Zecotek Photonics (Zecotek Photonics) Change In Receivables : $-0.19 Mil (TTM As of Apr. 2020)

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What is Zecotek Photonics Change In Receivables?

Zecotek Photonics's change in receivables for the quarter that ended in Apr. 2020 was $0.01 Mil. It means Zecotek Photonics's Accounts Receivable declined by $0.01 Mil from Jan. 2020 to Apr. 2020 .

Zecotek Photonics's change in receivables for the fiscal year that ended in Jul. 2019 was $-0.17 Mil. It means Zecotek Photonics's Accounts Receivable increased by $0.17 Mil from Jul. 2018 to Jul. 2019 .

Zecotek Photonics's Accounts Receivable for the quarter that ended in Apr. 2020 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. Zecotek Photonics's Days Sales Outstanding for the three months ended in Apr. 2020 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zecotek Photonics's liquidation value for the three months ended in Apr. 2020 was $-5.59 Mil.

Zecotek Photonics Change In Receivables Historical Data

The historical data trend for Zecotek Photonics'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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Zecotek Photonics Change In Receivables Chart

Zecotek Photonics Annual Data

Trend

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Change In Receivables

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-0.03

-0.09

0.15

-0.02

-0.17

Zecotek Photonics Quarterly Data
	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20
Change In Receivables	Get a 7-Day Free Trial															-	-0.16	0.04	-0.07	0.01

Zecotek Photonics 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 Apr. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.19 Mil.

Zecotek Photonics (OTCPK:ZMSPF) 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.

Zecotek Photonics's Days Sales Outstanding for the quarter that ended in Apr. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.036	*	91
=	0.00

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

Zecotek Photonics's liquidation value for the quarter that ended in Apr. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.078	-	5.671	+	0.75 * 0	+	0.5 * 0
=	-5.59

Zecotek Photonics Change In Receivables Related Terms

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Zecotek Photonics (Zecotek Photonics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zecotek Photonics Inc (OTCPK:ZMSPF) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

6900 Graybar Road, Unit 2325, Richmond, BC, CAN, V6W 0A5

Website

http://www.zecotek.com

Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs located in Canada, Korea, Russia, Singapore, and the U.S.A. The company develops products such as scintillation crystals, solid-state, photodetectors, positron emission tomography scanning components, lasers, and 3D display and 3D printing technologies. These products are used in sectors such as healthcare, scientific and industrial.