UMAX (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 UMAX Change In Receivables is $0.00 Mil as of Apr. 2018.

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  (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

* 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.

Umax Group Change In Receivables Related Terms

Umax Group Change In Receivables Historical Data

* Premium members only.

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.

Umax Group Change In Receivables Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
Change In Receivables
0.00 0.00 0.00 0.00

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
Change In Receivables 0.00 0.00 0.00 0.00

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.

* 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 $0.00 Mil mean?
Umax Group (UMAX) has a Change In Receivables of $0.00 Mil as of Apr. 2018. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Umax Group and its competitors.
Is Umax Group's Change In Receivables too high?
Umax Group's current Change In Receivables is $0.00 Mil.
How does Umax Group's Change In Receivables compare to CSSEQ and NFLX?
Umax Group's Change In Receivables of $0.00 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 Umax Group and its competitors. Umax Group's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Umax Group stock overvalued right now?
Umax Group (UMAX) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 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 Umax Group (UMAX), the current Change In Receivables is $0.00 Mil as of Apr. 2018. 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.

Umax Group Business Description

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