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Taylor Devices's change in receivables for the quarter that ended in Feb. 2024 was $-3.63 Mil. It means Taylor Devices's Accounts Receivable increased by $3.63 Mil from Nov. 2023 to Feb. 2024 .
Taylor Devices's change in receivables for the fiscal year that ended in May. 2023 was $-1.90 Mil. It means Taylor Devices's Accounts Receivable increased by $1.90 Mil from May. 2022 to May. 2023 .
Taylor Devices's Accounts Receivable for the quarter that ended in Feb. 2024 was $4.89 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. Taylor Devices's Days Sales Outstanding for the three months ended in Feb. 2024 was 36.39.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Taylor Devices's liquidation value for the three months ended in Feb. 2024 was $24.67 Mil.
The historical data trend for Taylor Devices'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.
Taylor Devices Annual Data | |||||||||||||||||||||
Trend | May14 | May15 | May16 | May17 | May18 | May19 | May20 | May21 | May22 | May23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -0.56 | 5.28 | 1.82 | -2.18 | -1.90 |
Taylor Devices Quarterly Data | ||||||||||||||||||||
May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | |
Change In Receivables | Get a 7-Day Free Trial | -1.10 | 2.64 | 0.89 | 3.00 | -3.63 |
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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.89 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.
Taylor Devices (NAS:TAYD) 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.
Taylor Devices's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 4.887 | / | 12.254 | * | 91 |
= | 36.39 |
2. In Ben Graham's calculation of liquidation value, Taylor Devices's accounts receivable are only considered to be worth 75% of book value:
Taylor Devices's liquidation value for the quarter that ended in Feb. 2024 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 24.624 | - | 6.956 | + | 0.75 * 4.887 | + | 0.5 * 6.678 |
= | 24.67 |
* 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.
Thank you for viewing the detailed overview of Taylor Devices's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Ira Sochet | 10 percent owner | 24 NORTH PINE CIRCLE, BELLEAIR FL 33756 |
Timothy John Sopko | director, officer: CHIEF EXECUTIVE OFFICER | 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120 |
Paul Murray Heary | officer: Chief Financial Officer | TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120 |
Robert Michael Carey | director | 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120 |
Alan Raymond Klembczyk | director, officer: PRESIDENT | 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120 |
Fritz Eric Armenat | director | 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120 |
Randall L Clark | director | 475 CAYUGA ROAD, CHEEKTOWAGA NY 14225 |
Mark V Mcdonough | officer: Chief Financial Officer | 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120 |
Douglas P Taylor | director, officer: President | 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748 |
John Burgess | director | 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120 |
Donald B Hofmar | director | TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748 |
Richard G Hill | director, officer: Vice President | 90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748 |
Newman Reginald B Ii | director | PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225 |
Joseph P Gastel | director, officer: Secretary | |
Baird Foundation Cameron | 10 percent owner | C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202 |
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