Everybody Loves Languages (TSXV:ELL) Change In Receivables : C$-0.80 Mil (TTM As of Sep. 2021)

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What is Everybody Loves Languages Change In Receivables?

Everybody Loves Languages's change in receivables for the quarter that ended in Sep. 2021 was C$0.18 Mil. It means Everybody Loves Languages's Accounts Receivable declined by C$0.18 Mil from Jun. 2021 to Sep. 2021 .

Everybody Loves Languages's change in receivables for the fiscal year that ended in Dec. 2020 was C$-0.17 Mil. It means Everybody Loves Languages's Accounts Receivable increased by C$0.17 Mil from Dec. 2019 to Dec. 2020 .

Everybody Loves Languages's Accounts Receivable for the quarter that ended in Sep. 2021 was C$0.85 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. Everybody Loves Languages's Days Sales Outstanding for the three months ended in Sep. 2021 was 474.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Everybody Loves Languages's liquidation value for the three months ended in Sep. 2021 was C$1.32 Mil.

Everybody Loves Languages Change In Receivables Historical Data

The historical data trend for Everybody Loves Languages'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.

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Everybody Loves Languages Change In Receivables Chart

Everybody Loves Languages Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Receivables

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-1.08

1.43

0.06

0.08

-0.17

Everybody Loves Languages Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Change In Receivables	Get a 7-Day Free Trial															0.73	-0.76	0.59	-0.80	0.18

Everybody Loves Languages 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.80 Mil.

Everybody Loves Languages (TSXV:ELL) 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.

Everybody Loves Languages's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.848	/	0.163	*	91
=	474.72

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

Everybody Loves Languages's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.185	-	0.504	+	0.75 * 0.848	+	0.5 * 0
=	1.32

Everybody Loves Languages Change In Receivables Related Terms

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Everybody Loves Languages (TSXV:ELL) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Everybody Loves Languages Corp (TSXV:ELL) » Definitions » Change In Receivables

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Address

20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8

Website

https://www.elltechnologies.com

Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

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