Crownia Holdings (TSXV:CNH.H) Change In Receivables : C$0.23 Mil (TTM As of Mar. 2019)

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What is Crownia Holdings Change In Receivables?

Crownia Holdings's change in receivables for the quarter that ended in Mar. 2019 was C$0.23 Mil. It means Crownia Holdings's Accounts Receivable declined by C$0.23 Mil from Dec. 2018 to Mar. 2019 .

Crownia Holdings's change in receivables for the fiscal year that ended in Jun. 2018 was C$2.16 Mil. It means Crownia Holdings's Accounts Receivable declined by C$2.16 Mil from Jun. 2017 to Jun. 2018 .

Crownia Holdings's Accounts Receivable for the quarter that ended in Mar. 2019 was C$0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Crownia Holdings's liquidation value for the three months ended in Mar. 2019 was C$-0.59 Mil.

Crownia Holdings Change In Receivables Historical Data

The historical data trend for Crownia Holdings'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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Crownia Holdings Change In Receivables Chart

Crownia Holdings Annual Data

Trend

Jan14

Jan15

Jun16

Jun17

Jun18

Change In Receivables

-0.01

-0.15

0.42

2.16

Crownia Holdings Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Change In Receivables	Get a 7-Day Free Trial															0.05	0.23	-0.23	-	0.23

Crownia Holdings 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.23 Mil.

Crownia Holdings (TSXV:CNH.H) 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.

Crownia Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

Crownia Holdings's liquidation value for the quarter that ended in Mar. 2019 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.005	-	0.591	+	0.75 * 0	+	0.5 * 0
=	-0.59

Crownia Holdings Change In Receivables Related Terms

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Crownia Holdings (TSXV:CNH.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Crownia Holdings Ltd (TSXV:CNH.H) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

1075 West Georgia Street, Suite 1980, Vancouver, BC, CAN, V6E 3C9

Website

http://www.crowniaholdings.com

Crownia Holdings Ltd is a specialty steel company. It is engaged in the business of importing and exporting specialty steels. The company's products include Carbon structure steel, Alloy steel, Mould steel, Spring steel, Bearing steel, and High-speed steel. It sells specialty steel products by virtue of the integration of Chinese strategic steel suppliers and steel customers. The company serves its specialty steel to various industries such as automotive, electronics, oil and gas, aviation and aerospace, construction, pharmaceutical, and machinery and equipment. It has operations in British Virgin Island, Hong Kong, and China.

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