Ventia Services Group (ASX:VNT) Change In Receivables : A$0 Mil (TTM As of Dec. 2023)

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What is Ventia Services Group Change In Receivables?

Ventia Services Group's change in receivables for the quarter that ended in Dec. 2023 was A$0 Mil. It means Ventia Services Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Ventia Services Group's change in receivables for the fiscal year that ended in Dec. 2023 was A$0 Mil. It means Ventia Services Group's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Ventia Services Group's Accounts Receivable for the quarter that ended in Dec. 2023 was A$312 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. Ventia Services Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 19.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ventia Services Group's liquidation value for the six months ended in Dec. 2023 was A$-1,767 Mil.

Ventia Services Group Change In Receivables Historical Data

The historical data trend for Ventia Services Group'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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Ventia Services Group Change In Receivables Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	-	-	-	-	-

Ventia Services Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0 Mil.

Ventia Services Group (ASX:VNT) 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.

Ventia Services Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	312.2	/	2889.6	*	91
=	19.72

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

Ventia Services Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	338.7	-	2363.4	+	0.75 * 312.2	+	0.5 * 46.8
=	-1,767

Ventia Services Group Change In Receivables Related Terms

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Ventia Services Group (ASX:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Change In Receivables

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.