Forum Mobile (Forum Mobile) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Forum Mobile Inc (OTCPK:FRMB) » Definitions » Change In Receivables

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Address

26 Broadway, 21st Floor, New York, NY, USA, 10004

Website

http://www.forum-mobile.com

Forum Mobile Inc is a global Mobile Virtual Network Enabler (MVNE) based in the USA. It specializes in MVNE, Mobile Services, Telecom, and cloud services. The company is active in a variety of complimentary fields such as private banking, business development and consulting and provides hosting and trading platforms. Geographically the business activities are operated through United States.

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