PSSR (PASSUR Aerospace) Change In Receivables: $-0.32 Mil (TTM As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
Price $0.36
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What is PASSUR Aerospace Change In Receivables?

PASSUR Aerospace PSSR 12 Change In Receivables is $-0.32 Mil as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

PASSUR Aerospace's change in receivables for the quarter that ended in Jul. 2022 was $0.08 Mil. It means PASSUR Aerospace's Accounts Receivable declined by $0.08 Mil from Apr. 2022 to Jul. 2022 .

PASSUR Aerospace's change in receivables for the fiscal year that ended in Oct. 2021 was $-0.10 Mil. It means PASSUR Aerospace's Accounts Receivable increased by $0.10 Mil from Oct. 2020 to Oct. 2021 .

PASSUR Aerospace's Accounts Receivable for the quarter that ended in Jul. 2022 was $0.91 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. PASSUR Aerospace's Days Sales Outstanding for the three months ended in Jul. 2022 was 56.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PASSUR Aerospace's liquidation value for the three months ended in Jul. 2022 was $-15.32 Mil.

PASSUR Aerospace  (OTCPK:PSSR) 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.

PASSUR Aerospace's Days Sales Outstanding for the quarter that ended in Jul. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.911/1.484*91
=56.02

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

PASSUR Aerospace's liquidation value for the quarter that ended in Jul. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.217-16.218+0.75 * 0.911+0.5 * 0
=-15.32

* 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.

PASSUR Aerospace Change In Receivables Related Terms

PASSUR Aerospace Change In Receivables Historical Data

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The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Change In Receivables Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 0.17 0.04 0.38 -0.10

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 0.12 -0.30 0.34 -0.44 0.08
PSSR
12GF Score
PASSUR Aerospace Inc PSSR
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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PASSUR Aerospace 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 Jul. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.32 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 $-0.32 Mil mean?
PASSUR Aerospace (PSSR) has a Change In Receivables of $-0.32 Mil as of Jul. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Change In Receivables too high?
PASSUR Aerospace's current Change In Receivables is $-0.32 Mil. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Change In Receivables compare to BANT and HWKE?
PASSUR Aerospace's Change In Receivables of $-0.32 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Change In Receivables depends on the Aerospace & Defense 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 PASSUR Aerospace and its competitors. PASSUR Aerospace's current Change In Receivables is $-0.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Change In Receivables of $-0.32 Mil. The current Change In Receivables is $-0.32 Mil. PASSUR Aerospace's overall GF Score™ is 12/100. 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 PASSUR Aerospace (PSSR), the current Change In Receivables is $-0.32 Mil as of Jul. 2022. 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.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
12GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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