PRAC (Productivity Technologies) Change In Receivables: $-0.31 Mil (TTM As of Mar. 2005)


What is Productivity Technologies Change In Receivables?

Productivity Technologies PRAC -3.70% Change In Receivables is $-0.31 Mil as of Mar. 2005.

Productivity Technologies's change in receivables for the quarter that ended in Mar. 2005 was $-0.13 Mil. It means Productivity Technologies's Accounts Receivable increased by $0.13 Mil from Dec. 2004 to Mar. 2005 .

Productivity Technologies's change in receivables for the fiscal year that ended in Jun. 2004 was $-2.56 Mil. It means Productivity Technologies's Accounts Receivable increased by $2.56 Mil from Jun. 2002 to Jun. 2004 .

Productivity Technologies's Accounts Receivable for the quarter that ended in Mar. 2005 was $4.79 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. Productivity Technologies's Days Sales Outstanding for the three months ended in Mar. 2005 was 70.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Productivity Technologies's liquidation value for the three months ended in Mar. 2005 was $-11.07 Mil.


Productivity Technologies  (OTCPK:PRAC) 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.

Productivity Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2005 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.787/6.169*91
=70.81

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

Productivity Technologies's liquidation value for the quarter that ended in Mar. 2005 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.316-16.599+0.75 * 4.787+0.5 * 1.239
=-11.07

* 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.


Productivity Technologies Change In Receivables Related Terms


Productivity Technologies Change In Receivables Historical Data

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The historical data trend for Productivity Technologies'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.

Productivity Technologies Change In Receivables Chart

Productivity Technologies Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun04
Change In Receivables
Get a 7-Day Free Trial -6.60 -2.15 4.16 8.62 -2.56

Productivity Technologies Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun04 Sep04 Dec04 Mar05
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 -0.32 0.00 0.08 -0.26 -0.13

Productivity Technologies 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. 2005 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.31 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 $-0.31 Mil mean?
Productivity Technologies (PRAC) has a Change In Receivables of $-0.31 Mil as of Mar. 2005. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Productivity Technologies and its competitors.
Is Productivity Technologies' Change In Receivables too high?
Productivity Technologies' current Change In Receivables is $-0.31 Mil.
How does Productivity Technologies' Change In Receivables compare to TNRG?
Productivity Technologies' Change In Receivables of $-0.31 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Productivity Technologies and its competitors. Productivity Technologies's current Change In Receivables is $-0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Productivity Technologies stock overvalued right now?
Productivity Technologies (PRAC) has a current Change In Receivables of $-0.31 Mil. The current Change In Receivables is $-0.31 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 Productivity Technologies (PRAC), the current Change In Receivables is $-0.31 Mil as of Mar. 2005. 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.

Productivity Technologies Business Description

Address 666 Dundee Road, Suite 300, Northbrook, IL, USA, 60062
Productivity Technologies Corp is a provider of production machinery, parking systems, and fabricated structures. It is a supplier of quick die change, flexible transfer, and stacking/destacking equipment used to automate metal forming operations. It is a leader in designing, manufacturing and installing fully mechanized automated parking systems. The company is also focused on fabricating shipping containers to support real estate development. This includes using shipping containers for office, retail and multi-family structures.