LINUF (LiNiu Technology Group) Change In Receivables: $18.32 Mil (TTM As of Jun. 2017)

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What is LiNiu Technology Group Change In Receivables?

LiNiu Technology Group LINUF Change In Receivables is $18.32 Mil as of Jun. 2017.

LiNiu Technology Group's change in receivables for the quarter that ended in Jun. 2017 was $0.00 Mil. It means LiNiu Technology Group's Accounts Receivable stayed the same from Mar. 2017 to Jun. 2017 .

LiNiu Technology Group's change in receivables for the fiscal year that ended in Dec. 2016 was $-3.66 Mil. It means LiNiu Technology Group's Accounts Receivable increased by $3.66 Mil from Dec. 2015 to Dec. 2016 .

LiNiu Technology Group's Accounts Receivable for the quarter that ended in Jun. 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LiNiu Technology Group's liquidation value for the three months ended in Jun. 2017 was $-118.87 Mil.

LiNiu Technology Group  (OTCPK:LINUF) 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.

LiNiu Technology Group's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

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

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

LiNiu Technology Group's liquidation value for the quarter that ended in Jun. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.128-118.997+0.75 * 0+0.5 * 0
=-118.87

* 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.

LiNiu Technology Group Change In Receivables Related Terms

LiNiu Technology Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for LiNiu Technology Group'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.

LiNiu Technology Group Change In Receivables Chart

LiNiu Technology Group Annual Data
Trend Jul08 Jul09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -1.73 -3.44 57.45 17.80 -3.66

LiNiu Technology Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Dec16 Mar17 Jun17
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 -6.37 18.32 0.00 0.00 0.00

LiNiu Technology Group 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.32 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 $18.32 Mil mean?
LiNiu Technology Group (LINUF) has a Change In Receivables of $18.32 Mil as of Jun. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for LiNiu Technology Group and its competitors.
Is LiNiu Technology Group's Change In Receivables too high?
LiNiu Technology Group's current Change In Receivables is $18.32 Mil.
How does LiNiu Technology Group's Change In Receivables compare to JADG and TWMC?
LiNiu Technology Group's Change In Receivables of $18.32 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical 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 LiNiu Technology Group and its competitors. LiNiu Technology Group's current Change In Receivables is $18.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LiNiu Technology Group stock overvalued right now?
LiNiu Technology Group (LINUF) has a current Change In Receivables of $18.32 Mil. The current Change In Receivables is $18.32 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 LiNiu Technology Group (LINUF), the current Change In Receivables is $18.32 Mil as of Jun. 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.

LiNiu Technology Group Business Description

Address Alameda Dr. Carlos D’ Assumpcao No: 180, Edf. Tong Nam Ah Central Comercio, 13 Andar P, Macau, MAC
LiNiu Technology Group is active in the retail sale of agricultural products and services. The company offers LiNiu Network platform, which is an electronic business to consumer, customer to customer and online to offline trading platform focused on the Chinese agricultural industry, at its Website www.liniuyang.com. The company's services can also be accessed through the Android system on mobile phones. Its products comprise of agricultural resource, seeding agricultural products, agricultural and sideline products, Chinese herbal medicine and handicrafts.