Umax Group (Umax Group) Change In Receivables : $0.00 Mil (TTM As of Apr. 2018)

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What is Umax Group Change In Receivables?

Umax Group's change in receivables for the quarter that ended in Apr. 2018 was $0.00 Mil. It means Umax Group's Accounts Receivable stayed the same from Apr. 2017 to Apr. 2018 .

Umax Group's change in receivables for the fiscal year that ended in Apr. 2018 was $0.00 Mil. It means Umax Group's Accounts Receivable stayed the same from Apr. 2017 to Apr. 2018 .

Umax Group's Accounts Receivable for the quarter that ended in Apr. 2018 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. Umax Group's Days Sales Outstanding for the six months ended in Apr. 2018 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. Umax Group's liquidation value for the six months ended in Apr. 2018 was $-0.09 Mil.

Umax Group Change In Receivables Historical Data

The historical data trend for Umax 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.

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Umax Group Change In Receivables Chart

Umax Group Annual Data

Trend

Apr12

Apr13

Apr17

Apr18

Change In Receivables

Umax Group Semi-Annual Data
	Apr12	Apr13	Apr17	Apr18
Change In Receivables	-	-	-	-

Umax 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 Apr. 2018 was $0.00 Mil.

Umax Group (OTCPK:UMAX) 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.

Umax Group's Days Sales Outstanding for the quarter that ended in Apr. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.004	*	91
=	0.00

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

Umax Group's liquidation value for the quarter that ended in Apr. 2018 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0.093	+	0.75 * 0	+	0.5 * 0
=	-0.09

Umax Group Change In Receivables Related Terms

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Umax Group (Umax Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Umax Group Corp (OTCPK:UMAX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 Bay Street, Los Angeles, CA, USA, 90012

Website

https://www.umaxgrpcorp.com

Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.