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Riviera Tool Co (Riviera Tool Co) Change In Receivables : $0.04 Mil (TTM As of Nov. 2006)


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What is Riviera Tool Co Change In Receivables?

Riviera Tool Co's change in receivables for the quarter that ended in Nov. 2006 was $1.07 Mil. It means Riviera Tool Co's Accounts Receivable declined by $1.07 Mil from Aug. 2006 to Nov. 2006 .

Riviera Tool Co's change in receivables for the fiscal year that ended in Aug. 2006 was $-2.31 Mil. It means Riviera Tool Co's Accounts Receivable increased by $2.31 Mil from Aug. 2005 to Aug. 2006 .

Riviera Tool Co's Accounts Receivable for the quarter that ended in Nov. 2006 was $9.31 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. Riviera Tool Co's Days Sales Outstanding for the three months ended in Nov. 2006 was 197.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Riviera Tool Co's liquidation value for the three months ended in Nov. 2006 was $-10.59 Mil.


Riviera Tool Co Change In Receivables Historical Data

The historical data trend for Riviera Tool Co'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.

* Premium members only.

Riviera Tool Co Change In Receivables Chart

Riviera Tool Co Annual Data
Trend Aug97 Aug98 Aug99 Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 -12.33 5.47 5.67 -2.31

Riviera Tool Co Quarterly Data
Feb02 May02 Aug02 Nov02 Feb03 May03 Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06
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 -1.27 -1.65 -0.97 1.58 1.07

Riviera Tool Co 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 Nov. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 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.


Riviera Tool Co  (OTCPK:RIVT) 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.

Riviera Tool Co's Days Sales Outstanding for the quarter that ended in Nov. 2006 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.311/4.308*91
=197.22

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

Riviera Tool Co's liquidation value for the quarter that ended in Nov. 2006 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.51-18.204+0.75 * 9.311+0.5 * 0.25
=-10.59

* 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.


Riviera Tool Co Change In Receivables Related Terms

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Riviera Tool Co (Riviera Tool Co) Business Description

Traded in Other Exchanges
N/A
Address
5460 Executive Parkway S.E., Grand Rapids, MI, USA, 49512
Riviera Tool Co designs and manufactures large stamping die systems used to form sheet metal parts. These systems are used by automobile manufacturers to produce automobile and truck body parts such as roofs, hoods, fenders, doors, door frames, structural components, and bumpers. The company's customers include major automobile manufacturers.

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