PIKL (Piksel) Change In Receivables: $-20.8 Mil (TTM As of Jun. 2012)

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What is Piksel Change In Receivables?

Piksel PIKL -99.00% Change In Receivables is $-20.8 Mil as of Jun. 2012.

Piksel's change in receivables for the quarter that ended in Jun. 2012 was $5.1 Mil. It means Piksel's Accounts Receivable declined by $5.1 Mil from Mar. 2012 to Jun. 2012 .

Piksel's change in receivables for the fiscal year that ended in Dec. 2011 was $-22.9 Mil. It means Piksel's Accounts Receivable increased by $22.9 Mil from Dec. 2010 to Dec. 2011 .

Piksel's Accounts Receivable for the quarter that ended in Jun. 2012 was $42.9 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. Piksel's Days Sales Outstanding for the three months ended in Jun. 2012 was 76.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Piksel's liquidation value for the three months ended in Jun. 2012 was $-82.3 Mil.

Piksel  (OTCPK:PIKL) 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.

Piksel's Days Sales Outstanding for the quarter that ended in Jun. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=42.924/51.149*91
=76.58

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

Piksel's liquidation value for the quarter that ended in Jun. 2012 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=31.577-146.851+0.75 * 42.924+0.5 * 1.488
=-82.3

* 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.

Piksel Change In Receivables Related Terms

Piksel Change In Receivables Historical Data

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The historical data trend for Piksel'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.

Piksel Change In Receivables Chart

Piksel Annual Data
Trend Jul02 Jul03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 -2.13 -9.96 -23.80 -22.88

Piksel Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 3.03 -8.77 -11.21 -5.92 5.12

Piksel 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.8 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 $-20.8 Mil mean?
Piksel (PIKL) has a Change In Receivables of $-20.8 Mil as of Jun. 2012. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Piksel and its competitors.
Is Piksel's Change In Receivables too high?
Piksel's current Change In Receivables is $-20.8 Mil.
How does Piksel's Change In Receivables compare to LOV and GAIA?
Piksel's Change In Receivables of $-20.8 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Change In Receivables depends on the Interactive Media 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 Piksel and its competitors. Piksel's current Change In Receivables is $-20.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piksel stock overvalued right now?
Piksel (PIKL) has a current Change In Receivables of $-20.8 Mil. The current Change In Receivables is $-20.8 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 Piksel (PIKL), the current Change In Receivables is $-20.8 Mil as of Jun. 2012. 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.

Piksel Business Description

Address 1 Innovation Close, York Science Park, York, GBR, YO10 5ZD
Piksel Inc designs develop and manage online video solutions for clients of all sizes across the broadcast media industries. Its products and services include Fuse Publisher, Digital Signage, The Piksel Palette, Hosting, Strategic consultancy, Support and monitoring, and others.