Western Capital Resources (Western Capital Resources) Change In Receivables : $-1.2 Mil (TTM As of Mar. 2022)

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What is Western Capital Resources Change In Receivables?

Western Capital Resources's change in receivables for the quarter that ended in Mar. 2022 was $-2.0 Mil. It means Western Capital Resources's Accounts Receivable increased by $2.0 Mil from Dec. 2021 to Mar. 2022 .

Western Capital Resources's change in receivables for the fiscal year that ended in Dec. 2021 was $0.2 Mil. It means Western Capital Resources's Accounts Receivable declined by $0.2 Mil from Dec. 2020 to Dec. 2021 .

Western Capital Resources's Accounts Receivable for the quarter that ended in Mar. 2022 was $3.4 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. Western Capital Resources's Days Sales Outstanding for the three months ended in Mar. 2022 was 6.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Western Capital Resources's liquidation value for the three months ended in Mar. 2022 was $28.7 Mil.

Western Capital Resources Change In Receivables Historical Data

The historical data trend for Western Capital Resources'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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Western Capital Resources Change In Receivables Chart

Western Capital Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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0.06

0.47

0.25

1.17

0.17

Western Capital Resources 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															-0.60	0.94	-0.75	0.57	-1.96

Western Capital Resources 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 $-1.2 Mil.

Western Capital Resources (OTCPK:WCRS) 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.

Western Capital Resources's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.424	/	46.453	*	91
=	6.73

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

Western Capital Resources'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)
=	57.634	-	39.81	+	0.75 * 3.424	+	0.5 * 16.531
=	28.7

Western Capital Resources Change In Receivables Related Terms

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Western Capital Resources (Western Capital Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Western Capital Resources Inc (OTCPK:WCRS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

11550 I Street, Suite 150, Omaha, NE, USA, 68137

Website

https://www.westerncapitalresources.com

Western Capital Resources Inc is a direct marketer of roses, plants, seeds, holiday gifts, and home restoration products. It operates thorough Cellular Retail, Direct to Consumer and Consumer Finance segments. The Cellular Retail segment, which is the key revenue driver, comprises an authorized Cricket Wireless dealer and involves the retail sale of cellular phones and accessories to consumers. The Direct to Consumer segment consists of online and direct marketing retailers. The Consumer Finance segment consists of retail financial services. All the business activity functions through Canada.

Executives

Angel Donchev	officer: Chief Financial Officer	5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Jack Myers	director	5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Richard Edward Miller	director	11550 I STREET, SUITE 150, OMAHA NE 68137
Lawrence S. Berger	director	5425 WISCONSIN AVE, SUITE 701, CHEVY CHASE MD 20815
John Quandahl	officer: Chief Operating Officer	9449 SCIENCE CENTER DRIVE, NEW HOPE MN 55428
Kuby Kevin Morgan Paul	director	5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Bc Alpha Holdings I, Llc	10 percent owner	5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Gay A Burke	director	C/O WESTERN CAPITAL RESOURCES INC., 11550 "I" STREET, SUITE 150, OMAHA NE 68137
Wcr, Llc	10 percent owner	5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Steve Irlbeck	officer: Chief Financial Officer	11550 I STREET, SUITE 150, OMAHA NE 68137
Thomas H Ripley	director	C/O WESTERN CAPITAL RESOURCES, INC., 11550 I STREET, SUITE 150, OMAHA NE 68137
Douglas Michael Polinsky	10 percent owner	130 LAKE ST. WEST, WAYZATA MN 55391
Geraci Joseph Anthony Ii	10 percent owner	900 IDS CENTER, 80 S. EIGHT STREET, MINNEAPOLOS MN 55402
Ellery Roberts	director	590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Chapin Aldus H Ii	director	5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815

Western Capital Resources (Western Capital Resources) Headlines

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