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Virtutone Networks (Virtutone Networks) Change In Receivables : $-21.88 Mil (TTM As of Oct. 2014)


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What is Virtutone Networks Change In Receivables?

Virtutone Networks's change in receivables for the quarter that ended in Oct. 2014 was $-8.55 Mil. It means Virtutone Networks's Accounts Receivable increased by $8.55 Mil from Jul. 2014 to Oct. 2014 .

Virtutone Networks's change in receivables for the fiscal year that ended in Jan. 2014 was $-7.83 Mil. It means Virtutone Networks's Accounts Receivable increased by $7.83 Mil from Jan. 2013 to Jan. 2014 .

Virtutone Networks's Accounts Receivable for the quarter that ended in Oct. 2014 was $26.05 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. Virtutone Networks's Days Sales Outstanding for the three months ended in Oct. 2014 was 67.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Virtutone Networks's liquidation value for the three months ended in Oct. 2014 was $-1.54 Mil.


Virtutone Networks Change In Receivables Historical Data

The historical data trend for Virtutone Networks'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.

Virtutone Networks Change In Receivables Chart

Virtutone Networks Annual Data
Trend Mar06 Mar07 Mar08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -0.06 -0.23 -0.10 -0.22 -7.83

Virtutone Networks Quarterly Data
Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14
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 -2.06 -3.54 -4.60 -5.19 -8.55

Virtutone Networks 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 Oct. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.88 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.


Virtutone Networks  (OTCPK:VRTWF) 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.

Virtutone Networks's Days Sales Outstanding for the quarter that ended in Oct. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26.048/35.321*91
=67.29

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

Virtutone Networks's liquidation value for the quarter that ended in Oct. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.458-24.535+0.75 * 26.048+0.5 * 0
=-1.54

* 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.


Virtutone Networks Change In Receivables Related Terms

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Virtutone Networks (Virtutone Networks) Business Description

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Virtutone Networks, Inc. is incorporated under the laws of the Province of Alberta. The Company is a provider of Voice over Internet Protocol, Fax over Internet Protocol, and related phone services to business and residential customers.

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