HYDI (Hydromer) Change In Receivables: $0.03 Mil (TTM As of Dec. 2022)

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.

HYDI Hydromer Inc HYDI
12 GF Score
Price $0.22
View Full Analysis

What is Hydromer Change In Receivables?

Hydromer HYDI 12 Change In Receivables is $0.03 Mil as of Dec. 2022. GuruFocus rates HYDI with a GF Score™ of 12/100.

Hydromer's change in receivables for the quarter that ended in Dec. 2022 was $0.38 Mil. It means Hydromer's Accounts Receivable declined by $0.38 Mil from Sep. 2022 to Dec. 2022 .

Hydromer's change in receivables for the fiscal year that ended in Jun. 2021 was $0.27 Mil. It means Hydromer's Accounts Receivable declined by $0.27 Mil from Jun. 2020 to Jun. 2021 .

Hydromer's Accounts Receivable for the quarter that ended in Dec. 2022 was $0.51 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. Hydromer's Days Sales Outstanding for the three months ended in Dec. 2022 was 54.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hydromer's liquidation value for the three months ended in Dec. 2022 was $-2.47 Mil.

Hydromer  (OTCPK:HYDI) 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.

Hydromer's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.509/0.848*91
=54.77

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

Hydromer's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.058-2.961+0.75 * 0.509+0.5 * 0.096
=-2.47

* 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.

Hydromer Change In Receivables Related Terms

Hydromer Change In Receivables Historical Data

* Premium members only.

The historical data trend for Hydromer'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.

Hydromer Change In Receivables Chart

Hydromer Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.31 -0.42 -0.72 0.27

Hydromer Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -0.04 0.21 -0.40 -0.16 0.38
HYDI
12GF Score
Hydromer Inc HYDI
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hydromer 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 Dec. 2022 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?
Hydromer (HYDI) has a Change In Receivables of $0.03 Mil as of Dec. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hydromer and its competitors.
Is Hydromer's Change In Receivables too high?
Hydromer's current Change In Receivables is $0.03 Mil. Overall, Hydromer has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Hydromer's Change In Receivables compare to ETCK and VYST?
Hydromer's Change In Receivables of $0.03 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Change In Receivables depends on the Chemicals 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 Hydromer and its competitors. Hydromer'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 Hydromer stock overvalued right now?
Hydromer (HYDI) has a current Change In Receivables of $0.03 Mil. The current Change In Receivables is $0.03 Mil. Hydromer's overall GF Score™ is 12/100. 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 Hydromer (HYDI), the current Change In Receivables is $0.03 Mil as of Dec. 2022. 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.

Hydromer Business Description

Address 4715 Corporate Drive NW, Suite 200, Concord, NC, USA, 28027
Hydromer Inc is a polymer research and development company. The company is engaged in the business of inventing, developing, patenting, licensing, manufacturing and selling hydrophilic polymer-based products and services. Its segment includes Industrial and Medical. The company generates maximum revenue from services. Geographically, it derives a majority of revenue from the United States.
12GF Score

Get the complete analysis for HYDI

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.22
Price