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Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) Change In Receivables : ₺0.05 Mil (TTM As of Sep. 2011)


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What is Ericom Telekomunikasyon ve Enerji Teknolojileri AS Change In Receivables?

Ericom Telekomunikasyon ve Enerji Teknolojileri AS's change in receivables for the quarter that ended in Sep. 2011 was ₺-0.76 Mil. It means Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Accounts Receivable increased by ₺0.76 Mil from Jun. 2011 to Sep. 2011 .

Ericom Telekomunikasyon ve Enerji Teknolojileri AS's change in receivables for the fiscal year that ended in Dec. 2010 was ₺-3.46 Mil. It means Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Accounts Receivable increased by ₺3.46 Mil from Dec. 2009 to Dec. 2010 .

Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Accounts Receivable for the quarter that ended in Sep. 2011 was ₺3.47 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. Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Days Sales Outstanding for the three months ended in Sep. 2011 was 57.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ericom Telekomunikasyon ve Enerji Teknolojileri AS's liquidation value for the three months ended in Sep. 2011 was ₺6.35 Mil.


Ericom Telekomunikasyon ve Enerji Teknolojileri AS Change In Receivables Historical Data

The historical data trend for Ericom Telekomunikasyon ve Enerji Teknolojileri AS'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.

Ericom Telekomunikasyon ve Enerji Teknolojileri AS Change In Receivables Chart

Ericom Telekomunikasyon ve Enerji Teknolojileri AS Annual Data
Trend Dec08 Dec09 Dec10
Change In Receivables
-0.59 0.92 -3.46

Ericom Telekomunikasyon ve Enerji Teknolojileri AS Quarterly Data
Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Change In Receivables Get a 7-Day Free Trial Premium Member Only 0.85 -0.43 1.92 -0.67 -0.76

Ericom Telekomunikasyon ve Enerji Teknolojileri AS 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺0.05 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.


Ericom Telekomunikasyon ve Enerji Teknolojileri AS  (IST:ERICO) 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.

Ericom Telekomunikasyon ve Enerji Teknolojileri AS's Days Sales Outstanding for the quarter that ended in Sep. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.466/5.516*91
=57.34

2. In Ben Graham's calculation of liquidation value, Ericom Telekomunikasyon ve Enerji Teknolojileri AS's accounts receivable are only considered to be worth 75% of book value:

Ericom Telekomunikasyon ve Enerji Teknolojileri AS's liquidation value for the quarter that ended in Sep. 2011 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.488-2.174+0.75 * 3.466+0.5 * 0.878
=6.35

* 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.


Ericom Telekomunikasyon ve Enerji Teknolojileri AS Change In Receivables Related Terms

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Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Cd. USO Center, Merkezi No:245 Kat:17, Istanbul, TUR
Ericom Telekomunikasyon ve Enerji Teknolojileri A.S. is engaged in the supply of energy storage systems. The Company markets lead acid, lithium-ferrite, and vanadium redox type flow battery systems to cellular communications services providers.

Ericom Telekomunikasyon ve Enerji Teknolojileri AS (IST:ERICO) Headlines

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