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

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What is Solidus Communications Change In Receivables?

Solidus Communications SLDC Change In Receivables is $0.00 Mil as of Nov. 2016.

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  (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

* 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.

Solidus Communications Change In Receivables Related Terms

Solidus Communications Change In Receivables Historical Data

* Premium members only.

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.

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 Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.00 0.00

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.00 0.00

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.

* 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?
Solidus Communications (SLDC) has a Change In Receivables of $0.00 Mil as of Nov. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Solidus Communications and its competitors.
Is Solidus Communications' Change In Receivables too high?
Solidus Communications' current Change In Receivables is $0.00 Mil.
How does Solidus Communications' Change In Receivables compare to HMMR and DTGI?
Solidus Communications' Change In Receivables of $0.00 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Change In Receivables depends on the Telecommunication Services 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 Solidus Communications and its competitors. Solidus Communications'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 Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) 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 Solidus Communications (SLDC), the current Change In Receivables is $0.00 Mil as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.