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Innovaro (Innovaro) Change In Receivables : $-0.06 Mil (TTM As of Sep. 2013)


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What is Innovaro Change In Receivables?

Innovaro's change in receivables for the quarter that ended in Sep. 2013 was $-0.08 Mil. It means Innovaro's Accounts Receivable increased by $0.08 Mil from Jun. 2013 to Sep. 2013 .

Innovaro's change in receivables for the fiscal year that ended in Dec. 2012 was $-0.15 Mil. It means Innovaro's Accounts Receivable increased by $0.15 Mil from Dec. 2011 to Dec. 2012 .

Innovaro's Accounts Receivable for the quarter that ended in Sep. 2013 was $0.18 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. Innovaro's Days Sales Outstanding for the three months ended in Sep. 2013 was 97.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Innovaro's liquidation value for the three months ended in Sep. 2013 was $-6.83 Mil.


Innovaro Change In Receivables Historical Data

The historical data trend for Innovaro'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.

* Premium members only.

Innovaro Change In Receivables Chart

Innovaro Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.17 -0.50 -0.04 -0.15

Innovaro Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.03 -0.13 0.16 - -0.08

Innovaro 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 Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 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.


Innovaro  (OTCPK:INNI) 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.

Innovaro's Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.18/0.168*91
=97.77

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

Innovaro's liquidation value for the quarter that ended in Sep. 2013 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.018-6.985+0.75 * 0.18+0.5 * 0
=-6.83

* 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.


Innovaro Change In Receivables Related Terms

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Innovaro (Innovaro) Business Description

Traded in Other Exchanges
N/A
Address
624 Tyvola Road, Suite 103, No. 186, Charlotte, NC, USA, 28217
Innovaro Inc is a shell company. It was previously engaged in software services. Currently, the company does not have any operations.
Executives
John Micek director 300 HAMILTON AVENUE, 4TH FLOOR, PALO ALTO CA 94301
Mark S Berset director 700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Bruce Lucas director 2109 E. PALM AVENUE, TAMPA FL 33605
Charles L Pope director 4902 EISENHOWER BOULEVARD, TAMPA FL 33634
David G Mooring officer: VICE PRESIDENT RAMBUS INC, 4444 EL CAMINO REAL, LOS ALTOS CA 94022

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