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Tongxin International (Tongxin International) Change In Receivables : $0.00 Mil (TTM As of Dec. 2010)


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What is Tongxin International Change In Receivables?

Tongxin International's change in receivables for the quarter that ended in Dec. 2010 was $0.00 Mil. It means Tongxin International's Accounts Receivable stayed the same from Dec. 2009 to Dec. 2010 .

Tongxin International's change in receivables for the fiscal year that ended in Dec. 2010 was $0.00 Mil. It means Tongxin International's Accounts Receivable stayed the same from Dec. 2009 to Dec. 2010 .

Tongxin International's Accounts Receivable for the quarter that ended in Dec. 2010 was $13.19 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. Tongxin International's Days Sales Outstanding for the six months ended in Dec. 2010 was 22.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tongxin International's liquidation value for the six months ended in Dec. 2010 was $-39.38 Mil.


Tongxin International Change In Receivables Historical Data

The historical data trend for Tongxin International'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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Tongxin International Change In Receivables Chart

Tongxin International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec14
Change In Receivables
Get a 7-Day Free Trial -14.68 9.73 15.84 - -

Tongxin International Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec14
Change In Receivables Get a 7-Day Free Trial -14.68 9.73 15.84 - -

Tongxin International 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 Dec. 2010 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.


Tongxin International  (OTCPK:TXIC) 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.

Tongxin International's Days Sales Outstanding for the quarter that ended in Dec. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.191/106.461*91
=22.61

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

Tongxin International's liquidation value for the quarter that ended in Dec. 2010 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9.935-72.918+0.75 * 13.191+0.5 * 27.425
=-39.38

* 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.


Tongxin International Change In Receivables Related Terms

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Tongxin International (Tongxin International) Business Description

Traded in Other Exchanges
N/A
Address
Hunan Tongxin, Changsha, Hunan Province, Jiangbei, CHN, 410135
Tongxin International Ltd is an independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Further, the company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process.

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