SPOI (SPO Networks) Change In Receivables: $-0.23 Mil (TTM As of May. 2006)

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What is SPO Networks Change In Receivables?

SPO Networks SPOI -99.67% Change In Receivables is $-0.23 Mil as of May. 2006.

SPO Networks's change in receivables for the quarter that ended in May. 2006 was $0.02 Mil. It means SPO Networks's Accounts Receivable declined by $0.02 Mil from Feb. 2006 to May. 2006 .

SPO Networks's change in receivables for the fiscal year that ended in May. 2005 was $0.03 Mil. It means SPO Networks's Accounts Receivable declined by $0.03 Mil from May. 2004 to May. 2005 .

SPO Networks's Accounts Receivable for the quarter that ended in May. 2006 was $0.86 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. SPO Networks's Days Sales Outstanding for the three months ended in May. 2006 was 77.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SPO Networks's liquidation value for the three months ended in May. 2006 was $-11.75 Mil.

SPO Networks  (OTCPK:SPOI) 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.

SPO Networks's Days Sales Outstanding for the quarter that ended in May. 2006 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.857/1.003*91
=77.97

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

SPO Networks's liquidation value for the quarter that ended in May. 2006 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.026-12.42+0.75 * 0.857+0.5 * 0
=-11.75

* 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.

SPO Networks Change In Receivables Related Terms

SPO Networks Change In Receivables Historical Data

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The historical data trend for SPO Networks'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.

SPO Networks Change In Receivables Chart

SPO Networks Annual Data
Trend Dec01 Dec02 May04 May05
Change In Receivables
0.00 0.00 -0.03 0.03

SPO Networks Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06
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 0.11 -0.06 -0.11 -0.07 0.02

SPO Networks 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 May. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.23 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 $-0.23 Mil mean?
SPO Networks (SPOI) has a Change In Receivables of $-0.23 Mil as of May. 2006. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SPO Networks and its competitors.
Is SPO Networks' Change In Receivables too high?
SPO Networks' current Change In Receivables is $-0.23 Mil.
How does SPO Networks' Change In Receivables compare to GKIT and GPVRF?
SPO Networks' Change In Receivables of $-0.23 Mil can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Change In Receivables depends on the Diversified Financial 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 SPO Networks and its competitors. SPO Networks's current Change In Receivables is $-0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPO Networks stock overvalued right now?
SPO Networks (SPOI) has a current Change In Receivables of $-0.23 Mil. The current Change In Receivables is $-0.23 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 SPO Networks (SPOI), the current Change In Receivables is $-0.23 Mil as of May. 2006. 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.

SPO Networks Business Description

Address P.O. Box 600, Farmington, AR, USA, 72730
SPO Networks Inc is engaged in exploring potential acquisitions and opportunities in diversified industries, including performing and non-performing bank loans, coffee retailing and roasting, solid waste and recycling, general contracting, construction, and demolition with special waste remediation.