iFabric (iFabric) Change In Receivables : $0.84 Mil (TTM As of Jun. 2023)

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What is iFabric Change In Receivables?

iFabric's change in receivables for the quarter that ended in Jun. 2023 was $1.08 Mil. It means iFabric's Accounts Receivable declined by $1.08 Mil from Mar. 2023 to Jun. 2023 .

iFabric's change in receivables for the fiscal year that ended in Sep. 2021 was $-1.46 Mil. It means iFabric's Accounts Receivable increased by $1.46 Mil from Sep. 2020 to Sep. 2021 .

iFabric's Accounts Receivable for the quarter that ended in Jun. 2023 was $3.49 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. iFabric's Days Sales Outstanding for the three months ended in Jun. 2023 was 80.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. iFabric's liquidation value for the three months ended in Jun. 2023 was $6.10 Mil.

iFabric Change In Receivables Historical Data

The historical data trend for iFabric'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.

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iFabric Change In Receivables Chart

iFabric Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Change In Receivables

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-2.43

2.68

-0.34

-1.55

-1.46

iFabric Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Change In Receivables	Get a 7-Day Free Trial															-1.25	-0.81	1.18	-0.62	1.08

iFabric 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.84 Mil.

iFabric (OTCPK:IFABF) 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.

iFabric's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.492	/	3.973	*	91
=	80.20

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

iFabric's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.744	-	2.39	+	0.75 * 3.492	+	0.5 * 6.248
=	6.10

iFabric Change In Receivables Related Terms

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iFabric (iFabric) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » iFabric Corp (OTCPK:IFABF) » Definitions » Change In Receivables

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Traded in Other Exchanges

IFA:Canada

Address

525 Denison Street, Unit 1, Markham, ON, CAN, L3R 1B8

Website

https://www.ifabriccorp.com

iFabric Corp is engaged in the business of women's intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women's intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties. Its geographical segments include Canada, United States, United Kingdom, and Southeast Asia & others. The company derives the majority of its revenue from the Intimate apparel segment and its geographical location of Canada.