TCHC (Tech Central) Change In Receivables: $0.01 Mil (TTM As of Sep. 2019)

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What is Tech Central Change In Receivables?

Tech Central TCHC -99.50% Change In Receivables is $0.01 Mil as of Sep. 2019.

Tech Central's change in receivables for the quarter that ended in Sep. 2019 was $0.00 Mil. It means Tech Central's Accounts Receivable stayed the same from Jun. 2019 to Sep. 2019 .

Tech Central's change in receivables for the fiscal year that ended in Dec. 2018 was $-0.01 Mil. It means Tech Central's Accounts Receivable increased by $0.01 Mil from Dec. 2017 to Dec. 2018 .

Tech Central's Accounts Receivable for the quarter that ended in Sep. 2019 was $0.02 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. Tech Central's Days Sales Outstanding for the three months ended in Sep. 2019 was 97.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tech Central's liquidation value for the three months ended in Sep. 2019 was $-0.81 Mil.

Tech Central  (OTCPK:TCHC) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.015/0.014*91
=97.77

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

Tech Central'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)
=0.091-0.91+0.75 * 0.015+0.5 * 0
=-0.81

* 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.

Tech Central Change In Receivables Related Terms

Tech Central Change In Receivables Historical Data

* Premium members only.

The historical data trend for Tech Central'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.

Tech Central Change In Receivables Chart

Tech Central Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Change In Receivables
-0.03 -0.03 0.04 -0.01

Tech Central Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 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 0.00 0.01 -0.01 0.01 0.00

Tech Central 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 $0.01 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 $0.01 Mil mean?
Tech Central (TCHC) has a Change In Receivables of $0.01 Mil as of Sep. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tech Central and its competitors.
Is Tech Central's Change In Receivables too high?
Tech Central's current Change In Receivables is $0.01 Mil.
How does Tech Central's Change In Receivables compare to HLWD and WRIT?
Tech Central's Change In Receivables of $0.01 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Change In Receivables depends on the Media - Diversified 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 Tech Central and its competitors. Tech Central's current Change In Receivables is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech Central stock overvalued right now?
Tech Central (TCHC) has a current Change In Receivables of $0.01 Mil. The current Change In Receivables is $0.01 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 Tech Central (TCHC), the current Change In Receivables is $0.01 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.

Tech Central Business Description

Address 43537 Ridge Park Drive, Abundance Building, Temecula, CA, USA, 92590
Tech Central Inc is active in the multi-media industry in the United States. Its business involves assisting its clients in website content development, especially video shots and photography. It produces high-quality video content for corporate interviews, applications and celebrity endorsements. In addition, it offers ad copywriting and voiceovers. The company's major revenue component is the fees earned from movies and commercial video work offered to its customers in the United States.