Location Based Technologies (Location Based Technologies) Change In Receivables : $-0.16 Mil (TTM As of May. 2015)

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What is Location Based Technologies Change In Receivables?

Location Based Technologies's change in receivables for the quarter that ended in May. 2015 was $-0.15 Mil. It means Location Based Technologies's Accounts Receivable increased by $0.15 Mil from Feb. 2015 to May. 2015 .

Location Based Technologies's change in receivables for the fiscal year that ended in Aug. 2014 was $-0.04 Mil. It means Location Based Technologies's Accounts Receivable increased by $0.04 Mil from Aug. 2013 to Aug. 2014 .

Location Based Technologies's Accounts Receivable for the quarter that ended in May. 2015 was $0.19 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. Location Based Technologies's Days Sales Outstanding for the three months ended in May. 2015 was 31.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Location Based Technologies's liquidation value for the three months ended in May. 2015 was $-13.61 Mil.

Location Based Technologies Change In Receivables Historical Data

The historical data trend for Location Based Technologies'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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Location Based Technologies Change In Receivables Chart

Location Based Technologies Annual Data

Trend

Aug06

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Change In Receivables

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0.08

-0.19

0.13

-0.04

Location Based Technologies Quarterly Data
	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
Change In Receivables	Get a 7-Day Free Trial															-0.08	-0.01	-0.02	0.01	-0.15

Location Based Technologies 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 May. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.16 Mil.

Location Based Technologies (OTCPK:LBAS) 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.

Location Based Technologies's Days Sales Outstanding for the quarter that ended in May. 2015 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.188	/	0.552	*	91
=	31.08

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

Location Based Technologies's liquidation value for the quarter that ended in May. 2015 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.237	-	14.333	+	0.75 * 0.188	+	0.5 * 0.685
=	-13.61

Location Based Technologies Change In Receivables Related Terms

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Location Based Technologies (Location Based Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Location Based Technologies Inc (OTCPK:LBAS) » Definitions » Change In Receivables

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Address

7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618

Website

https://www.locationbasedtech.com

Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

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