TOOD (Thermwood) Change In Receivables: $0.32 Mil (TTM As of Jul. 2001)

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What is Thermwood Change In Receivables?

Thermwood TOOD Change In Receivables is $0.32 Mil as of Jul. 2001.

Thermwood's change in receivables for the quarter that ended in Jul. 2001 was $-0.53 Mil. It means Thermwood's Accounts Receivable increased by $0.53 Mil from Apr. 2001 to Jul. 2001 .

Thermwood's change in receivables for the fiscal year that ended in Jul. 2001 was $0.32 Mil. It means Thermwood's Accounts Receivable declined by $0.32 Mil from Jul. 2000 to Jul. 2001 .

Thermwood's Accounts Receivable for the quarter that ended in Jul. 2001 was $1.76 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. Thermwood's Days Sales Outstanding for the three months ended in Jul. 2001 was 27.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Thermwood's liquidation value for the three months ended in Jul. 2001 was $-4.55 Mil.

Thermwood  (OTCPK:TOOD) 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.

Thermwood's Days Sales Outstanding for the quarter that ended in Jul. 2001 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.76/5.741*91
=27.97

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

Thermwood's liquidation value for the quarter that ended in Jul. 2001 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.079-8.7+0.75 * 1.76+0.5 * 5.494
=-4.55

* 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.

Thermwood Change In Receivables Related Terms

Thermwood Change In Receivables Historical Data

* Premium members only.

The historical data trend for Thermwood'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.

Thermwood Change In Receivables Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.00 0.10 -0.20 -0.23 0.32

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
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 1.12 0.15 0.27 0.44 -0.53

Thermwood 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 Jul. 2001 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.32 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 $0.32 Mil mean?
Thermwood (TOOD) has a Change In Receivables of $0.32 Mil as of Jul. 2001. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Thermwood and its competitors.
Is Thermwood's Change In Receivables too high?
Thermwood's current Change In Receivables is $0.32 Mil.
How does Thermwood's Change In Receivables compare to EVTN and NRBT?
Thermwood's Change In Receivables of $0.32 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 Thermwood and its competitors. Thermwood's current Change In Receivables is $0.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermwood stock overvalued right now?
Thermwood (TOOD) has a current Change In Receivables of $0.32 Mil. The current Change In Receivables is $0.32 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 Thermwood (TOOD), the current Change In Receivables is $0.32 Mil as of Jul. 2001. 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.

Thermwood Business Description

Address 904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.