Zim (ZIMCF) Change In Receivables: $0.17 Mil (TTM As of Sep. 2021)

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What is Zim Change In Receivables?

Zim ZIMCF Change In Receivables is $0.17 Mil as of Sep. 2021.

Zim's change in receivables for the quarter that ended in Sep. 2021 was $0.03 Mil. It means Zim's Accounts Receivable declined by $0.03 Mil from Jun. 2021 to Sep. 2021 .

Zim's change in receivables for the fiscal year that ended in Mar. 2021 was $0.11 Mil. It means Zim's Accounts Receivable declined by $0.11 Mil from Mar. 2020 to Mar. 2021 .

Zim's Accounts Receivable for the quarter that ended in Sep. 2021 was $0.00 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. Zim's liquidation value for the three months ended in Sep. 2021 was $0.12 Mil.

Zim  (OTCPK:ZIMCF) 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.

Zim's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.002/0*91
=

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

Zim's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.186-0.069+0.75 * 0.002+0.5 * 0
=0.12

* 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.

Zim Change In Receivables Related Terms

Zim Change In Receivables Historical Data

* Premium members only.

The historical data trend for Zim'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.

Zim Change In Receivables Chart

Zim Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.12 -0.01 0.06 0.11

Zim Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.13 0.01 0.10 0.03 0.03

Zim 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.17 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 $0.17 Mil mean?
Zim (ZIMCF) has a Change In Receivables of $0.17 Mil as of Sep. 2021. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Zim and its competitors.
Is Zim's Change In Receivables too high?
Zim's current Change In Receivables is $0.17 Mil.
How does Zim's Change In Receivables compare to MAPT and FSSN?
Zim's Change In Receivables of $0.17 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Change In Receivables depends on the Biotechnology 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 Zim and its competitors. Zim's current Change In Receivables is $0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zim stock overvalued right now?
Zim (ZIMCF) has a current Change In Receivables of $0.17 Mil. The current Change In Receivables is $0.17 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 Zim (ZIMCF), the current Change In Receivables is $0.17 Mil as of Sep. 2021. 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.

Zim Business Description

Address 20 Colonade Road, Suite 200, Ottawa, ON, CAN, K2E 7M2
Zim Corp has sold its operations and is currently focused on biomedical research. The company focused all of its resources on developing intellectual property and advancing research and development in the areas of new synthetic drugs and immunotherapies. It generates geographic revenue from Canada.