SCST (Suncast Solar Energy) Change In Receivables: $0.17 Mil (TTM As of Dec. 2008)


What is Suncast Solar Energy Change In Receivables?

Suncast Solar Energy SCST Change In Receivables is $0.17 Mil as of Dec. 2008.

Suncast Solar Energy's change in receivables for the quarter that ended in Dec. 2008 was $-0.02 Mil. It means Suncast Solar Energy's Accounts Receivable increased by $0.02 Mil from Sep. 2008 to Dec. 2008 .

Suncast Solar Energy's change in receivables for the fiscal year that ended in Dec. 2008 was $0.17 Mil. It means Suncast Solar Energy's Accounts Receivable declined by $0.17 Mil from Dec. 2007 to Dec. 2008 .

Suncast Solar Energy's Accounts Receivable for the quarter that ended in Dec. 2008 was $0.14 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. Suncast Solar Energy's Days Sales Outstanding for the three months ended in Dec. 2008 was 27.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Suncast Solar Energy's liquidation value for the three months ended in Dec. 2008 was $-2.93 Mil.

Suncast Solar Energy  (OTCPK:SCST) 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.

Suncast Solar Energy's Days Sales Outstanding for the quarter that ended in Dec. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.138/0.455*91
=27.68

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

Suncast Solar Energy's liquidation value for the quarter that ended in Dec. 2008 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.067-3.097+0.75 * 0.138+0.5 * 0
=-2.93

* 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.

Suncast Solar Energy Change In Receivables Related Terms

Suncast Solar Energy Change In Receivables Historical Data

* Premium members only.

The historical data trend for Suncast Solar Energy'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.

Suncast Solar Energy Change In Receivables Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.34 -0.07 -0.29 0.17

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 0.09 0.22 -0.12 0.08 -0.02

Suncast Solar Energy 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. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.17 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 $0.17 Mil mean?
Suncast Solar Energy (SCST) has a Change In Receivables of $0.17 Mil as of Dec. 2008. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Suncast Solar Energy and its competitors.
Is Suncast Solar Energy's Change In Receivables too high?
Suncast Solar Energy's current Change In Receivables is $0.17 Mil.
How does Suncast Solar Energy's Change In Receivables compare to ECEZ and CESX?
Suncast Solar Energy's Change In Receivables of $0.17 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Change In Receivables depends on the Waste Management 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 Suncast Solar Energy and its competitors. Suncast Solar Energy's current Change In Receivables is $0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) has a current Change In Receivables of $0.17 Mil. The current Change In Receivables is $0.17 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 Suncast Solar Energy (SCST), the current Change In Receivables is $0.17 Mil as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.