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Vantage Towers AG (Vantage Towers AG) Change In Receivables : $-66 Mil (TTM As of Mar. 2023)


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What is Vantage Towers AG Change In Receivables?

Vantage Towers AG's change in receivables for the quarter that ended in Mar. 2023 was $-8 Mil. It means Vantage Towers AG's Accounts Receivable increased by $8 Mil from Sep. 2022 to Mar. 2023 .

Vantage Towers AG's change in receivables for the fiscal year that ended in Mar. 2023 was $-70 Mil. It means Vantage Towers AG's Accounts Receivable increased by $70 Mil from Mar. 2022 to Mar. 2023 .

Vantage Towers AG's Accounts Receivable for the quarter that ended in Mar. 2023 was $19 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. Vantage Towers AG's Days Sales Outstanding for the six months ended in Mar. 2023 was 5.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vantage Towers AG's liquidation value for the six months ended in Mar. 2023 was $-5,677 Mil.

Vantage Towers AG Change In Receivables Historical Data

The historical data trend for Vantage Towers AG'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.

Vantage Towers AG Change In Receivables Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Change In Receivables
-192.14 -9.14 -70.34

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Change In Receivables Get a 7-Day Free Trial -13.69 -12.24 2.31 -57.72 -7.92

Vantage Towers AG 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-66 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.

Vantage Towers AG  (OTCPK:VTAGY) 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.

Vantage Towers AG's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.522/601.606*91
=5.62

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

Vantage Towers AG's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=190.043-5880.621+0.75 * 18.522+0.5 * 0
=-5,677

* 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.

Vantage Towers AG Change In Receivables Related Terms

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Vantage Towers AG (Vantage Towers AG) Business Description

Industry
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Traded in Other Exchanges
VTWR:Germany
Address
Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Website
https://www.vantagetowers.com
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.

Vantage Towers AG (Vantage Towers AG) Headlines

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