Precicion Trim (Precicion Trim) Change In Receivables : $3.94 Mil (TTM As of Sep. 2011)

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What is Precicion Trim Change In Receivables?

Precicion Trim's change in receivables for the quarter that ended in Sep. 2011 was $-0.15 Mil. It means Precicion Trim's Accounts Receivable increased by $0.15 Mil from Jun. 2011 to Sep. 2011 .

Precicion Trim's change in receivables for the fiscal year that ended in Dec. 2010 was $-1.19 Mil. It means Precicion Trim's Accounts Receivable increased by $1.19 Mil from Dec. 2009 to Dec. 2010 .

Precicion Trim's Accounts Receivable for the quarter that ended in Sep. 2011 was $2.18 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. Precicion Trim's Days Sales Outstanding for the three months ended in Sep. 2011 was 91.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Precicion Trim's liquidation value for the three months ended in Sep. 2011 was $12.10 Mil.

Precicion Trim Change In Receivables Historical Data

The historical data trend for Precicion Trim'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.

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Precicion Trim Change In Receivables Chart

Precicion Trim Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Change In Receivables

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0.97

-0.42

-1.66

-1.73

-1.19

Precicion Trim Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Change In Receivables	Get a 7-Day Free Trial															1.86	0.67	0.98	2.44	-0.15

Precicion Trim 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 Sep. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.94 Mil.

Precicion Trim (OTCPK:PRTR) 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.

Precicion Trim's Days Sales Outstanding for the quarter that ended in Sep. 2011 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.183	/	2.174	*	91
=	91.63

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

Precicion Trim's liquidation value for the quarter that ended in Sep. 2011 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.105	-	0.678	+	0.75 * 2.183	+	0.5 * 0.062
=	12.10

Precicion Trim Change In Receivables Related Terms

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Precicion Trim (Precicion Trim) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precicion Trim Inc (OTCPK:PRTR) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

17011 Beach Boulevard, 9th Floor, Huntington Beach, CA, USA, 92647

Website

https://www.preciciontrim.com

Precicion Trim Inc is a United States based company operating in the machine automation and development field. It designs, manufactures and distributes robotic and non-robotic machines in a wide variety of industries. The company is focused on the development and design of its flower trimming equipment. The equipment will be able to trim the head off of flowering plants at a distance that is programmable by the user. In addition, the company also owns medical devices.

Executives

Kenneth Leung	director	257 GOLD STREET APT. 14B BROOKLYN NY 11201
Joseph Charles Passalaqua	10 percent owner	106 GLENWOOD DR SOUTH, LIVERPOOL NY 13090
Craig Burton	director, officer: President	104 DUNLAP DRIVE, DEWITT NY 13214

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