HCG (hear.com NV) Change In Receivables: $-4.11 Mil (TTM As of Mar. 2021)

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What is hear.com NV Change In Receivables?

hear.com NV HCG Change In Receivables is $-4.11 Mil as of Mar. 2021.

hear.com NV's change in receivables for the quarter that ended in Mar. 2021 was $-4.19 Mil. It means hear.com NV's Accounts Receivable increased by $4.19 Mil from Dec. 2020 to Mar. 2021 .

hear.com NV's change in receivables for the fiscal year that ended in Sep. 2020 was $-7.94 Mil. It means hear.com NV's Accounts Receivable increased by $7.94 Mil from Sep. 2019 to Sep. 2020 .

hear.com NV's Accounts Receivable for the quarter that ended in Mar. 2021 was $39.71 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. hear.com NV's Days Sales Outstanding for the three months ended in Mar. 2021 was 63.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. hear.com NV's liquidation value for the three months ended in Mar. 2021 was $-199.73 Mil.

hear.com NV  (NAS:HCG) 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.

hear.com NV's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.71/57.374*91
=63.16

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

hear.com NV's liquidation value for the quarter that ended in Mar. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.026-241.896+0.75 * 39.71+0.5 * 14.725
=-199.73

* 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.

hear.com NV Change In Receivables Related Terms

hear.com NV Change In Receivables Historical Data

* Premium members only.

The historical data trend for hear.com NV'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.

hear.com NV Change In Receivables Chart

hear.com NV Annual Data
Trend Sep18 Sep19 Sep20
Change In Receivables
0.00 -5.70 -7.94

hear.com NV Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21
Change In Receivables Get a 7-Day Free Trial -0.94 -2.79 0.00 0.08 -4.19

hear.com NV 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.11 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 $-4.11 Mil mean?
hear.com NV (HCG) has a Change In Receivables of $-4.11 Mil as of Mar. 2021. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for hear.com NV and its competitors.
Is hear.com NV's Change In Receivables too high?
hear.com NV's current Change In Receivables is $-4.11 Mil.
How does hear.com NV's Change In Receivables compare to ?
hear.com NV's Change In Receivables of $-4.11 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Change In Receivables depends on the Medical Devices & Instruments 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 hear.com NV and its competitors. hear.com NV's current Change In Receivables is $-4.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is hear.com NV stock overvalued right now?
hear.com NV (HCG) has a current Change In Receivables of $-4.11 Mil. The current Change In Receivables is $-4.11 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 hear.com NV (HCG), the current Change In Receivables is $-4.11 Mil as of Mar. 2021. 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.

hear.com NV Business Description

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hear.com NV is a global leader in the hearing aid industry, It provides the most comprehensive care for all your hearing needs.