Elray Resources (Elray Resources) Change In Receivables : $-0.32 Mil (TTM As of Sep. 2018)

View and export this data going back to 2007. Start your Free Trial

What is Elray Resources Change In Receivables?

Elray Resources's change in receivables for the quarter that ended in Sep. 2018 was $-0.06 Mil. It means Elray Resources's Accounts Receivable increased by $0.06 Mil from Jun. 2018 to Sep. 2018 .

Elray Resources's change in receivables for the fiscal year that ended in Dec. 2017 was $-0.18 Mil. It means Elray Resources's Accounts Receivable increased by $0.18 Mil from Dec. 2016 to Dec. 2017 .

Elray Resources's Accounts Receivable for the quarter that ended in Sep. 2018 was $0.44 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. Elray Resources's Days Sales Outstanding for the three months ended in Sep. 2018 was 447.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elray Resources's liquidation value for the three months ended in Sep. 2018 was $-14.42 Mil.

Elray Resources Change In Receivables Historical Data

The historical data trend for Elray Resources'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.

Elray Resources Change In Receivables Chart

Elray Resources Annual Data

Trend

Mar08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Change In Receivables

Get a 7-Day Free Trial

-0.26

-0.18

0.41

-0.18

Elray Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Change In Receivables	Get a 7-Day Free Trial															-0.05	-0.08	-0.11	-0.06	-0.06

Elray Resources 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.32 Mil.

Elray Resources (OTCPK:ELRA) 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.

Elray Resources's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.441	/	0.09	*	91
=	447.13

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

Elray Resources's liquidation value for the quarter that ended in Sep. 2018 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.018	-	14.764	+	0.75 * 0.441	+	0.5 * 0
=	-14.42

Elray Resources Change In Receivables Related Terms

Thank you for viewing the detailed overview of Elray Resources's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Elray Resources (Elray Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Elray Resources Inc (OTCPK:ELRA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103

Website

http://www.elraygaming.com

Elray Resources Inc is a company engaged in gambling activities. It provides marketing and support for online gaming operations. It has developed and acquired technology that provides marketing tools and customer relationship management systems for online gaming operators. Its software systems automatically decline and deny any gaming requests from within illegal gaming jurisdictions, including the United States, Hong Kong, Singapore, the United Kingdom, France, Italy, and Israel, and prevent any access to the products that it supports from any of these jurisdictions ensuring that residents of these countries cannot participate and are in strict compliance with the laws of these countries.

Executives

Anthony Brian Goodman

director, 10 percent owner, officer: President, CEO

3651 LINDELL RD STE D131, LAS VEGAS NV 89103

Elray Resources (Elray Resources) Headlines

No Headlines