Paints and Chemical Industries Co (LSE:47KT) Change In Receivables : $-0.17 Mil (TTM As of Jun. 2018)

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What is Paints and Chemical Industries Co Change In Receivables?

Paints and Chemical Industries Co's change in receivables for the quarter that ended in Jun. 2018 was $-0.17 Mil. It means Paints and Chemical Industries Co's Accounts Receivable increased by $0.17 Mil from Jun. 2017 to Jun. 2018 .

Paints and Chemical Industries Co's change in receivables for the fiscal year that ended in Jun. 2018 was $-0.17 Mil. It means Paints and Chemical Industries Co's Accounts Receivable increased by $0.17 Mil from Jun. 2017 to Jun. 2018 .

Paints and Chemical Industries Co's Accounts Receivable for the quarter that ended in Jun. 2018 was $2.32 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. Paints and Chemical Industries Co's Days Sales Outstanding for the six months ended in Jun. 2018 was 7.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Paints and Chemical Industries Co's liquidation value for the six months ended in Jun. 2018 was $9.90 Mil.

Paints and Chemical Industries Co Change In Receivables Historical Data

The historical data trend for Paints and Chemical Industries Co'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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Paints and Chemical Industries Co Change In Receivables Chart

Paints and Chemical Industries Co Annual Data

Trend

Jun17

Jun18

Change In Receivables

0.77

-0.17

Paints and Chemical Industries Co Semi-Annual Data
	Jun17	Jun18
Change In Receivables	0.77	-0.17

Paints and Chemical Industries Co 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2018 was $-0.17 Mil.

Paints and Chemical Industries Co (LSE:47KT) 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.

Paints and Chemical Industries Co's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.324	/	57.92	*	91
=	7.32

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

Paints and Chemical Industries Co's liquidation value for the quarter that ended in Jun. 2018 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13.378	-	13.313	+	0.75 * 2.324	+	0.5 * 16.177
=	9.90

Paints and Chemical Industries Co Change In Receivables Related Terms

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Paints and Chemical Industries Co (LSE:47KT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Paints and Chemical Industries Co (LSE:47KT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Elmassanie Street, P.O. Box 11887,Elamiriya, Cario, EGY

Website

http://www.pachin.net

Paints and Chemical Industries Co is an Egypt-based company engaged in the manufacturing of paints, varnishes, industrial chemicals, printing inks, animal extracts and other related products. The product portfolio of the group consists of Decorative paints, Industrial paints, Printing inks and alkyd resin. The majority of income for the group is generated through the sale of products. It also exports all the products of paints to Libya, Saudi Arabia, Syria, Cyprus, Kenya, Sudan, and Equatorial Guinea.

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