Systar (XPAR:SAR) Change In Receivables : €0.30 Mil (TTM As of Dec. 2013)

View and export this data going back to . Start your Free Trial

What is Systar Change In Receivables?

Systar's change in receivables for the quarter that ended in Dec. 2013 was €-4.22 Mil. It means Systar's Accounts Receivable increased by €4.22 Mil from Jun. 2013 to Dec. 2013 .

Systar's change in receivables for the fiscal year that ended in Jun. 2013 was €3.24 Mil. It means Systar's Accounts Receivable declined by €3.24 Mil from Jun. 2012 to Jun. 2013 .

Systar's Accounts Receivable for the quarter that ended in Dec. 2013 was €7.56 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. Systar's Days Sales Outstanding for the six months ended in Dec. 2013 was 128.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Systar's liquidation value for the six months ended in Dec. 2013 was €-4.95 Mil.

Systar Change In Receivables Historical Data

The historical data trend for Systar'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.

Systar Change In Receivables Chart

Systar Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Change In Receivables

0.46

-2.62

0.94

-0.22

3.24

Systar Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Change In Receivables	Get a 7-Day Free Trial				-2.26	2.04	-1.28	4.52	-4.22

Systar 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 Dec. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.30 Mil.

Systar (XPAR:SAR) 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.

Systar's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.559	/	10.719	*	91
=	128.70

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

Systar's liquidation value for the quarter that ended in Dec. 2013 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.806	-	14.421	+	0.75 * 7.559	+	0.5 * 0
=	-4.95

Systar Change In Receivables Related Terms

Thank you for viewing the detailed overview of Systar's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Systar (XPAR:SAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Systar (XPAR:SAR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.systar.com

Systar is a provider of performance management software that enables large organizations to maximize the efficiency of their business operations and IT infrastructure.