ICTY (Eyecity.com) Change In Receivables: $0.01 Mil (TTM As of Dec. 2001)

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What is Eyecity.com Change In Receivables?

Eyecity.com ICTY Change In Receivables is $0.01 Mil as of Dec. 2001.

Eyecity.com's change in receivables for the quarter that ended in Dec. 2001 was $0.01 Mil. It means Eyecity.com's Accounts Receivable declined by $0.01 Mil from Sep. 2001 to Dec. 2001 .

Eyecity.com's change in receivables for the fiscal year that ended in Dec. 2001 was $0.01 Mil. It means Eyecity.com's Accounts Receivable declined by $0.01 Mil from Dec. 2000 to Dec. 2001 .

Eyecity.com's Accounts Receivable for the quarter that ended in Dec. 2001 was $0.03 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. Eyecity.com's Days Sales Outstanding for the three months ended in Dec. 2001 was 84.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eyecity.com's liquidation value for the three months ended in Dec. 2001 was $-1.76 Mil.

Eyecity.com  (OTCPK:ICTY) 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.

Eyecity.com's Days Sales Outstanding for the quarter that ended in Dec. 2001 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.026/0.028*91
=84.73

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

Eyecity.com's liquidation value for the quarter that ended in Dec. 2001 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.009-1.827+0.75 * 0.026+0.5 * 0.076
=-1.76

* 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.

Eyecity.com Change In Receivables Related Terms

Eyecity.com Change In Receivables Historical Data

* Premium members only.

The historical data trend for Eyecity.com'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.

Eyecity.com Change In Receivables Chart

Eyecity.com Annual Data
Trend Dec99 Dec00 Dec01
Change In Receivables
0.01 0.00 0.01

Eyecity.com Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01
Change In Receivables Get a 7-Day Free Trial Premium Member Only 0.01 -0.01 0.01 -0.00 0.01

Eyecity.com 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. 2001 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 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 $0.01 Mil mean?
Eyecity.com (ICTY) has a Change In Receivables of $0.01 Mil as of Dec. 2001. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Eyecity.com and its competitors.
Is Eyecity.com's Change In Receivables too high?
Eyecity.com's current Change In Receivables is $0.01 Mil.
How does Eyecity.com's Change In Receivables compare to NLSC and BOTH?
Eyecity.com's Change In Receivables of $0.01 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Change In Receivables depends on the Diversified Financial Services 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 Eyecity.com and its competitors. Eyecity.com's current Change In Receivables is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eyecity.com stock overvalued right now?
Eyecity.com (ICTY) has a current Change In Receivables of $0.01 Mil. The current Change In Receivables is $0.01 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 Eyecity.com (ICTY), the current Change In Receivables is $0.01 Mil as of Dec. 2001. 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.

Eyecity.com Business Description

Address 5230 Land of Lake Boulevard, Suite 431, Land of Lakes, FL, USA, 34639
Eyecity.com Inc has formed a joint venture (JV) with an existing multimedia generation company, focusing on monetizing celebrity contacts and content by leveraging proprietary marketing tools and tested strategies to increase promotions, drive awareness, and expand audiences. The company has acquired two real estate projects in Brazil for development and is working to advance those projects. It has also acquired a note and intellectual property related to the Smart City business.