Versus Systems (Versus Systems) Change In Receivables : $0.02 Mil (TTM As of Mar. 2024)

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What is Versus Systems Change In Receivables?

Versus Systems's change in receivables for the quarter that ended in Mar. 2024 was $0.01 Mil. It means Versus Systems's Accounts Receivable declined by $0.01 Mil from Dec. 2023 to Mar. 2024 .

Versus Systems's change in receivables for the fiscal year that ended in Dec. 2023 was $0.04 Mil. It means Versus Systems's Accounts Receivable declined by $0.04 Mil from Dec. 2022 to Dec. 2023 .

Versus Systems's Accounts Receivable for the quarter that ended in Mar. 2024 was $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. Versus Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 13.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Versus Systems's liquidation value for the three months ended in Mar. 2024 was $2.72 Mil.

Versus Systems Change In Receivables Historical Data

The historical data trend for Versus Systems'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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Versus Systems Change In Receivables Chart

Versus Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.03

-0.43

0.38

0.06

0.04

Versus Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.03	0.01	-0.01	0.01	0.01

Versus Systems 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 Mil.

Versus Systems (NAS:VS) 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.

Versus Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.004	/	0.027	*	91
=	13.52

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

Versus Systems's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.892	-	0.179	+	0.75 * 0.004	+	0.5 * 0
=	2.72

Versus Systems Change In Receivables Related Terms

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Versus Systems (Versus Systems) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Versus Systems Inc (NAS:VS) » Definitions » Change In Receivables

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BMV0:Germany

Address

1558 West Hastings Street, Vancouver, BC, CAN, V6G 3J4

Website

https://www.versussystems.com

Versus Systems Inc is a Canada based company. The company is engaged in the technology sector and is developing a business-to-business software platform that allows video game publishers and developers to offer prize-based matches of their games to their players. The product offerings of the company include Dashboard/Platform In-Game Experience and Versus Gear App.