Conforce International (Conforce International) Change In Receivables : $0.07 Mil (TTM As of Sep. 2012)

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What is Conforce International Change In Receivables?

Conforce International's change in receivables for the quarter that ended in Sep. 2012 was $-0.04 Mil. It means Conforce International's Accounts Receivable increased by $0.04 Mil from Jun. 2012 to Sep. 2012 .

Conforce International's change in receivables for the fiscal year that ended in Mar. 2012 was $0.52 Mil. It means Conforce International's Accounts Receivable declined by $0.52 Mil from Mar. 2011 to Mar. 2012 .

Conforce International's Accounts Receivable for the quarter that ended in Sep. 2012 was $0.05 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. Conforce International's Days Sales Outstanding for the three months ended in Sep. 2012 was 146.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Conforce International's liquidation value for the three months ended in Sep. 2012 was $-1.24 Mil.

Conforce International Change In Receivables Historical Data

The historical data trend for Conforce International'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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Conforce International Change In Receivables Chart

Conforce International Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Change In Receivables

0.22

0.09

-0.50

0.52

Conforce International Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Change In Receivables	Get a 7-Day Free Trial												0.31	-	0.03	0.08	-0.04

Conforce International 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. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.07 Mil.

Conforce International (OTCPK:CFRI) 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.

Conforce International's Days Sales Outstanding for the quarter that ended in Sep. 2012 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.053	/	0.033	*	91
=	146.55

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

Conforce International's liquidation value for the quarter that ended in Sep. 2012 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.375	-	2.002	+	0.75 * 0.053	+	0.5 * 0.686
=	-1.24

Conforce International Change In Receivables Related Terms

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Conforce International (Conforce International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Conforce International Inc (OTCPK:CFRI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

51A Caldari Road, 2nd Floor, Concord, ON, CAN, L4K 4G3

Website

http://www.conforceinternational.com

Conforce International Inc is a United States based company, through its subsidiary, is engaged in the development of polymer-based composite flooring system for the transportation industry trademarked under the name EKO-FLOR. The product offered by the company is designed for container and highway trailer.

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