TCCO (Technical Communications) Change In Receivables: $0.53 Mil (TTM As of Jun. 2023)

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TCCO Technical Communications Corp TCCO
12 GF Score
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What is Technical Communications Change In Receivables?

Technical Communications TCCO -66.67% 12 Change In Receivables is $0.53 Mil as of Jun. 2023. GuruFocus rates TCCO with a GF Score™ of 12/100.

Technical Communications's change in receivables for the quarter that ended in Jun. 2023 was $0.13 Mil. It means Technical Communications's Accounts Receivable declined by $0.13 Mil from Mar. 2023 to Jun. 2023 .

Technical Communications's change in receivables for the fiscal year that ended in Sep. 2022 was $0.27 Mil. It means Technical Communications's Accounts Receivable declined by $0.27 Mil from Sep. 2021 to Sep. 2022 .

Technical Communications's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.01 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. Technical Communications's Days Sales Outstanding for the three months ended in Jun. 2023 was 36.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Technical Communications's liquidation value for the three months ended in Jun. 2023 was $-4.84 Mil.

Technical Communications  (OTCPK:TCCO) 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.

Technical Communications's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.014/0.035*91
=36.50

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

Technical Communications's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.045-5.513+0.75 * 0.014+0.5 * 1.241
=-4.84

* 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.

Technical Communications Change In Receivables Related Terms

Technical Communications Change In Receivables Historical Data

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The historical data trend for Technical 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.

Technical Communications Change In Receivables Chart

Technical Communications Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.43 -0.01 -0.15 0.27

Technical Communications Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.37 0.01 0.03 0.35 0.13
TCCO
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Technical Communications Corp TCCO
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Technical 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.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.53 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 $0.53 Mil mean?
Technical Communications (TCCO) has a Change In Receivables of $0.53 Mil as of Jun. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Technical Communications and its competitors.
Is Technical Communications' Change In Receivables too high?
Technical Communications' current Change In Receivables is $0.53 Mil. Overall, Technical Communications has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Technical Communications' Change In Receivables compare to CASSQ and TPTW?
Technical Communications' Change In Receivables of $0.53 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Receivables depends on the Hardware 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 Technical Communications and its competitors. Technical Communications's current Change In Receivables is $0.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Communications stock overvalued right now?
Technical Communications (TCCO) has a current Change In Receivables of $0.53 Mil. The current Change In Receivables is $0.53 Mil. Technical Communications' 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 Technical Communications (TCCO), the current Change In Receivables is $0.53 Mil as of Jun. 2023. 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.

Technical Communications Business Description

Address 100 Domino Drive, Concord, MA, USA, 01742-2892
Technical Communications Corp designs, develops, manufactures, distributes, and markets communications security equipment. The company produces and supplies several custom-designed, special-purpose, and standard secure communications products for both domestic and international customers. Its products consist of voice, data, facsimile encryptors and video networks for military, government and corporate/industrial applications. In addition to product sales, it generates revenues from contract engineering services for certain government agencies, domestic and foreign, and commercial entities.
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