PREC (Prestige Cars International) Change In Receivables: $0.00 Mil (TTM As of Sep. 2023)

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What is Prestige Cars International Change In Receivables?

Prestige Cars International PREC +35.38% Change In Receivables is $0.00 Mil as of Sep. 2023.

Prestige Cars International's change in receivables for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Prestige Cars International's Accounts Receivable stayed the same from Sep. 2022 to Sep. 2023 .

Prestige Cars International's change in receivables for the fiscal year that ended in . 20 was $0.00 Mil. It means Prestige Cars International's Accounts Receivable stayed the same from . 20 to . 20 .

Prestige Cars International's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.02 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Prestige Cars International's liquidation value for the six months ended in Sep. 2023 was $-0.99 Mil.

Prestige Cars International  (OTCPK:PREC) 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.

Prestige Cars International's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.023/0*91
=

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

Prestige Cars International's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.152-1.806+0.75 * 0.023+0.5 * 1.294
=-0.99

* 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.

Prestige Cars International Change In Receivables Related Terms

Prestige Cars International Change In Receivables Historical Data

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The historical data trend for Prestige Cars International'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.

Prestige Cars International Change In Receivables Chart

Prestige Cars International Annual Data
Trend
Change In Receivables

Prestige Cars International Semi-Annual Data
Sep22 Sep23
Change In Receivables 0.00 0.00

Prestige Cars International 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 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?
Prestige Cars International (PREC) has a Change In Receivables of $0.00 Mil as of Sep. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Prestige Cars International and its competitors.
Is Prestige Cars International's Change In Receivables too high?
Prestige Cars International's current Change In Receivables is $0.00 Mil.
How does Prestige Cars International's Change In Receivables compare to NCNCF and ZAPPF?
Prestige Cars International's Change In Receivables of $0.00 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Receivables depends on the Vehicles & Parts 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 Prestige Cars International and its competitors. Prestige Cars International'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 Prestige Cars International stock overvalued right now?
Prestige Cars International (PREC) 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 Prestige Cars International (PREC), the current Change In Receivables is $0.00 Mil as of Sep. 2023. 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.

Prestige Cars International Business Description

Address 1013 West Sunrise boulevard, Fort Lauderdale, FL, USA, 33311
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles new and used and their parts world wide. The business of the company is conducted through its showroom and via the internet. The Company specializes in current and vintage Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rovers. The Company services both the B2B and B2C automotive space.