Vianet Group (LSE:VNET) Accounts Receivable : £3.30 Mil (As of Sep. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Vianet Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vianet Group's accounts receivables for the quarter that ended in Sep. 2023 was £3.30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vianet Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 83.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vianet Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £-0.08.

Vianet Group Accounts Receivable Historical Data

The historical data trend for Vianet Group's Accounts Receivable 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.

Vianet Group Accounts Receivable Chart

Vianet Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

Get a 7-Day Free Trial

2.87

3.54

2.28

2.17

Vianet Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial															2.69	2.17	2.95	2.17	3.30

Vianet Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Vianet Group Accounts Receivable 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 receivables are being managed.

Vianet Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.295	/	7.194	*	91
=	83.59

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Vianet Group's accounts receivable are only considered to be worth 75% of book value:

Vianet Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.323	+	0.75 * 3.295	+	0.5 * 2.371	-	7.308
-	0	-	0)	/	29.5589
=	-0.08

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Vianet Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Vianet Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vianet Group (LSE:VNET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vianet Group PLC (LSE:VNET) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Surtees Way, Surtees Business Park, Stockton on Tees, GBR, TS18 3HR

Website

http://www.vianetplc.com

Vianet Group PLC is a provider of actionable management information and business insight created by combining data from the smart Internet of Things solutions and external information sources. Smart Zones include Data insight and actionable data services as well as design, product development, sale and rental of fluid monitoring equipment. The business of the group is divided into two divisions: Smart Machines and Smart Zones. It generates maximum revenue from the Smart Zones segment. Geographically, it derives maximum of the revenue from the United Kingdom and has a presence in the Rest of Europe and the United States/Canada.