Velan (FRA:946) Change In Receivables : €2.4 Mil (TTM As of Feb. 2024)

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What is Velan Change In Receivables?

Velan's change in receivables for the quarter that ended in Feb. 2024 was €-20.4 Mil. It means Velan's Accounts Receivable increased by €20.4 Mil from Nov. 2023 to Feb. 2024 .

Velan's change in receivables for the fiscal year that ended in Feb. 2024 was €2.5 Mil. It means Velan's Accounts Receivable declined by €2.5 Mil from Feb. 2023 to Feb. 2024 .

Velan's Accounts Receivable for the quarter that ended in Feb. 2024 was €101.9 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. Velan's Days Sales Outstanding for the three months ended in Feb. 2024 was 85.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Velan's liquidation value for the three months ended in Feb. 2024 was €-62.7 Mil.

Velan Change In Receivables Historical Data

The historical data trend for Velan'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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Velan Change In Receivables Chart

Velan Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Receivables

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6.21

6.22

10.47

-12.23

2.51

Velan Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-4.26	28.27	-6.71	1.18	-20.38

Velan 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.4 Mil.

Velan (FRA:946) 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.

Velan's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	101.852	/	109.288	*	91
=	85.04

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

Velan's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	38.671	-	274.516	+	0.75 * 101.852	+	0.5 * 193.467
=	-62.7

Velan Change In Receivables Related Terms

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Velan (FRA:946) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Velan Inc (FRA:946) » Definitions » Change In Receivables

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VLNSF:USA VLN:Canada

Address

7007 Cote de Liesse, Montreal, QC, CAN, H4T 1G2

Website

https://www.velan.com

Velan Inc is an international manufacturer of industrial valves. It offers products such as Gate valves, check valves, cryogenic, steam traps, and others, which are used in various industries including power generation, oil, and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding. The company operates in various geographical regions: Canada, the United States, France, Italy, and Other countries.

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