HAUP (Hauppauge Digital) Change In Receivables: $5.51 Mil (TTM As of Mar. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hauppauge Digital Change In Receivables?

Hauppauge Digital HAUP Change In Receivables is $5.51 Mil as of Mar. 2014.

Hauppauge Digital's change in receivables for the quarter that ended in Mar. 2014 was $0.89 Mil. It means Hauppauge Digital's Accounts Receivable declined by $0.89 Mil from Dec. 2013 to Mar. 2014 .

Hauppauge Digital's change in receivables for the fiscal year that ended in Sep. 2013 was $3.82 Mil. It means Hauppauge Digital's Accounts Receivable declined by $3.82 Mil from Sep. 2012 to Sep. 2013 .

Hauppauge Digital's Accounts Receivable for the quarter that ended in Mar. 2014 was $4.01 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. Hauppauge Digital's Days Sales Outstanding for the three months ended in Mar. 2014 was 62.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hauppauge Digital's liquidation value for the three months ended in Mar. 2014 was $-9.14 Mil.

Hauppauge Digital  (OTCPK:HAUP) 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.

Hauppauge Digital's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.013/5.848*91
=62.62

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

Hauppauge Digital's liquidation value for the quarter that ended in Mar. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.461-17.766+0.75 * 4.013+0.5 * 8.317
=-9.14

* 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.

Hauppauge Digital Change In Receivables Related Terms

Hauppauge Digital Change In Receivables Historical Data

* Premium members only.

The historical data trend for Hauppauge Digital'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.

Hauppauge Digital Change In Receivables Chart

Hauppauge Digital Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.22 5.36 1.03 1.80 3.82

Hauppauge Digital Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 2.44 3.58 2.14 -1.10 0.89

Hauppauge Digital 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.51 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 $5.51 Mil mean?
Hauppauge Digital (HAUP) has a Change In Receivables of $5.51 Mil as of Mar. 2014. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hauppauge Digital and its competitors.
Is Hauppauge Digital's Change In Receivables too high?
Hauppauge Digital's current Change In Receivables is $5.51 Mil.
How does Hauppauge Digital's Change In Receivables compare to VIDE and ITOX?
Hauppauge Digital's Change In Receivables of $5.51 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Receivables depends on the Hardware 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 Hauppauge Digital and its competitors. Hauppauge Digital's current Change In Receivables is $5.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hauppauge Digital stock overvalued right now?
Hauppauge Digital (HAUP) has a current Change In Receivables of $5.51 Mil. The current Change In Receivables is $5.51 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 Hauppauge Digital (HAUP), the current Change In Receivables is $5.51 Mil as of Mar. 2014. 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.

Hauppauge Digital Business Description

Address 135 Oser Avenue, Hauppauge, NY, USA, 11788
Hauppauge Digital Inc is a developer of analog and digital TV tuners and other products for the personal computer market. Its product portfolio covers USB TV tuners, HD video recorders, Internal TV tuners, Digital CableCARD tuners, Analog video capture products, European Digital TV Receivers, and Digital media adapters, among others.