FTWS (Flitways Technology) Change In Receivables: $0.01 Mil (TTM As of Mar. 2019)

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What is Flitways Technology Change In Receivables?

Flitways Technology FTWS -90.00% Change In Receivables is $0.01 Mil as of Mar. 2019.

Flitways Technology's change in receivables for the quarter that ended in Mar. 2019 was $-0.01 Mil. It means Flitways Technology's Accounts Receivable increased by $0.01 Mil from Dec. 2018 to Mar. 2019 .

Flitways Technology's change in receivables for the fiscal year that ended in Dec. 2018 was $0.01 Mil. It means Flitways Technology's Accounts Receivable declined by $0.01 Mil from Dec. 2017 to Dec. 2018 .

Flitways Technology's Accounts Receivable for the quarter that ended in Mar. 2019 was $0.10 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. Flitways Technology's Days Sales Outstanding for the three months ended in Mar. 2019 was 387.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Flitways Technology's liquidation value for the three months ended in Mar. 2019 was $-7.96 Mil.

Flitways Technology  (OTCPK:FTWS) 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.

Flitways Technology's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.102/0.024*91
=387.81

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

Flitways Technology's liquidation value for the quarter that ended in Mar. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.004-8.039+0.75 * 0.102+0.5 * 0
=-7.96

* 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.

Flitways Technology Change In Receivables Related Terms

Flitways Technology Change In Receivables Historical Data

* Premium members only.

The historical data trend for Flitways Technology'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.

Flitways Technology Change In Receivables Chart

Flitways Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Receivables
Get a 7-Day Free Trial 0.00 -0.01 -0.00 -0.10 0.01

Flitways Technology Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Sep19
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 0.02 0.01 -0.01 -0.01 0.00

Flitways Technology 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 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 $0.01 Mil mean?
Flitways Technology (FTWS) has a Change In Receivables of $0.01 Mil as of Mar. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Flitways Technology and its competitors.
Is Flitways Technology's Change In Receivables too high?
Flitways Technology's current Change In Receivables is $0.01 Mil.
How does Flitways Technology's Change In Receivables compare to MPAY and YPPN?
Flitways Technology's Change In Receivables of $0.01 Mil can be compared against companies in the Software 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 a Software company?
A good Change In Receivables depends on the Software 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 Flitways Technology and its competitors. Flitways Technology's current Change In Receivables is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flitways Technology stock overvalued right now?
Flitways Technology (FTWS) has a current Change In Receivables of $0.01 Mil. The current Change In Receivables is $0.01 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 Flitways Technology (FTWS), the current Change In Receivables is $0.01 Mil as of Mar. 2019. 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.

Flitways Technology Business Description

Address 600 Corporate Pointe, Suite 5500, Culver City, CA, USA, 90230
Flitways Technology Inc is engaged in the business of transportation. Its main mission is to provide both corporate enterprises and their employees and travel resellers and their customers with a complete offering of fully integrated ground transportation solutions for any budget or need. Further, the company has created a software platform to give customers enterprise suite and app-based booking, billing, expense management and real-time monitoring for a simple to use ground transportation offering. It has one operating segment that is on-demand transportation business.