Turbo Power Systems (LSE:TPS) Change In Receivables: £1.97 Mil (TTM As of Jun. 2017)

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What is Turbo Power Systems Change In Receivables?

Turbo Power Systems LSE:TPS +16.67% Change In Receivables is £1.97 Mil as of Jun. 2017. The stock has 6 warning signs investors should review.

Turbo Power Systems's change in receivables for the quarter that ended in Jun. 2017 was £1.01 Mil. It means Turbo Power Systems's Accounts Receivable declined by £1.01 Mil from Mar. 2017 to Jun. 2017 .

Turbo Power Systems's change in receivables for the fiscal year that ended in Dec. 2016 was £0.44 Mil. It means Turbo Power Systems's Accounts Receivable declined by £0.44 Mil from Dec. 2015 to Dec. 2016 .

Turbo Power Systems'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. Turbo Power Systems's Days Sales Outstanding for the three months ended in Jun. 2017 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Turbo Power Systems's liquidation value for the three months ended in Jun. 2017 was £-1.92 Mil.

Turbo Power Systems  (LSE:TPS) 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.

Turbo Power Systems's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/2.586*91
=0.00

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

Turbo Power Systems'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)
=0.353-3.686+0.75 * 0+0.5 * 2.829
=-1.92

* 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.

Turbo Power Systems Change In Receivables Related Terms

Turbo Power Systems Change In Receivables Historical Data

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The historical data trend for Turbo Power Systems'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.

Turbo Power Systems Change In Receivables Chart

Turbo Power Systems Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.34 -0.31 0.86 0.32 0.44

Turbo Power Systems Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 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 -0.74 0.53 0.95 -0.52 1.01

Turbo Power Systems 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 £1.97 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 £1.97 Mil mean?
Turbo Power Systems (LSE:TPS) has a Change In Receivables of £1.97 Mil as of Jun. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Turbo Power Systems and its competitors.
Is Turbo Power Systems' Change In Receivables too high?
Turbo Power Systems' current Change In Receivables is £1.97 Mil.
How does Turbo Power Systems' Change In Receivables compare to competitors?
Turbo Power Systems' Change In Receivables of £1.97 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Turbo Power Systems and its competitors. Turbo Power Systems's current Change In Receivables is £1.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turbo Power Systems stock overvalued right now?
Turbo Power Systems (LSE:TPS) has a current Change In Receivables of £1.97 Mil. The current Change In Receivables is £1.97 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 Turbo Power Systems (LSE:TPS), the current Change In Receivables is £1.97 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.

Turbo Power Systems Business Description

Turbo Power Systems Inc was incorporated on March 23, 1987. The Company designs and manufactures high-speed electric motors, generators and power electronics systems and provides bespoke solutions to transport, industrial, energy conversion, and military markets The Company conducts operations through its wholly owned subsidiary company, Turbo Power Systems Limited.