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Enherent (Enherent) Change In Receivables : $0.52 Mil (TTM As of Sep. 2010)


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What is Enherent Change In Receivables?

Enherent's change in receivables for the quarter that ended in Sep. 2010 was $0.66 Mil. It means Enherent's Accounts Receivable declined by $0.66 Mil from Jun. 2010 to Sep. 2010 .

Enherent's change in receivables for the fiscal year that ended in Dec. 2009 was $1.78 Mil. It means Enherent's Accounts Receivable declined by $1.78 Mil from Dec. 2008 to Dec. 2009 .

Enherent's Accounts Receivable for the quarter that ended in Sep. 2010 was $1.35 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. Enherent's Days Sales Outstanding for the three months ended in Sep. 2010 was 56.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Enherent's liquidation value for the three months ended in Sep. 2010 was $-5.42 Mil.


Enherent Change In Receivables Historical Data

The historical data trend for Enherent'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.

Enherent Change In Receivables Chart

Enherent Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.63 0.47 0.70 1.78

Enherent Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.38 0.49 -0.17 -0.47 0.66

Enherent 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. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.52 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.


Enherent  (OTCPK:ENHT) 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.

Enherent's Days Sales Outstanding for the quarter that ended in Sep. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.346/2.166*91
=56.70

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

Enherent's liquidation value for the quarter that ended in Sep. 2010 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.155-6.58+0.75 * 1.346+0.5 * 0
=-5.42

* 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.


Enherent Change In Receivables Related Terms

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Enherent (Enherent) Business Description

Traded in Other Exchanges
N/A
Address
6800 Jericho Turnpike, Suite 116E, Syosset, NY, USA, 11791
Enherent Corp is an information technology company. It provides consulting services and solutions firm, committed to delivering solutions with tangible business results to the enterprise, mid-market, and government clients. The company specializes in System Development and Infrastructure Services and Solutions. Enherent provides services throughout the east coast with a concentration in the New York, New Jersey, Connecticut and Washington D.C.
Executives
Faith Griffin director 192 LEXINGTON AVENUE, NEW YORK NY 10016
Lori Lynn Stanley officer: Secretary and General Counsel 192 LEXINGTON AVENUE NEW YORK NY 10016
Tudor Investment Corp Et Al 10 percent owner 200 ELM STREET, STAMFORD CT 06901
Jones Paul Tudor Ii other: Chairman of Tudor C/O TUDOR INVESTMENT CORP, 1275 KING ST, GREENWICH CT 06831
James J Pallotta other: Member of Group C/O RAPTOR CAPITAL MANAGEMENT LP, 280 CONGRESS, 12TH FLOOR, BOSTON MA 02210
Karl Brenza officer: Chief Financial Officer 26 CHERRY STREET, KATONAH NY 10536

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