SIRC (Solar Integrated Roofing) Change In Receivables: $0.00 Mil (TTM As of Sep. 2022)

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What is Solar Integrated Roofing Change In Receivables?

Solar Integrated Roofing SIRC -99.00% Change In Receivables is $0.00 Mil as of Sep. 2022.

Solar Integrated Roofing's change in receivables for the quarter that ended in Sep. 2022 was $0.00 Mil. It means Solar Integrated Roofing's Accounts Receivable stayed the same from Sep. 2021 to Sep. 2022 .

Solar Integrated Roofing's change in receivables for the fiscal year that ended in Feb. 2009 was $0.00 Mil. It means Solar Integrated Roofing's Accounts Receivable stayed the same from Feb. 2008 to Feb. 2009 .

Solar Integrated Roofing's Accounts Receivable for the quarter that ended in Sep. 2022 was $5.51 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. Solar Integrated Roofing's Days Sales Outstanding for the three months ended in Sep. 2022 was 8.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solar Integrated Roofing's liquidation value for the three months ended in Sep. 2022 was $-56.81 Mil.

Solar Integrated Roofing  (OTCPK:SIRC) 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.

Solar Integrated Roofing's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.512/57.267*91
=8.78

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

Solar Integrated Roofing's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.48-61.495+0.75 * 5.512+0.5 * 0.151
=-56.81

* 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.

Solar Integrated Roofing Change In Receivables Related Terms

Solar Integrated Roofing Change In Receivables Historical Data

* Premium members only.

The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing Change In Receivables Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Change In Receivables
0.00 0.00

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
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 0.00 0.00 0.00 0.00 0.00

Solar Integrated Roofing 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
Solar Integrated Roofing (SIRC) has a Change In Receivables of $0.00 Mil as of Sep. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Solar Integrated Roofing and its competitors.
Is Solar Integrated Roofing's Change In Receivables too high?
Solar Integrated Roofing's current Change In Receivables is $0.00 Mil.
How does Solar Integrated Roofing's Change In Receivables compare to YGEHY and BSRC?
Solar Integrated Roofing's Change In Receivables of $0.00 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Change In Receivables depends on the Semiconductors 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 Solar Integrated Roofing and its competitors. Solar Integrated Roofing's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Integrated Roofing stock overvalued right now?
Solar Integrated Roofing (SIRC) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 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 Solar Integrated Roofing (SIRC), the current Change In Receivables is $0.00 Mil as of Sep. 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.

Solar Integrated Roofing Business Description

Address 2831 Saint Rose Parkway, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated, single-source solar power, EV (Electric Vehicle) charging, microgrids and roofing systems installation company providing products and services to government, commercial and residential facilities, and properties. The company has segments namely: Solar Residential; Solar Commercial; Roofing Construction; EV Charging; and Supplemental. It derives maximum revenue from Solar Commercial Segment.