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Vado (VADP) Accounts Receivable : $3.39 Mil (As of Sep. 2023)


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What is Vado Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vado's accounts receivables for the quarter that ended in Sep. 2023 was $3.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vado's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 71.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vado's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.05.


Vado Accounts Receivable Historical Data

The historical data trend for Vado'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.

Vado Accounts Receivable Chart

Vado Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Accounts Receivable
- - - - -

Vado Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.84 2.52 3.39

Vado Accounts Receivable Calculation

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


Vado 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.391/4.35*91
=71.13

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

Vado'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)
=(0.455+0.75 * 3.391+0.5 * 0-12.663
-0-0)/182.492
=-0.05

* 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.


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.


Vado Accounts Receivable Related Terms

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Vado (VADP) Business Description

Traded in Other Exchanges
N/A
Address
4001 South 700 East, Suite 500, Salt Lake City, UT, USA, 84107
Vado Corp is a development stage company seeking new business opportunities in the United States and abroad.