MSGP (MedSmart Group) Change In Receivables: $-0.01 Mil (TTM As of Sep. 2014)

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What is MedSmart Group Change In Receivables?

MedSmart Group MSGP Change In Receivables is $-0.01 Mil as of Sep. 2014.

MedSmart Group's change in receivables for the quarter that ended in Sep. 2014 was $-0.01 Mil. It means MedSmart Group's Accounts Receivable increased by $0.01 Mil from Jun. 2014 to Sep. 2014 .

MedSmart Group's change in receivables for the fiscal year that ended in Dec. 2013 was $-0.08 Mil. It means MedSmart Group's Accounts Receivable increased by $0.08 Mil from Dec. 2012 to Dec. 2013 .

MedSmart Group's Accounts Receivable for the quarter that ended in Sep. 2014 was $0.08 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. MedSmart Group's Days Sales Outstanding for the three months ended in Sep. 2014 was 72.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MedSmart Group's liquidation value for the three months ended in Sep. 2014 was $-2.93 Mil.

MedSmart Group  (OTCPK:MSGP) 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.

MedSmart Group's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.084/0.106*91
=72.31

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

MedSmart Group's liquidation value for the quarter that ended in Sep. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-2.997+0.75 * 0.084+0.5 * 0
=-2.93

* 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.

MedSmart Group Change In Receivables Related Terms

MedSmart Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for MedSmart Group'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.

MedSmart Group Change In Receivables Chart

MedSmart Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.08

MedSmart Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.00 0.00 0.00 -0.01 -0.01

MedSmart Group 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 Sep. 2014 adds up the quarterly 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?
MedSmart Group (MSGP) has a Change In Receivables of $-0.01 Mil as of Sep. 2014. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for MedSmart Group and its competitors.
Is MedSmart Group's Change In Receivables too high?
MedSmart Group's current Change In Receivables is $-0.01 Mil.
How does MedSmart Group's Change In Receivables compare to BCYP and MBIOF?
MedSmart Group's Change In Receivables of $-0.01 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Change In Receivables depends on the Healthcare Providers & Services 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 MedSmart Group and its competitors. MedSmart Group'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 MedSmart Group stock overvalued right now?
MedSmart Group (MSGP) 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 MedSmart Group (MSGP), the current Change In Receivables is $-0.01 Mil as of Sep. 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.

MedSmart Group Business Description

Address 26 Broadway, Suite 934, New York, NY, USA, 10004
MedSmart Group Inc is a men wellness center. It is a professional network of medical centers specializing in Anti-Aging Treatments that improve the overall health and quality-of-life of male patients in a comfortable, casual and discreet setting.