ULSP (Ultimate Sports Entertainment) Change In Receivables: $-0.01 Mil (TTM As of Oct. 2002)

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What is Ultimate Sports Entertainment Change In Receivables?

Ultimate Sports Entertainment ULSP Change In Receivables is $-0.01 Mil as of Oct. 2002.

Ultimate Sports Entertainment's change in receivables for the quarter that ended in Oct. 2002 was $0.02 Mil. It means Ultimate Sports Entertainment's Accounts Receivable declined by $0.02 Mil from Jul. 2002 to Oct. 2002 .

Ultimate Sports Entertainment's change in receivables for the fiscal year that ended in Jan. 2002 was $-0.01 Mil. It means Ultimate Sports Entertainment's Accounts Receivable increased by $0.01 Mil from Jan. 2001 to Jan. 2002 .

Ultimate Sports Entertainment's Accounts Receivable for the quarter that ended in Oct. 2002 was $0.01 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. Ultimate Sports Entertainment's Days Sales Outstanding for the three months ended in Oct. 2002 was 2.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ultimate Sports Entertainment's liquidation value for the three months ended in Oct. 2002 was $-2.92 Mil.

Ultimate Sports Entertainment  (OTCPK:ULSP) 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.

Ultimate Sports Entertainment's Days Sales Outstanding for the quarter that ended in Oct. 2002 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.009/0.391*91
=2.10

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

Ultimate Sports Entertainment's liquidation value for the quarter that ended in Oct. 2002 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-2.927+0.75 * 0.009+0.5 * 0.006
=-2.92

* 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.

Ultimate Sports Entertainment Change In Receivables Related Terms

Ultimate Sports Entertainment Change In Receivables Historical Data

* Premium members only.

The historical data trend for Ultimate Sports Entertainment'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.

Ultimate Sports Entertainment Change In Receivables Chart

Ultimate Sports Entertainment Annual Data
Trend Jan00 Jan01 Jan02
Change In Receivables
-0.00 0.00 -0.01

Ultimate Sports Entertainment Quarterly Data
Jan00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 -0.00 -0.00 -0.03 0.02

Ultimate Sports Entertainment 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 Oct. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
Ultimate Sports Entertainment (ULSP) has a Change In Receivables of $-0.01 Mil as of Oct. 2002. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ultimate Sports Entertainment and its competitors.
Is Ultimate Sports Entertainment's Change In Receivables too high?
Ultimate Sports Entertainment's current Change In Receivables is $-0.01 Mil.
How does Ultimate Sports Entertainment's Change In Receivables compare to GPIW and FRLF?
Ultimate Sports Entertainment's Change In Receivables of $-0.01 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Change In Receivables depends on the Media - Diversified 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 Ultimate Sports Entertainment and its competitors. Ultimate Sports Entertainment's current Change In Receivables is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Sports Entertainment stock overvalued right now?
Ultimate Sports Entertainment (ULSP) has a current Change In Receivables of $-0.01 Mil. The current Change In Receivables is $-0.01 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 Ultimate Sports Entertainment (ULSP), the current Change In Receivables is $-0.01 Mil as of Oct. 2002. 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.

Ultimate Sports Entertainment Business Description