Microwave Filter Co (Microwave Filter Co) Change In Receivables : $-0.08 Mil (TTM As of Jun. 2019)

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What is Microwave Filter Co Change In Receivables?

Microwave Filter Co's change in receivables for the quarter that ended in Jun. 2019 was $-0.03 Mil. It means Microwave Filter Co's Accounts Receivable increased by $0.03 Mil from Mar. 2019 to Jun. 2019 .

Microwave Filter Co's change in receivables for the fiscal year that ended in Sep. 2018 was $-0.05 Mil. It means Microwave Filter Co's Accounts Receivable increased by $0.05 Mil from Sep. 2017 to Sep. 2018 .

Microwave Filter Co's Accounts Receivable for the quarter that ended in Jun. 2019 was $0.39 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. Microwave Filter Co's Days Sales Outstanding for the three months ended in Jun. 2019 was 42.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Microwave Filter Co's liquidation value for the three months ended in Jun. 2019 was $0.54 Mil.

Microwave Filter Co Change In Receivables Historical Data

The historical data trend for Microwave Filter 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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Microwave Filter Co Change In Receivables Chart

Microwave Filter Co Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Change In Receivables

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-0.12

-0.02

0.05

-0.05

Microwave Filter Co Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Change In Receivables	Get a 7-Day Free Trial															0.03	-0.09	0.06	-0.01	-0.03

Microwave Filter 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 Mil.

Microwave Filter Co (OTCPK:MFCO) 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.

Microwave Filter Co's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.391	/	0.841	*	91
=	42.42

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

Microwave Filter Co's liquidation value for the quarter that ended in Jun. 2019 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.538	-	0.54	+	0.75 * 0.391	+	0.5 * 0.496
=	0.54

Microwave Filter Co Change In Receivables Related Terms

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Microwave Filter Co (Microwave Filter Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microwave Filter Co Inc (OTCPK:MFCO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

6743 Kinne Street, East Syracuse, Syracuse, NY, USA, 13057

Website

https://www.microwavefilter.com

Microwave Filter Co Inc operates in the United States and principally in one Industry. The Company extends credit to business customers, including original equipment manufacturers (OEMs), distributors and other end users, based upon ongoing credit evaluations. MFC designs, develops, manufactures and sells electronic filters, both for radio and microwave frequencies, to help process signal distribution and to prevent unwanted signals from disrupting transmit or receive operations. Markets served include 5G, cable television, television and radio broadcast, satellite broadcast, mobile radio and commercial and defense electronics.

Executives

Hummingbird Value Fund Lp	other: See explanation of responses	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc	other: See explanation of responses	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin	other: See explanation of responses	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc	other: See explanation of responses	145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp	other: See explanation of responses	C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Christopher N Argyrople	10 percent owner	50 MILK STREET, 21ST FLOOR, BOSTON MA 02109

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