Sipp Industries (Sipp Industries) Change In Receivables : $0.00 Mil (TTM As of Dec. 2006)

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What is Sipp Industries Change In Receivables?

Sipp Industries's change in receivables for the quarter that ended in Dec. 2006 was $0.00 Mil. It means Sipp Industries's Accounts Receivable stayed the same from Dec. 2005 to Dec. 2006 .

Sipp Industries's change in receivables for the fiscal year that ended in Dec. 2006 was $0.00 Mil. It means Sipp Industries's Accounts Receivable stayed the same from Dec. 2005 to Dec. 2006 .

Sipp Industries's Accounts Receivable for the quarter that ended in Dec. 2006 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. Sipp Industries's Days Sales Outstanding for the six months ended in Dec. 2006 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sipp Industries's liquidation value for the six months ended in Dec. 2006 was $-0.01 Mil.

Sipp Industries Change In Receivables Historical Data

The historical data trend for Sipp Industries'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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Sipp Industries Change In Receivables Chart

Sipp Industries Annual Data

Trend

Dec04

Dec05

Dec06

Change In Receivables

Sipp Industries Semi-Annual Data
	Dec04	Dec05	Dec06
Change In Receivables	-	-	-

Sipp Industries 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2006 was $0.00 Mil.

Sipp Industries (OTCPK:SIPC) 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.

Sipp Industries's Days Sales Outstanding for the quarter that ended in Dec. 2006 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.003	*	91
=	0.00

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

Sipp Industries's liquidation value for the quarter that ended in Dec. 2006 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0.006	+	0.75 * 0	+	0.5 * 0
=	-0.01

Sipp Industries Change In Receivables Related Terms

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Sipp Industries (Sipp Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sipp Industries Inc (OTCPK:SIPC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Anton Boulevard, Suite 1100, Costa Mesa, CA, USA, 92626

Website

http://www.sippindustries.com

Sipp Industries Inc is a is a brand owner of craft hemp beer and spirits. It forms strategic partnerships with craft breweries and distilleries to produce its products. The Company partners with local and national distributors to promote and market the beverages to events, bars, restaurants, lounges, clubs, and retail stores.