Solidus Communications (Solidus Communications) Change In Receivables : $0.00 Mil (TTM As of Nov. 2016)

View and export this data going back to . Start your Free Trial

What is Solidus Communications Change In Receivables?

Solidus Communications's change in receivables for the quarter that ended in Nov. 2016 was $0.00 Mil. It means Solidus Communications's Accounts Receivable stayed the same from Nov. 2015 to Nov. 2016 .

Solidus Communications's change in receivables for the fiscal year that ended in Nov. 2016 was $0.00 Mil. It means Solidus Communications's Accounts Receivable stayed the same from Nov. 2015 to Nov. 2016 .

Solidus Communications's Accounts Receivable for the quarter that ended in Nov. 2016 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. Solidus Communications's Days Sales Outstanding for the six months ended in Nov. 2016 was 3.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solidus Communications's liquidation value for the six months ended in Nov. 2016 was $-5.14 Mil.

Solidus Communications Change In Receivables Historical Data

The historical data trend for Solidus Communications'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.

Solidus Communications Change In Receivables Chart

Solidus Communications Annual Data

Trend

Nov07

Nov08

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Change In Receivables

Get a 7-Day Free Trial

Solidus Communications Semi-Annual Data
	Nov07	Nov08	Nov09	Nov10	Nov11	Nov12	Nov13	Nov14	Nov15	Nov16
Change In Receivables	Get a 7-Day Free Trial					-	-	-	-	-

Solidus Communications 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 Nov. 2016 was $0.00 Mil.

Solidus Communications (OTCPK:SLDC) 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.

Solidus Communications's Days Sales Outstanding for the quarter that ended in Nov. 2016 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.003	/	0.152	*	91
=	3.60

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

Solidus Communications's liquidation value for the quarter that ended in Nov. 2016 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.021	-	5.162	+	0.75 * 0.003	+	0.5 * 0
=	-5.14

Solidus Communications Change In Receivables Related Terms

Thank you for viewing the detailed overview of Solidus Communications's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Solidus Communications (Solidus Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Solidus Communications Inc (OTCPK:SLDC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

454 South Yonge Street, Suite 3A, Ormond Beach, FL, USA, 32174

Website

https://www.soliduscommunications.com

Solidus Communications Inc offers telecommunication services and equipment, including mobile phones, mobile voice service, and VoIP service. It offers prepaid service/plans that include predefined minute/unlimited minute plans. It offers services under the brand names Amgentech and Telco Cuba. Under the brand name Telco Cuba, the company is targeting the Cuban American demographic in the United States. Under the brand name Amgentech, offers the best of breed technology solutions which include, but are not limited to Software and Network architecture services, software development, website development, hosting and colocation services, managed network and server services, voice over IP servers and bulk mailing services.

Executives

Jmz Alliance Group, Inc.	10 percent owner	1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr.	director, officer: CEO, President	111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains	director, 10 percent owner, officer: President, Secretary-Treasurer	7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

Solidus Communications (Solidus Communications) Headlines

From GuruFocus

Solidus Communications, Inc. is Pleased to Report on Direction, Growth, and Acquisitions

By sperokesalga sperokesalga • 04-18-2023

Solidus Communications Announces Appointment of Thomas A. Langford as Director

By ACCESSWIRE • 01-11-2024