GYST (The Graystone Co) Change In Receivables: $-0.03 Mil (TTM As of Sep. 2013)

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What is The Graystone Co Change In Receivables?

The Graystone Co GYST -0.22% Change In Receivables is $-0.03 Mil as of Sep. 2013.

The Graystone Co's change in receivables for the quarter that ended in Sep. 2013 was $0.00 Mil. It means The Graystone Co's Accounts Receivable stayed the same from Jun. 2013 to Sep. 2013 .

The Graystone Co's change in receivables for the fiscal year that ended in Dec. 2012 was $-0.01 Mil. It means The Graystone Co's Accounts Receivable increased by $0.01 Mil from Dec. 2011 to Dec. 2012 .

The Graystone Co's Accounts Receivable for the quarter that ended in Sep. 2013 was $0.00 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. The Graystone Co's Days Sales Outstanding for the three months ended in Sep. 2013 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Graystone Co's liquidation value for the three months ended in Sep. 2013 was $-0.83 Mil.

The Graystone Co  (OTCPK:GYST) 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.

The Graystone Co's Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.033*91
=0.00

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

The Graystone Co's liquidation value for the quarter that ended in Sep. 2013 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.004-0.833+0.75 * 0+0.5 * 0
=-0.83

* 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.

The Graystone Co Change In Receivables Related Terms

The Graystone Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for The Graystone 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.

The Graystone Co Change In Receivables Chart

The Graystone Co Annual Data
Trend Dec10 Dec11 Dec12
Change In Receivables
-0.01 -0.01 -0.01

The Graystone Co Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 -0.03 0.00 0.00 0.00

The Graystone 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.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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 $-0.03 Mil mean?
The Graystone Co (GYST) has a Change In Receivables of $-0.03 Mil as of Sep. 2013. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for The Graystone Co and its competitors.
Is The Graystone Co's Change In Receivables too high?
The Graystone Co's current Change In Receivables is $-0.03 Mil.
How does The Graystone Co's Change In Receivables compare to DWSGF and AUXRF?
The Graystone Co's Change In Receivables of $-0.03 Mil can be compared against companies in the Banks 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 Banks company?
A good Change In Receivables depends on the Banks 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 The Graystone Co and its competitors. The Graystone Co's current Change In Receivables is $-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Graystone Co stock overvalued right now?
The Graystone Co (GYST) has a current Change In Receivables of $-0.03 Mil. The current Change In Receivables is $-0.03 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 The Graystone Co (GYST), the current Change In Receivables is $-0.03 Mil as of Sep. 2013. 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.

The Graystone Co Business Description

Address 150 S. Pine Island Road, Suite 300, Plantation, FL, USA, 33324
The Graystone Co Inc is a mortgage broker and lender. It is a mortgage brokerage firm that specializes in connecting clients with the ideal mortgage options tailored to their financial circumstances and goals. The company caters to various categories of customers from first-time homebuyers to seasoned investors, providing personalized guidance and support throughout the entire mortgage process.