FSCR (Federal Screw Works) Change In Receivables: $-0.77 Mil (TTM As of Dec. 2004)


What is Federal Screw Works Change In Receivables?

Federal Screw Works FSCR Change In Receivables is $-0.77 Mil as of Dec. 2004.

Federal Screw Works's change in receivables for the quarter that ended in Dec. 2004 was $1.71 Mil. It means Federal Screw Works's Accounts Receivable declined by $1.71 Mil from Sep. 2004 to Dec. 2004 .

Federal Screw Works's change in receivables for the fiscal year that ended in Jun. 2004 was $-1.15 Mil. It means Federal Screw Works's Accounts Receivable increased by $1.15 Mil from Jun. 2003 to Jun. 2004 .

Federal Screw Works's Accounts Receivable for the quarter that ended in Dec. 2004 was $13.46 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. Federal Screw Works's Days Sales Outstanding for the three months ended in Dec. 2004 was 60.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Federal Screw Works's liquidation value for the three months ended in Dec. 2004 was $-32.99 Mil.

Federal Screw Works  (OTCPK:FSCR) 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.

Federal Screw Works's Days Sales Outstanding for the quarter that ended in Dec. 2004 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.461/20.455*91
=60.05

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

Federal Screw Works's liquidation value for the quarter that ended in Dec. 2004 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.142-51.846+0.75 * 13.461+0.5 * 17.233
=-32.99

* 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.

Federal Screw Works Change In Receivables Related Terms

Federal Screw Works Change In Receivables Historical Data

* Premium members only.

The historical data trend for Federal Screw Works'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.

Federal Screw Works Change In Receivables Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.23 3.13 -1.14 0.87 -1.15

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 1.54 -3.60 1.05 0.07 1.71

Federal Screw Works 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 Dec. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.77 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 $-0.77 Mil mean?
Federal Screw Works (FSCR) has a Change In Receivables of $-0.77 Mil as of Dec. 2004. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Federal Screw Works and its competitors.
Is Federal Screw Works' Change In Receivables too high?
Federal Screw Works' current Change In Receivables is $-0.77 Mil.
How does Federal Screw Works' Change In Receivables compare to PAOS and PFIN?
Federal Screw Works' Change In Receivables of $-0.77 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Federal Screw Works and its competitors. Federal Screw Works's current Change In Receivables is $-0.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Screw Works stock overvalued right now?
Federal Screw Works (FSCR) has a current Change In Receivables of $-0.77 Mil. The current Change In Receivables is $-0.77 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 Federal Screw Works (FSCR), the current Change In Receivables is $-0.77 Mil as of Dec. 2004. 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.

Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.