12 Retech (12 Retech) Change In Receivables : $-0.01 Mil (TTM As of Dec. 2021)

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What is 12 Retech Change In Receivables?

12 Retech's change in receivables for the quarter that ended in Dec. 2021 was $-0.00 Mil. It means 12 Retech's Accounts Receivable increased by $0.00 Mil from Sep. 2021 to Dec. 2021 .

12 Retech's change in receivables for the fiscal year that ended in Dec. 2021 was $-0.01 Mil. It means 12 Retech's Accounts Receivable increased by $0.01 Mil from Dec. 2020 to Dec. 2021 .

12 Retech's Accounts Receivable for the quarter that ended in Dec. 2021 was $0.01 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. 12 Retech's Days Sales Outstanding for the three months ended in Dec. 2021 was 7.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. 12 Retech's liquidation value for the three months ended in Dec. 2021 was $-17.86 Mil.

12 Retech Change In Receivables Historical Data

The historical data trend for 12 Retech'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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12 Retech Change In Receivables Chart

12 Retech Annual Data

Trend

Nov14

Nov15

Nov16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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-0.02

-0.01

-0.04

0.13

-0.01

12 Retech Quarterly Data
	Feb17	May17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Change In Receivables	Get a 7-Day Free Trial															0.13	-0.07	0.06	0.01	-

12 Retech 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

12 Retech (OTCPK:RETC) 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.

12 Retech's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.012	/	0.149	*	91
=	7.35

2. In Ben Graham's calculation of liquidation value, 12 Retech's accounts receivable are only considered to be worth 75% of book value:

12 Retech's liquidation value for the quarter that ended in Dec. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.013	-	17.931	+	0.75 * 0.012	+	0.5 * 0.104
=	-17.86

12 Retech Change In Receivables Related Terms

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12 Retech (12 Retech) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » 12 Retech Corp (OTCPK:RETC) » Definitions » Change In Receivables

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Address

2828 N. Central Avenue, Suite 831, Phoenix, AZ, USA, 85004

Website

https://www.12reTech.com

12 Retech Corp mainly engages in the creation of mobile software applications. The company, through its subsidiaries, develops, improves, acquires, and licenses technologies designed to merge between real brick and mortar stores with online retailing of transacting commerce. It develops an omnichannel solution name 12 Technology Suite, through which retailers can choose the entire suite as per their need and combines real-world shopping with online media. The company's products which are based on its 12 technology suite include 12 Mirror, 12 Kiosk, 12 in-store apps, 12 Mobile apps, and 12 ERP.