Red Violet (Red Violet) Change In Receivables : $-2.69 Mil (TTM As of Dec. 2023)

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What is Red Violet Change In Receivables?

Red Violet's change in receivables for the quarter that ended in Dec. 2023 was $-0.51 Mil. It means Red Violet's Accounts Receivable increased by $0.51 Mil from Sep. 2023 to Dec. 2023 .

Red Violet's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.69 Mil. It means Red Violet's Accounts Receivable increased by $2.69 Mil from Dec. 2022 to Dec. 2023 .

Red Violet's Accounts Receivable for the quarter that ended in Dec. 2023 was $7.14 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. Red Violet's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Red Violet's liquidation value for the three months ended in Dec. 2023 was $30.51 Mil.

Red Violet Change In Receivables Historical Data

The historical data trend for Red Violet'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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Red Violet Change In Receivables Chart

Red Violet Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.86

-0.06

-0.63

-1.97

-2.69

Red Violet Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.86	-1.02	-0.79	-0.37	-0.51

Red Violet 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 quarterly data reported by the company within the most recent 12 months, which was $-2.69 Mil.

Red Violet (NAS:RDVT) 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.

Red Violet's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.135	/	15.061	*	91
=	43.23

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

Red Violet'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)
=	32.032	-	6.878	+	0.75 * 7.135	+	0.5 * 0
=	30.51

Red Violet Change In Receivables Related Terms

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Red Violet (Red Violet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Red Violet Inc (NAS:RDVT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

2KH:Germany

Address

2650 North Military Trail, Suite 300, Boca Raton, FL, USA, 33431

Website

https://www.redviolet.com

Red Violet Inc is a software and services company. It specializes in big data analysis, providing cloud-based, mission-critical information solutions to enterprises in a variety of industries. Through its CORE data fusion platform, it provides mission-critical information about individuals, businesses, and assets.

Executives

Michael Brauser	10 percent owner	4400 BISCAYNE BLVD., SUITE 850, MIAMI FL 33137
Greater Miami Jewish Federation, Inc.	10 percent owner	4200 BISCAYNE BLVD., MIAMI FL 33137
Lisa M. Stanton	director	17064 CROSSGATE DRIVE, JUPITER FL 33477
Peter Benz	director	171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Frost Phillip Md Et Al	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Frost Gamma Investments Trust	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137
Derek Dubner	director, officer: Chief Executive Officer	2650 N. MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
James Patrick Reilly	officer: President	2650 N. MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Daniel Maclachlan	officer: Chief Financial Officer	2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Robert Swayman	director	5022 NW 102 DRIVE, CORAL SPRINGS FL 33076
Ryan Schulke	10 percent owner	C/O IDI, INC., 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Steven D Rubin	director	OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Jinbo Wang	officer: Chief Accounting Officer, other: Principal Accounting Officer	C/O TIGER MEDIA, INC. ROOM 1705, 511 WEIHAI ROAD, JING AN DISTRICT, SHANGHAI F4 200041
Jeffrey Alan Dell	officer: Chief Information Officer	C/O IDI, INC., 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431