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LifeQuest World (LifeQuest World) Change In Receivables : $-0.01 Mil (TTM As of May. 2009)


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What is LifeQuest World Change In Receivables?

LifeQuest World's change in receivables for the quarter that ended in May. 2009 was $-0.01 Mil. It means LifeQuest World's Accounts Receivable increased by $0.01 Mil from May. 2008 to May. 2009 .

LifeQuest World's change in receivables for the fiscal year that ended in May. 2009 was $-0.01 Mil. It means LifeQuest World's Accounts Receivable increased by $0.01 Mil from May. 2008 to May. 2009 .

LifeQuest World's Accounts Receivable for the quarter that ended in May. 2009 was $0.02 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. LifeQuest World's Days Sales Outstanding for the six months ended in May. 2009 was 5.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LifeQuest World's liquidation value for the six months ended in May. 2009 was $-2.48 Mil.


LifeQuest World Change In Receivables Historical Data

The historical data trend for LifeQuest World'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.

LifeQuest World Change In Receivables Chart

LifeQuest World Annual Data
Trend May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.01 - -0.01

LifeQuest World Semi-Annual Data
May99 May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - -0.01 - -0.01

LifeQuest World 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in May. 2009 was $-0.01 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.


LifeQuest World  (OTCPK:LQWC) 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.

LifeQuest World's Days Sales Outstanding for the quarter that ended in May. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.024/0.77*91
=5.69

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

LifeQuest World's liquidation value for the quarter that ended in May. 2009 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-2.629+0.75 * 0.024+0.5 * 0.256
=-2.48

* 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.


LifeQuest World Change In Receivables Related Terms

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LifeQuest World (LifeQuest World) Business Description

Traded in Other Exchanges
N/A
Address
100 Challenger Road, 8th Floor, Ridgefield Park, NJ, USA, 07660
LifeQuest World Corp is a technology leader in low-cost, low-maintenance, eco-friendly, decentralized wastewater treatment. It intends to rapidly add solutions for the treatment of effluents. The company markets the following products namely BioPipe; Abrimix water treatment technology is capable of treating industrial wastewater and Goslyn is a patented fat, oil, and grease recovery device used in restaurants, hotels, and industrial kitchens.
Executives
Anthony Carl Jurak director, 10 percent owner, officer: CEO 297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8
Roger Theriault director, officer: President 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119
Maria Jose Guedes officer: V.P. of Operations/Asst. Secy. 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119

LifeQuest World (LifeQuest World) Headlines

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