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Village Super Market Inc (NAS:VLGEA)
Change In Receivables
$-4 Mil (As of Jul. 2014)

Village Super Market Inc's change in receivables for the quarter that ended in Jul. 2014 was $-4 Mil. It means Village Super Market Inc's accounts receivables declined by $4 Mil from Apr. 2014 to Jul. 2014 .

Village Super Market Inc's change in receivables for the fiscal year that ended in Jul. 2014 was $-1 Mil. It means Village Super Market Inc's accounts receivables declined by $1 Mil from Jul. 2013 to Jul. 2014 .

Village Super Market Inc's accounts receivables for the quarter that ended in Jul. 2014 was $13 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 receivables are being managed. Village Super Market Inc's days sales outstanding for the three months ended in Jul. 2014 was 2.97.

In Ben Graham’s calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Village Super Market Inc's liquidation value for the three months ended in Jul. 2014 was $-115 Mil.


Definition

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.


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 receivables are being managed.

Village Super Market Inc's Days Sales Outstanding for the quarter that ended in Jul. 2014 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=12.923/396.838*365 / 4
=2.97

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

Village Super Market Inc's liquidation value for the quarter that ended in Jul. 2014 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=77.352-224.276+0.75 * 12.923+0.5 * 44.694
=-115

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Village Super Market Inc Annual Data

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
ChangeInReceivables -0-0-1-0-1-1-0-2-1-1

Village Super Market Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
ChangeInReceivables -3-3-410-3-4-411-4-4
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