WAYS (Wave Sync) Change In Receivables: $-0.06 Mil (TTM As of Mar. 2022)

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WAYS Wave Sync Corp WAYS
12 GF Score
Price $4.48
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What is Wave Sync Change In Receivables?

Wave Sync WAYS 12 Change In Receivables is $-0.06 Mil as of Mar. 2022. GuruFocus rates WAYS with a GF Score™ of 12/100.

Wave Sync's change in receivables for the quarter that ended in Mar. 2022 was $-0.03 Mil. It means Wave Sync's Accounts Receivable increased by $0.03 Mil from Dec. 2021 to Mar. 2022 .

Wave Sync's change in receivables for the fiscal year that ended in Dec. 2021 was $-0.02 Mil. It means Wave Sync's Accounts Receivable increased by $0.02 Mil from Dec. 2020 to Dec. 2021 .

Wave Sync's Accounts Receivable for the quarter that ended in Mar. 2022 was $0.08 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. Wave Sync's Days Sales Outstanding for the three months ended in Mar. 2022 was 8.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wave Sync's liquidation value for the three months ended in Mar. 2022 was $-3.42 Mil.

Wave Sync  (OTCPK:WAYS) 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.

Wave Sync's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.077/0.789*91
=8.91

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

Wave Sync's liquidation value for the quarter that ended in Mar. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.556-4.037+0.75 * 0.077+0.5 * 0.002
=-3.42

* 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.

Wave Sync Change In Receivables Related Terms

Wave Sync Change In Receivables Historical Data

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The historical data trend for Wave Sync'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.

Wave Sync Change In Receivables Chart

Wave Sync Annual Data
Trend Jun09 Jun10 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.00 0.01 0.00 0.00 -0.02

Wave Sync Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -0.03 0.00 0.00 -0.03
WAYS
12GF Score
Wave Sync Corp WAYS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Wave Sync 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 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 $-0.06 Mil mean?
Wave Sync (WAYS) has a Change In Receivables of $-0.06 Mil as of Mar. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Wave Sync and its competitors.
Is Wave Sync's Change In Receivables too high?
Wave Sync's current Change In Receivables is $-0.06 Mil. Overall, Wave Sync has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wave Sync's Change In Receivables compare to GWII and CNTQ?
Wave Sync's Change In Receivables of $-0.06 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Change In Receivables depends on the Diversified Financial Services 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 Wave Sync and its competitors. Wave Sync's current Change In Receivables is $-0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Sync stock overvalued right now?
Wave Sync (WAYS) has a current Change In Receivables of $-0.06 Mil. The current Change In Receivables is $-0.06 Mil. Wave Sync's overall GF Score™ is 12/100. 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 Wave Sync (WAYS), the current Change In Receivables is $-0.06 Mil as of Mar. 2022. 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.

Wave Sync Business Description

Address 19 West 44th Street, Suite 1001, New York, NY, USA, 10036
Wave Sync Corp is a shell company.
12GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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