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Fantex (Fantex) Change In Receivables : $0.00 Mil (TTM As of Sep. 2016)


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What is Fantex Change In Receivables?

Fantex's change in receivables for the quarter that ended in Sep. 2016 was $0.00 Mil. It means Fantex's Accounts Receivable stayed the same from Jun. 2016 to Sep. 2016 .

Fantex's change in receivables for the fiscal year that ended in Dec. 2015 was $0.00 Mil. It means Fantex's Accounts Receivable stayed the same from Dec. 2014 to Dec. 2015 .

Fantex's Accounts Receivable for the quarter that ended in Sep. 2016 was $1.38 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. Fantex's Days Sales Outstanding for the three months ended in Sep. 2016 was 19.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fantex's liquidation value for the three months ended in Sep. 2016 was $4.19 Mil.


Fantex Change In Receivables Historical Data

The historical data trend for Fantex'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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Fantex Change In Receivables Chart

Fantex Annual Data
Trend Dec13 Dec14 Dec15
Change In Receivables
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Fantex Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Fantex 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which 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.


Fantex  (GREY:VNDSL) 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.

Fantex's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.377/6.539*91
=19.22

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

Fantex's liquidation value for the quarter that ended in Sep. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.229-0.071+0.75 * 1.377+0.5 * 0
=4.19

* 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.


Fantex Change In Receivables Related Terms

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Fantex (Fantex) Business Description

Traded in Other Exchanges
N/A
Address
330 Townsend Street, Suite 234, San Francisco, CA, USA, 94107
Fantex Inc is a marketing services provider in the United States. Its range of operations covers brand acquisition, marketing and brand development in the interest of professional athletes, entertainers, and other high-profile individuals. Fantex's strategy revolves around 3 pillars; Evaluation, Acquisition, and Enhancement. Evaluation is the analysis done before the company enters a brand agreement. Acquisition relates to the initial steps of acquiring a brand such as negotiation of brand price etc and Enhancing Brand Value is where the company builds a portfolio of brands and enhances them with the help of technology and data applications.

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