IMTL (Image Protect) Change In Receivables: $-0.53 Mil (TTM As of Mar. 2017)

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 Image Protect Change In Receivables?

Image Protect IMTL -99.00% Change In Receivables is $-0.53 Mil as of Mar. 2017.

Image Protect's change in receivables for the quarter that ended in Mar. 2017 was $0.00 Mil. It means Image Protect's Accounts Receivable declined by $0.00 Mil from Dec. 2016 to Mar. 2017 .

Image Protect's change in receivables for the fiscal year that ended in Dec. 2016 was $-0.54 Mil. It means Image Protect's Accounts Receivable increased by $0.54 Mil from Dec. 2015 to Dec. 2016 .

Image Protect's Accounts Receivable for the quarter that ended in Mar. 2017 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. Image Protect's Days Sales Outstanding for the three months ended in Mar. 2017 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Image Protect's liquidation value for the three months ended in Mar. 2017 was $-1.73 Mil.


Image Protect  (OTCPK:IMTL) 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.

Image Protect's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.051*91
=0.00

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

Image Protect's liquidation value for the quarter that ended in Mar. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.004-1.733+0.75 * 0+0.5 * 0
=-1.73

* 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.


Image Protect Change In Receivables Related Terms


Image Protect Change In Receivables Historical Data

* Premium members only.

The historical data trend for Image Protect'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.

Image Protect Change In Receivables Chart

Image Protect Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 0.02 -0.06 -0.17 -0.54

Image Protect Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -0.01 -0.11 -0.17 -0.26 0.00

Image Protect 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.53 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 $-0.53 Mil mean?
Image Protect (IMTL) has a Change In Receivables of $-0.53 Mil as of Mar. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Image Protect and its competitors.
Is Image Protect's Change In Receivables too high?
Image Protect's current Change In Receivables is $-0.53 Mil.
How does Image Protect's Change In Receivables compare to MWRK and CYAP?
Image Protect's Change In Receivables of $-0.53 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Image Protect and its competitors. Image Protect's current Change In Receivables is $-0.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Protect stock overvalued right now?
Image Protect (IMTL) has a current Change In Receivables of $-0.53 Mil. The current Change In Receivables is $-0.53 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 Image Protect (IMTL), the current Change In Receivables is $-0.53 Mil as of Mar. 2017. 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.

Image Protect Business Description

Address 3001 North Rocky Point Drive East, Suite 200, Tampa, FL, USA, 33607
Image Protect Inc is a Technology and Business Services company, providing services in vitally important Review and Reputation Management for businesses of all types and sizes, as well as individuals who need online reputation assistance.