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Online Vacation Center Holdings (Online Vacation Center Holdings) Accounts Receivable : $1.30 Mil (As of Sep. 2023)


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What is Online Vacation Center Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Online Vacation Center Holdings's accounts receivables for the quarter that ended in Sep. 2023 was $1.30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Online Vacation Center Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 26.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Online Vacation Center Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.66.


Online Vacation Center Holdings Accounts Receivable Historical Data

The historical data trend for Online Vacation Center Holdings's Accounts Receivable 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.

Online Vacation Center Holdings Accounts Receivable Chart

Online Vacation Center Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 2.25 0.98 1.02 1.62

Online Vacation Center Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable 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 - 1.62 1.59 1.36 1.30

Online Vacation Center Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Online Vacation Center Holdings Accounts Receivable 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.

Online Vacation Center Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.303/4.428*91
=26.85

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Online Vacation Center Holdings's accounts receivable are only considered to be worth 75% of book value:

Online Vacation Center Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.835+0.75 * 1.303+0.5 * 0.917-12.321
-0-0)/7.59473
=-0.66

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Online Vacation Center Holdings Accounts Receivable Related Terms

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Online Vacation Center Holdings (Online Vacation Center Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2307 West Broward Boulevard, Suite 400, Fort Lauderdale, FL, USA, 33312
Online Vacation Center Holdings Corp is a Florida holding company. It is engaged in the provision of vacation travel and marketing services through its wholly-owned subsidiaries. The company offers vacation services for affluent retiree markets; and river, ocean, and land vacation packages, as well as operates a franchise that focused on travel sales through mobile agents. The company also publishes three travel newsletters, such as Top Travel Deals, Spotlight, and TravelFlash; and operates a website that connects travellers with websites to purchase hotel, resort, and vacation packages.
Executives
Edward Rudner director, 10 percent owner, officer: CEO & CFO 1801 NW 66TH AVENUE, SUITE 102, PLANTATION FL 33313
Reginald Flosse 10 percent owner LOTISSEMENT MIRI, APT.A2, TAHIRI PUNAAUIA I4 TAHITI
David Nankin director 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Daniel Joseph Rudner director 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Kurt Homfelt other: President, Dunhill Vacations 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Richard Anthony Mckinnon director 4404 DRUID LANE, DALLAS TX 75205
Brian P Froelich director 1801 NW 66TH AVENUE, SUITE 102, PLANTATION FL 33313
Simon Todd officer: Vice President 1801 NW 66 AVENUE, PLANTATION FL 33313
Frank D Bracken director 1801 N.W. 66 AVENUE, SUITE 102, PLANTATION FL 33313
Mary Louise Ruderman officer: Vice President 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Brenda Josowitz officer: Vice President 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
William A Cataldo 10 percent owner SUITE 912 EXECUTIVE CENTER,, 1088 BISHOP STREET, HONOLULU HI 96813
Alan Rubin director, 10 percent owner, officer: CEO and CFO (see remarks) 334 FAIRMONT ROAD, WESTON FL 33326

Online Vacation Center Holdings (Online Vacation Center Holdings) Headlines

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