NOEC (New Oriental Energy & Chemical) Change In Receivables: $0.00 Mil (TTM As of Dec. 2010)

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What is New Oriental Energy & Chemical Change In Receivables?

New Oriental Energy & Chemical NOEC -99.00% Change In Receivables is $0.00 Mil as of Dec. 2010.

New Oriental Energy & Chemical's change in receivables for the quarter that ended in Dec. 2010 was $0.00 Mil. It means New Oriental Energy & Chemical's Accounts Receivable stayed the same from Sep. 2010 to Dec. 2010 .

New Oriental Energy & Chemical's change in receivables for the fiscal year that ended in Mar. 2010 was $0.02 Mil. It means New Oriental Energy & Chemical's Accounts Receivable declined by $0.02 Mil from Mar. 2009 to Mar. 2010 .

New Oriental Energy & Chemical's Accounts Receivable for the quarter that ended in Dec. 2010 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. New Oriental Energy & Chemical's Days Sales Outstanding for the three months ended in Dec. 2010 was 7.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. New Oriental Energy & Chemical's liquidation value for the three months ended in Dec. 2010 was $-50.45 Mil.

New Oriental Energy & Chemical  (OTCPK:NOEC) 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.

New Oriental Energy & Chemical's Days Sales Outstanding for the quarter that ended in Dec. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.077/0.944*91
=7.44

2. In Ben Graham's calculation of liquidation value, New Oriental Energy & Chemical's accounts receivable are only considered to be worth 75% of book value:

New Oriental Energy & Chemical's liquidation value for the quarter that ended in Dec. 2010 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.127-51.388+0.75 * 0.077+0.5 * 1.512
=-50.45

* 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.

New Oriental Energy & Chemical Change In Receivables Related Terms

New Oriental Energy & Chemical Change In Receivables Historical Data

* Premium members only.

The historical data trend for New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Change In Receivables Chart

New Oriental Energy & Chemical Annual Data
Trend Dec05 Mar07 Mar08 Mar09 Mar10
Change In Receivables
0.00 -0.16 0.16 -0.25 0.02

New Oriental Energy & Chemical Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.00 0.00

New Oriental Energy & Chemical 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 Dec. 2010 adds up the quarterly 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.00 Mil mean?
New Oriental Energy & Chemical (NOEC) has a Change In Receivables of $0.00 Mil as of Dec. 2010. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for New Oriental Energy & Chemical and its competitors.
Is New Oriental Energy & Chemical's Change In Receivables too high?
New Oriental Energy & Chemical's current Change In Receivables is $0.00 Mil.
How does New Oriental Energy & Chemical's Change In Receivables compare to RTKHQ and LBTD?
New Oriental Energy & Chemical's Change In Receivables of $0.00 Mil can be compared against companies in the Agriculture 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 Agriculture company?
A good Change In Receivables depends on the Agriculture 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 New Oriental Energy & Chemical and its competitors. New Oriental Energy & Chemical's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Energy & Chemical stock overvalued right now?
New Oriental Energy & Chemical (NOEC) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 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 New Oriental Energy & Chemical (NOEC), the current Change In Receivables is $0.00 Mil as of Dec. 2010. 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.

New Oriental Energy & Chemical Business Description

Address Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, CHN, 464200
New Oriental Energy & Chemical Corporation, through its subsidiary, is engaged in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China.