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Robix Environmental Technologies (XCNQ:RZX) Change In Receivables : C$0.06 Mil (TTM As of Sep. 2017)


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What is Robix Environmental Technologies Change In Receivables?

Robix Environmental Technologies's change in receivables for the quarter that ended in Sep. 2017 was C$0.01 Mil. It means Robix Environmental Technologies's Accounts Receivable declined by C$0.01 Mil from Jun. 2017 to Sep. 2017 .

Robix Environmental Technologies's change in receivables for the fiscal year that ended in Dec. 2016 was C$-0.01 Mil. It means Robix Environmental Technologies's Accounts Receivable increased by C$0.01 Mil from Dec. 2015 to Dec. 2016 .

Robix Environmental Technologies's Accounts Receivable for the quarter that ended in Sep. 2017 was C$0.01 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Robix Environmental Technologies's liquidation value for the three months ended in Sep. 2017 was C$-6.34 Mil.


Robix Environmental Technologies Change In Receivables Historical Data

The historical data trend for Robix Environmental Technologies'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.

* Premium members only.

Robix Environmental Technologies Change In Receivables Chart

Robix Environmental Technologies Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial - - -0.02 0.01 -0.01

Robix Environmental Technologies Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -0.06 0.03 0.03 - 0.01

Robix Environmental Technologies 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was C$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.


Robix Environmental Technologies  (XCNQ:RZX) 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.

Robix Environmental Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.013/0*91
=

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

Robix Environmental Technologies's liquidation value for the quarter that ended in Sep. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-6.35+0.75 * 0.013+0.5 * 0
=-6.34

* 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.


Robix Environmental Technologies Change In Receivables Related Terms

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Robix Environmental Technologies (XCNQ:RZX) Business Description

Traded in Other Exchanges
N/A
Address
1406 3rd Avenue South, Bay 3, Lethbridge, AB, CAN, T1J 0K6
Robix Environmental Technologies Inc is focused on providing oil recovery equipment and oil and gas wastewater treatment products. The company operates in two segments namely Clean Ocean Vessel and Water Treatment Technology. It generates its revenue from Clean Ocean Vessel.

Robix Environmental Technologies (XCNQ:RZX) Headlines

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