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NVN Liquidation's change in receivables for the quarter that ended in Mar. 2023 was $8.17 Mil. It means NVN Liquidation's Accounts Receivable declined by $8.17 Mil from Dec. 2022 to Mar. 2023 .
NVN Liquidation's change in receivables for the fiscal year that ended in Dec. 2022 was $2.28 Mil. It means NVN Liquidation's Accounts Receivable declined by $2.28 Mil from Dec. 2021 to Dec. 2022 .
NVN Liquidation's Accounts Receivable for the quarter that ended in Mar. 2023 was $13.84 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. NVN Liquidation's Days Sales Outstanding for the three months ended in Mar. 2023 was 421.41.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NVN Liquidation's liquidation value for the three months ended in Mar. 2023 was $-59.15 Mil.
The historical data trend for NVN Liquidation'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.
NVN Liquidation Annual Data | |||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | ||||||||||
Change In Receivables | Get a 7-Day Free Trial | - | -0.42 | -4.44 | 0.05 | 2.28 |
NVN Liquidation Quarterly Data | ||||||||||||||||||||
Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | |
Change In Receivables | Get a 7-Day Free Trial | 8.54 | -2.20 | 3.34 | -7.40 | 8.17 |
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 quarterly data reported by the company within the most recent 12 months, which was $1.90 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.
NVN Liquidation (OTCPK:NOVNQ) 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.
NVN Liquidation's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 13.836 | / | 2.996 | * | 91 |
= | 421.41 |
2. In Ben Graham's calculation of liquidation value, NVN Liquidation's accounts receivable are only considered to be worth 75% of book value:
NVN Liquidation'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) |
= | 12.541 | - | 82.621 | + | 0.75 * 13.836 | + | 0.5 * 1.116 |
= | -59.15 |
* 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.
Thank you for viewing the detailed overview of NVN Liquidation's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Machelle Sanders | director | C/O NOVAN, INC., 4105 HOPSON ROAD, MORRISVILLE NC 27560 |
James L Bierman | director | 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116 |
John W Palmour | director | C/O CREE, INC., 4600 SILICON DRIVE, DURHAM NC 27703 |
John M. Gay | officer: VP, Finance & Corp. Controller | C/O NOVAN, INC., 4105 HOPSON ROAD, MORRISVILLE NC 27560 |
A. Donofrio John | officer: EVP, Chief Operating Officer | C/O NOVAN, INC., 4020 STIRRUP CREEK DRIVE, SUITE 110, DURHAM NC 27703 |
Paula B Stafford | director | C/O NOVAN, INC., 4105 HOPSON ROAD, MORRISVILLE NC 27560 |
Steven D Skolsky | director | TRIMERIS, INC., 3500 PARAMOUNT PARKWAY, MORRISVILLE NC 27560 |
Malin Life Sciences Holdings Ltd | 10 percent owner | 2 HARBOUR SQUARE, CROFTON ROAD, DUN LAOGHAIRE, CO, DUBLIN L2 ---- |
G. Kelly Martin | director | C/O NOVAN, INC., 4105 HOPSON RD, MORRISVILLE NC 27560 |
Robert Alexander Ingram | director | 280 S. MANGUM STREET, SUITE 350, DURHAM NC 27701 |
W Kent Geer | director | 7104 RAINWATER ROAD, RALEIGH NC 27615 |
Andrew Novak | officer: Chief Accounting Officer | C/O NOVAN, INC., 4105 HOPSON ROAD, MORRISVILLE NC 27560 |
Eugene Sun | director | C/O NOVAN, INC., 4105 HOPSON ROAD, MORRISVILLE NC 27560 |
James H. Goodnight Management Trust | 10 percent owner | 100 SAS CAMPUS DRIVE, CARY NC 27513 |
Donald R Parker | 10 percent owner | 100 SAS CAMPUS DRIVE, CARY NC 27513 |
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