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Terra Systems (Terra Systems) Change In Receivables : $0.02 Mil (TTM As of Mar. 2008)


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What is Terra Systems Change In Receivables?

Terra Systems's change in receivables for the quarter that ended in Mar. 2008 was $0.00 Mil. It means Terra Systems's Accounts Receivable declined by $0.00 Mil from Dec. 2007 to Mar. 2008 .

Terra Systems's change in receivables for the fiscal year that ended in Dec. 2007 was $0.00 Mil. It means Terra Systems's Accounts Receivable stayed the same from Dec. 2006 to Dec. 2007 .

Terra Systems's Accounts Receivable for the quarter that ended in Mar. 2008 was $0.20 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Terra Systems's liquidation value for the three months ended in Mar. 2008 was $-1.89 Mil.


Terra Systems Change In Receivables Historical Data

The historical data trend for Terra Systems'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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Terra Systems Change In Receivables Chart

Terra Systems Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Change In Receivables
Get a 7-Day Free Trial Premium Member Only - - - - -

Terra Systems Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
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 -0.02 -0.01 0.02 - -

Terra Systems 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 Mar. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 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.


Terra Systems  (GREY:TSYI) 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.

Terra Systems's Days Sales Outstanding for the quarter that ended in Mar. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.2/0*91
=

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

Terra Systems's liquidation value for the quarter that ended in Mar. 2008 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.027-2.062+0.75 * 0.2+0.5 * 0
=-1.89

* 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.


Terra Systems Change In Receivables Related Terms

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Terra Systems (Terra Systems) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 212, Helper, UT, USA, 84526
Website
Terra Systems Inc is a development stage company whose main business purpose is the development and commercialization of a pneumatic conveyance system to handle materials in a bulk state.

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