WELX (Winland Holdings) Change In Receivables: $0.01 Mil (TTM As of Jun. 2017)

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What is Winland Holdings Change In Receivables?

Winland Holdings WELX -0.74% Change In Receivables is $0.01 Mil as of Jun. 2017.

Winland Holdings's change in receivables for the quarter that ended in Jun. 2017 was $0.04 Mil. It means Winland Holdings's Accounts Receivable declined by $0.04 Mil from Mar. 2017 to Jun. 2017 .

Winland Holdings's change in receivables for the fiscal year that ended in Dec. 2016 was $0.04 Mil. It means Winland Holdings's Accounts Receivable declined by $0.04 Mil from Dec. 2015 to Dec. 2016 .

Winland Holdings's Accounts Receivable for the quarter that ended in Jun. 2017 was $0.44 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. Winland Holdings's Days Sales Outstanding for the three months ended in Jun. 2017 was 43.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Winland Holdings's liquidation value for the three months ended in Jun. 2017 was $1.54 Mil.

Winland Holdings  (OTCPK:WELX) 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.

Winland Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.438/0.913*91
=43.78

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

Winland Holdings's liquidation value for the quarter that ended in Jun. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.5-0.445+0.75 * 0.438+0.5 * 0.315
=1.54

* 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.

Winland Holdings Change In Receivables Related Terms

Winland Holdings Change In Receivables Historical Data

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The historical data trend for Winland Holdings'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.

Winland Holdings Change In Receivables Chart

Winland Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.01 -0.05 0.08 0.04

Winland Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.05 0.01 -0.01 -0.03 0.04

Winland Holdings 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 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 $0.01 Mil mean?
Winland Holdings (WELX) has a Change In Receivables of $0.01 Mil as of Jun. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Winland Holdings and its competitors.
Is Winland Holdings' Change In Receivables too high?
Winland Holdings' current Change In Receivables is $0.01 Mil.
How does Winland Holdings' Change In Receivables compare to TRCK and IMLE?
Winland Holdings' Change In Receivables of $0.01 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Receivables depends on the Hardware 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 Winland Holdings and its competitors. Winland Holdings's current Change In Receivables is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winland Holdings stock overvalued right now?
Winland Holdings (WELX) has a current Change In Receivables of $0.01 Mil. The current Change In Receivables is $0.01 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 Winland Holdings (WELX), the current Change In Receivables is $0.01 Mil as of Jun. 2017. 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.

Winland Holdings Business Description

Address 424 North Riverfront Drive, Suite 110, Mankato, MN, USA, 56001
Winland Holdings Corp designs and develops critical condition monitoring devices, including EnviroAlert Professional, EnviroAlert, WaterBug, TempAlert, and Power Out Alert, to protect assets from risks such as water damage, humidity, temperature extremes, and power loss across industries such as agriculture, construction, healthcare, and manufacturing. Its products are marketed through an international network of distributors, dealers, and integrators and are compatible with hardwired or wireless alarm systems. The company also offers INSIGHT, a cloud-based monitoring platform providing alerting, reporting, and logging services. It operates through three segments: Winland Electronics, which generates the majority of revenue, Winland Capital Corp., and Winland Mining.