GME Innotainment (GME Innotainment) Change In Receivables : $0.20 Mil (TTM As of Sep. 2015)

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What is GME Innotainment Change In Receivables?

GME Innotainment's change in receivables for the quarter that ended in Sep. 2015 was $0.33 Mil. It means GME Innotainment's Accounts Receivable declined by $0.33 Mil from Jun. 2015 to Sep. 2015 .

GME Innotainment's change in receivables for the fiscal year that ended in Dec. 2014 was $0.19 Mil. It means GME Innotainment's Accounts Receivable declined by $0.19 Mil from Dec. 2013 to Dec. 2014 .

GME Innotainment's Accounts Receivable for the quarter that ended in Sep. 2015 was $0.37 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. GME Innotainment's Days Sales Outstanding for the three months ended in Sep. 2015 was 17.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GME Innotainment's liquidation value for the three months ended in Sep. 2015 was $-6.53 Mil.

GME Innotainment Change In Receivables Historical Data

The historical data trend for GME Innotainment'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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GME Innotainment Change In Receivables Chart

GME Innotainment Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Change In Receivables

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-0.28

-0.40

-0.02

-0.11

0.19

GME Innotainment Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Change In Receivables	Get a 7-Day Free Trial															-0.13	0.16	-0.01	-0.29	0.33

GME Innotainment 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.20 Mil.

GME Innotainment (OTCPK:GMEV) 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.

GME Innotainment's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.371	/	1.948	*	91
=	17.38

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

GME Innotainment's liquidation value for the quarter that ended in Sep. 2015 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.266	-	8.07	+	0.75 * 0.371	+	0.5 * 0
=	-6.53

GME Innotainment Change In Receivables Related Terms

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GME Innotainment (GME Innotainment) Business Description

Industry

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Traded in Other Exchanges

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Address

208 East 51st Street, Suite 170, New York, NY, USA, 10022

Website

https://www.srcorpgroup.com

GME Innotainment Inc is engaged in marketing, selling, and maintaining a patented water purification and filtration system. The company's target markets include agriculture, aquaculture, disaster response and relief, emergency preparedness, laundry services, energy, food and beverage, healthcare, industrial, marine, mining municipal and government, non-government organizations, correctional facilities, hotels and resorts, institutions of higher learning, public and private water authorities.