PSPW (3Power Energy Group) Change In Receivables: $0.56 Mil (TTM As of Dec. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is 3Power Energy Group Change In Receivables?

3Power Energy Group PSPW Change In Receivables is $0.56 Mil as of Dec. 2017.

3Power Energy Group's change in receivables for the quarter that ended in Dec. 2017 was $0.27 Mil. It means 3Power Energy Group's Accounts Receivable declined by $0.27 Mil from Sep. 2017 to Dec. 2017 .

3Power Energy Group's change in receivables for the fiscal year that ended in Mar. 2017 was $0.38 Mil. It means 3Power Energy Group's Accounts Receivable declined by $0.38 Mil from Mar. 2016 to Mar. 2017 .

3Power Energy Group's Accounts Receivable for the quarter that ended in Dec. 2017 was $0.00 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. 3Power Energy Group's liquidation value for the three months ended in Dec. 2017 was $-6.63 Mil.


3Power Energy Group  (OTCPK:PSPW) 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.

3Power Energy Group's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

2. In Ben Graham's calculation of liquidation value, 3Power Energy Group's accounts receivable are only considered to be worth 75% of book value:

3Power Energy Group's liquidation value for the quarter that ended in Dec. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.009-6.642+0.75 * 0+0.5 * 0
=-6.63

* 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.


3Power Energy Group Change In Receivables Related Terms


3Power Energy Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for 3Power Energy Group'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.

3Power Energy Group Change In Receivables Chart

3Power Energy Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.51 1.07 0.68 0.38

3Power Energy Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.11 0.09 0.11 0.10 0.27

3Power Energy Group 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 Dec. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.56 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 $0.56 Mil mean?
3Power Energy Group (PSPW) has a Change In Receivables of $0.56 Mil as of Dec. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for 3Power Energy Group and its competitors.
Is 3Power Energy Group's Change In Receivables too high?
3Power Energy Group's current Change In Receivables is $0.56 Mil.
How does 3Power Energy Group's Change In Receivables compare to SKYS and CPWR?
3Power Energy Group's Change In Receivables of $0.56 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Change In Receivables depends on the Utilities - Independent Power Producers 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 3Power Energy Group and its competitors. 3Power Energy Group's current Change In Receivables is $0.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3Power Energy Group stock overvalued right now?
3Power Energy Group (PSPW) has a current Change In Receivables of $0.56 Mil. The current Change In Receivables is $0.56 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 3Power Energy Group (PSPW), the current Change In Receivables is $0.56 Mil as of Dec. 2017. 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.

3Power Energy Group Business Description

Address Sh. Zayed Road, Sh. Rashid Building, PO Box 50006, Dubai, ARE, 10005
3Power Energy Group Inc is a holding company. It sells electricity generated by solar, wind, hydro, biomass and other renewable energy resources and also develops, builds and operates power plants based on these technologies as well as develops hydro-electric projects, owning and operating energy projects in the hydro, wind and solar power sectors in Albania. Its projects include the hydro-electrical project of Shala river in Albania.