SSCFF (SmartCool Systems) Change In Receivables: $0.20 Mil (TTM As of Sep. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SSCFF SmartCool Systems Inc SSCFF
12 GF Score
Price $0.00
View Full Analysis

What is SmartCool Systems Change In Receivables?

SmartCool Systems SSCFF -98.33% 12 Change In Receivables is $0.20 Mil as of Sep. 2019. GuruFocus rates SSCFF with a GF Score™ of 12/100.

SmartCool Systems's change in receivables for the quarter that ended in Sep. 2019 was $0.01 Mil. It means SmartCool Systems's Accounts Receivable declined by $0.01 Mil from Jun. 2019 to Sep. 2019 .

SmartCool Systems's change in receivables for the fiscal year that ended in Dec. 2017 was $-0.18 Mil. It means SmartCool Systems's Accounts Receivable increased by $0.18 Mil from Dec. 2016 to Dec. 2017 .

SmartCool Systems's Accounts Receivable for the quarter that ended in Sep. 2019 was $0.21 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. SmartCool Systems's Days Sales Outstanding for the three months ended in Sep. 2019 was 34.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SmartCool Systems's liquidation value for the three months ended in Sep. 2019 was $-2.38 Mil.

SmartCool Systems  (OTCPK:SSCFF) 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.

SmartCool Systems's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.205/0.55*91
=34.01

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

SmartCool Systems's liquidation value for the quarter that ended in Sep. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.071-2.735+0.75 * 0.205+0.5 * 0.264
=-2.38

* 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.

SmartCool Systems Change In Receivables Related Terms

SmartCool Systems Change In Receivables Historical Data

* Premium members only.

The historical data trend for SmartCool Systems'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.

SmartCool Systems Change In Receivables Chart

SmartCool Systems Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.09 -0.24 0.20 -0.18

SmartCool Systems Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Mar19 Jun19 Sep19
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 Premium Member Only Premium Member Only 0.02 -0.05 -0.04 0.23 0.01
SSCFF
12GF Score
SmartCool Systems Inc SSCFF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SmartCool Systems 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.20 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 $0.20 Mil mean?
SmartCool Systems (SSCFF) has a Change In Receivables of $0.20 Mil as of Sep. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SmartCool Systems and its competitors.
Is SmartCool Systems' Change In Receivables too high?
SmartCool Systems' current Change In Receivables is $0.20 Mil. Overall, SmartCool Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SmartCool Systems' Change In Receivables compare to HUBB?
SmartCool Systems' Change In Receivables of $0.20 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 SmartCool Systems and its competitors. SmartCool Systems's current Change In Receivables is $0.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartCool Systems stock overvalued right now?
SmartCool Systems (SSCFF) has a current Change In Receivables of $0.20 Mil. The current Change In Receivables is $0.20 Mil. SmartCool Systems' overall GF Score™ is 12/100. 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 SmartCool Systems (SSCFF), the current Change In Receivables is $0.20 Mil as of Sep. 2019. 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.

SmartCool Systems Business Description

Address 12 - 1350 W. 14th Avenue, Vancouver, BC, CAN, V6H 1R1
SmartCool Systems Inc is a clean technology company. The firm and its subsidiaries are focused on acquiring, commercializing, and marketing energy-saving technologies for commercial and retail businesses. The company has two principal revenue streams namely ESM and ECO3. The ESM is manufactured by a third party in Australia and is designed specifically to reduce the electricity consumption and demand for refrigeration and air conditioning compressors by improving their performance and maintaining temperature control. ECO3 is manufactured in China and is a retrofit product that can be installed on any air conditioning or refrigeration unit, achieving energy efficiency gains as the ESM for smaller systems. The firm generates most of its revenue from Europe, the Middle East, and Africa.
12GF Score

Get the complete analysis for SSCFF

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price