Futuris Co (Futuris Co) Change In Receivables : $-0.79 Mil (TTM As of Jul. 2020)

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What is Futuris Co Change In Receivables?

Futuris Co's change in receivables for the quarter that ended in Jul. 2020 was $-0.79 Mil. It means Futuris Co's Accounts Receivable increased by $0.79 Mil from Mar. 2004 to Jul. 2020 .

Futuris Co's change in receivables for the fiscal year that ended in Jul. 2020 was $-0.79 Mil. It means Futuris Co's Accounts Receivable increased by $0.79 Mil from Mar. 2004 to Jul. 2020 .

Futuris Co's Accounts Receivable for the quarter that ended in Jul. 2020 was $0.79 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. Futuris Co's Days Sales Outstanding for the six months ended in Jul. 2020 was 138.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Futuris Co's liquidation value for the six months ended in Jul. 2020 was $-3.56 Mil.

Futuris Co Change In Receivables Historical Data

The historical data trend for Futuris Co'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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Futuris Co Change In Receivables Chart

Futuris Co Annual Data

Trend

Mar99

Mar00

Mar01

Mar02

Mar03

Mar04

Jul20

Change In Receivables

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0.42

-0.79

Futuris Co Semi-Annual Data
	Mar99	Mar00	Mar01	Mar02	Mar03	Mar04	Jul20
Change In Receivables	Get a 7-Day Free Trial			0.42	-	-	-	-0.79

Futuris Co 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jul. 2020 was $-0.79 Mil.

Futuris Co (OTCPK:FTRS) 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.

Futuris Co's Days Sales Outstanding for the quarter that ended in Jul. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.791	/	1.042	*	91
=	138.54

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

Futuris Co's liquidation value for the quarter that ended in Jul. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.179	-	4.335	+	0.75 * 0.791	+	0.5 * 0
=	-3.56

Futuris Co Change In Receivables Related Terms

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Futuris Co (Futuris Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Futuris Co (OTCPK:FTRS) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

22 Baltimore Road, Rockville, MD, USA, 20850

Website

https://www.futuris.company

Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.