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European Convergence Development Co (LSE:ECDC) Change In Receivables : €-0.00 Mil (TTM As of Jun. 2014)


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What is European Convergence Development Co Change In Receivables?

European Convergence Development Co's change in receivables for the quarter that ended in Jun. 2014 was €-0.01 Mil. It means European Convergence Development Co's Accounts Receivable increased by €0.01 Mil from Dec. 2013 to Jun. 2014 .

European Convergence Development Co's change in receivables for the fiscal year that ended in Dec. 2013 was €0.01 Mil. It means European Convergence Development Co's Accounts Receivable declined by €0.01 Mil from Dec. 2012 to Dec. 2013 .

European Convergence Development Co's Accounts Receivable for the quarter that ended in Jun. 2014 was €0.06 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. European Convergence Development Co's liquidation value for the six months ended in Jun. 2014 was €2.38 Mil.


European Convergence Development Co Change In Receivables Historical Data

The historical data trend for European Convergence Development 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.

* Premium members only.

European Convergence Development Co Change In Receivables Chart

European Convergence Development Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Receivables
Get a 7-Day Free Trial -0.06 0.07 -0.01 0.01 0.01

European Convergence Development Co Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Dec12 Jun13 Dec13 Jun14
Change In Receivables Get a 7-Day Free Trial Premium Member Only -0.02 -0.01 0.01 - -0.01

European Convergence Development 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.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.00 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.


European Convergence Development Co  (LSE:ECDC) 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.

European Convergence Development Co's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.055/0*91
=

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

European Convergence Development Co's liquidation value for the quarter that ended in Jun. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.586-0.251+0.75 * 0.055+0.5 * 0
=2.38

* 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.


European Convergence Development Co Change In Receivables Related Terms

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European Convergence Development Co (LSE:ECDC) Business Description

Traded in Other Exchanges
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Address
European Convergence Development Company PLC was incorporated in the Isle of Man on 26 July 2006. The Company through its subsidiaries, invests in early stage development projects such as residential, retail, commercial and industrial properties. The Company invests in Romania, Turkey, Croatia, Bulgaria and Slovakia.

European Convergence Development Co (LSE:ECDC) Headlines

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