TSPG (TGI Solar Power Group) Change In Receivables: $0.00 Mil (TTM As of Jul. 2023)

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What is TGI Solar Power Group Change In Receivables?

TGI Solar Power Group TSPG +10.00% Change In Receivables is $0.00 Mil as of Jul. 2023.

TGI Solar Power Group's change in receivables for the quarter that ended in Jul. 2023 was $0.00 Mil. It means TGI Solar Power Group's Accounts Receivable stayed the same from Jul. 2022 to Jul. 2023 .

TGI Solar Power Group's change in receivables for the fiscal year that ended in Jul. 2023 was $0.00 Mil. It means TGI Solar Power Group's Accounts Receivable stayed the same from Jul. 2022 to Jul. 2023 .

TGI Solar Power Group's Accounts Receivable for the quarter that ended in Jul. 2023 was $0.00 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. TGI Solar Power Group's Days Sales Outstanding for the six months ended in Jul. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TGI Solar Power Group's liquidation value for the six months ended in Jul. 2023 was $-1.01 Mil.

TGI Solar Power Group  (OTCPK:TSPG) 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.

TGI Solar Power Group's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.023*91
=0.00

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

TGI Solar Power Group's liquidation value for the quarter that ended in Jul. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-1.009+0.75 * 0+0.5 * 0
=-1.01

* 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.

TGI Solar Power Group Change In Receivables Related Terms

TGI Solar Power Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for TGI Solar Power Group'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.

TGI Solar Power Group Change In Receivables Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Change In Receivables
0.00 -0.02 0.00 0.00 0.00

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Change In Receivables 0.00 -0.02 0.00 0.00 0.00

TGI Solar Power Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jul. 2023 was $0.00 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 $0.00 Mil mean?
TGI Solar Power Group (TSPG) has a Change In Receivables of $0.00 Mil as of Jul. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for TGI Solar Power Group and its competitors.
Is TGI Solar Power Group's Change In Receivables too high?
TGI Solar Power Group's current Change In Receivables is $0.00 Mil.
How does TGI Solar Power Group's Change In Receivables compare to ASTI and PTOS?
TGI Solar Power Group's Change In Receivables of $0.00 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Change In Receivables depends on the Semiconductors 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 TGI Solar Power Group and its competitors. TGI Solar Power Group's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 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 TGI Solar Power Group (TSPG), the current Change In Receivables is $0.00 Mil as of Jul. 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.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.