ILIM (IL2M International) Change In Receivables: $0.00 Mil (TTM As of Feb. 2015)

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 IL2M International Change In Receivables?

IL2M International ILIM -99.00% Change In Receivables is $0.00 Mil as of Feb. 2015.

IL2M International's change in receivables for the quarter that ended in Feb. 2015 was $0.00 Mil. It means IL2M International's Accounts Receivable stayed the same from Nov. 2014 to Feb. 2015 .

IL2M International's change in receivables for the fiscal year that ended in May. 2013 was $0.00 Mil. It means IL2M International's Accounts Receivable stayed the same from May. 2012 to May. 2013 .

IL2M International's Accounts Receivable for the quarter that ended in Feb. 2015 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. IL2M International's liquidation value for the three months ended in Feb. 2015 was $-2.56 Mil.

IL2M International  (OTCPK:ILIM) 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.

IL2M International's Days Sales Outstanding for the quarter that ended in Feb. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0*91
=

2. In Ben Graham's calculation of liquidation value, IL2M International's accounts receivable are only considered to be worth 75% of book value:

IL2M International's liquidation value for the quarter that ended in Feb. 2015 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-2.559+0.75 * 0+0.5 * 0
=-2.56

* 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.

IL2M International Change In Receivables Related Terms

IL2M International Change In Receivables Historical Data

* Premium members only.

The historical data trend for IL2M International'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.

IL2M International Change In Receivables Chart

IL2M International Annual Data
Trend May11 May12 May13
Change In Receivables
0.00 0.00 0.00

IL2M International Quarterly Data
Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15
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 0.00 0.00 0.00 0.00 0.00

IL2M International 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 Feb. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
IL2M International (ILIM) has a Change In Receivables of $0.00 Mil as of Feb. 2015. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for IL2M International and its competitors.
Is IL2M International's Change In Receivables too high?
IL2M International's current Change In Receivables is $0.00 Mil.
How does IL2M International's Change In Receivables compare to LKST and IDDR?
IL2M International's Change In Receivables of $0.00 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Change In Receivables depends on the Interactive Media 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 IL2M International and its competitors. IL2M International's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IL2M International stock overvalued right now?
IL2M International (ILIM) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 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 IL2M International (ILIM), the current Change In Receivables is $0.00 Mil as of Feb. 2015. 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.

IL2M International Business Description

Address 3500 West Olive Avenue, Suite 810, Burbank, CA, USA, 91505
IL2M International Corp is a developer of wired and wireless telemetry which is the monitoring, collection and transmission of data by wire or radio from remote sources and remote control systems. ILIM seeks to create its BidAi platform that would usher in a new category of human interaction known as metaverse. Company's BidAi Metaverse platform would consist of the BidAi Client, the BidAi Studio, and the BidAi Cloud. BidAi Client would be the application that allows users to explore 3D digital worlds. BidAi Studio would be the toolset that allows developers and creators to build, publish, and operate 3D experiences and other content accessed with the BidAi Client. BidAi Cloud includes the services and infrastructure that will power gaming platform platform.