Paragon Resources (LSE:PAR) Change In Receivables: £0.01 Mil (TTM As of May. 2014)

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What is Paragon Resources Change In Receivables?

Paragon Resources LSE:PAR Change In Receivables is £0.01 Mil as of May. 2014.

Paragon Resources's change in receivables for the quarter that ended in May. 2014 was £0.00 Mil. It means Paragon Resources's Accounts Receivable stayed the same from Nov. 2013 to May. 2014 .

Paragon Resources's change in receivables for the fiscal year that ended in May. 2014 was £0.03 Mil. It means Paragon Resources's Accounts Receivable declined by £0.03 Mil from May. 2013 to May. 2014 .

Paragon Resources's Accounts Receivable for the quarter that ended in May. 2014 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. Paragon Resources's liquidation value for the six months ended in May. 2014 was £-0.04 Mil.

Paragon Resources  (LSE:PAR) 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.

Paragon Resources's Days Sales Outstanding for the quarter that ended in May. 2014 is calculated as:

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

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

Paragon Resources's liquidation value for the quarter that ended in May. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.01-0.049+0.75 * 0+0.5 * 0
=-0.04

* 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.

Paragon Resources Change In Receivables Related Terms

Paragon Resources Change In Receivables Historical Data

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The historical data trend for Paragon Resources'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.

Paragon Resources Change In Receivables Chart

Paragon Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 May13 May14
Change In Receivables
Get a 7-Day Free Trial 0.47 -0.33 -4.16 0.00 0.03

Paragon Resources Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Nov13 May14 Nov14
Change In Receivables Get a 7-Day Free Trial -3.30 0.04 0.03 0.00 0.01

Paragon Resources 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. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.01 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 £0.01 Mil mean?
Paragon Resources (LSE:PAR) has a Change In Receivables of £0.01 Mil as of May. 2014. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Paragon Resources and its competitors.
Is Paragon Resources' Change In Receivables too high?
Paragon Resources' current Change In Receivables is £0.01 Mil.
How does Paragon Resources' Change In Receivables compare to competitors?
Paragon Resources' Change In Receivables of £0.01 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Change In Receivables depends on the Conglomerates 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 Paragon Resources and its competitors. Paragon Resources's current Change In Receivables is £0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Resources stock overvalued right now?
Paragon Resources (LSE:PAR) has a current Change In Receivables of £0.01 Mil. The current Change In Receivables is £0.01 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 Paragon Resources (LSE:PAR), the current Change In Receivables is £0.01 Mil as of May. 2014. 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.

Paragon Resources Business Description