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Precision Auto Care (Precision Auto Care) Change In Receivables : $-0.11 Mil (TTM As of Mar. 2017)


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What is Precision Auto Care Change In Receivables?

Precision Auto Care's change in receivables for the quarter that ended in Mar. 2017 was $-0.28 Mil. It means Precision Auto Care's Accounts Receivable increased by $0.28 Mil from Dec. 2016 to Mar. 2017 .

Precision Auto Care's change in receivables for the fiscal year that ended in Jun. 2016 was $0.01 Mil. It means Precision Auto Care's Accounts Receivable declined by $0.01 Mil from Jun. 2015 to Jun. 2016 .

Precision Auto Care's Accounts Receivable for the quarter that ended in Mar. 2017 was $0.45 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. Precision Auto Care's Days Sales Outstanding for the three months ended in Mar. 2017 was 5.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Precision Auto Care's liquidation value for the three months ended in Mar. 2017 was $1.39 Mil.

Precision Auto Care Change In Receivables Historical Data

The historical data trend for Precision Auto Care'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.

* Premium members only.

Precision Auto Care Change In Receivables Chart

Precision Auto Care Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun14 Jun15 Jun16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 -0.11 -0.05 0.04 0.01

Precision Auto Care Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -0.10 -0.02 0.14 0.04 -0.28

Precision Auto Care 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 Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 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.

Precision Auto Care  (OTCPK:PACI) 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.

Precision Auto Care's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.448/7.612*91
=5.37

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

Precision Auto Care's liquidation value for the quarter that ended in Mar. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.606-3.139+0.75 * 0.448+0.5 * 1.164
=1.39

* 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.

Precision Auto Care Change In Receivables Related Terms

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Precision Auto Care (Precision Auto Care) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Precision Auto Care Inc (OTCPK:PACI) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
Website
http://www.precisiontune.com
Precision Auto Care Inc provides automotive maintenance services. The company's operations include Precision Tune Auto Care, an international franchisor of automotive service centers; Precision Auto Wash, an operator and franchisor of self-service car wash centers; and Precision Lube Express, an operator and franchisor of oil change and lube centers. Precision Auto Care also distributes automotive parts, equipment, and supplies.