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SheerVision (SheerVision) Change In Receivables : $0.03 Mil (TTM As of May. 2010)


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What is SheerVision Change In Receivables?

SheerVision's change in receivables for the quarter that ended in May. 2010 was $0.04 Mil. It means SheerVision's Accounts Receivable declined by $0.04 Mil from Feb. 2010 to May. 2010 .

SheerVision's change in receivables for the fiscal year that ended in Aug. 2009 was $0.14 Mil. It means SheerVision's Accounts Receivable declined by $0.14 Mil from Aug. 2008 to Aug. 2009 .

SheerVision's Accounts Receivable for the quarter that ended in May. 2010 was $0.14 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. SheerVision's Days Sales Outstanding for the three months ended in May. 2010 was 13.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SheerVision's liquidation value for the three months ended in May. 2010 was $-1.33 Mil.


SheerVision Change In Receivables Historical Data

The historical data trend for SheerVision'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.

SheerVision Change In Receivables Chart

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.04 0.02 -0.35 0.14

SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 -0.09 0.17 -0.08 0.04

SheerVision 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. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.03 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.


SheerVision  (OTCPK:SVSO) 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.

SheerVision's Days Sales Outstanding for the quarter that ended in May. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.136/0.951*91
=13.05

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

SheerVision's liquidation value for the quarter that ended in May. 2010 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-1.658+0.75 * 0.136+0.5 * 0.458
=-1.33

* 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.


SheerVision Change In Receivables Related Terms

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SheerVision (SheerVision) Business Description

Traded in Other Exchanges
N/A
Address
4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.

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