VCON (Vicon Industries) Accounts Receivable: $3.92 Mil (As of Sep. 2018)

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What is Vicon Industries Accounts Receivable?

Vicon Industries VCON Accounts Receivable is $3.92 Mil as of Sep. 2018.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vicon Industries's accounts receivables for the quarter that ended in Sep. 2018 was $3.92 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vicon Industries's Days Sales Outstanding for the quarter that ended in Sep. 2018 was 54.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vicon Industries's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was $-543.08.

Vicon Industries 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.

Vicon Industries's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.915/6.496*91
=54.99

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

Vicon Industries's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 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)
=(1.971+0.75 * 3.915+0.5 * 5.318-12.454
-0-0)/0.009
=-543.08

* 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.

Vicon Industries Accounts Receivable Related Terms

Vicon Industries Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Vicon Industries'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.

Vicon Industries Accounts Receivable Chart

Vicon Industries Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.63 10.82 6.16 4.35 3.92

Vicon Industries Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 4.35 5.58 6.40 4.31 3.92

Vicon Industries Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $3.92 Mil mean?
Vicon Industries (VCON) has a Accounts Receivable of $3.92 Mil as of Sep. 2018. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Vicon Industries and its competitors.
Is Vicon Industries' Accounts Receivable too high?
Vicon Industries' current Accounts Receivable is $3.92 Mil.
How does Vicon Industries' Accounts Receivable compare to DIRV and GWSN?
Vicon Industries' Accounts Receivable of $3.92 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Business Services company?
A good Accounts Receivable depends on the Business Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Vicon Industries and its competitors. Vicon Industries's current Accounts Receivable is $3.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicon Industries stock overvalued right now?
Vicon Industries (VCON) has a current Accounts Receivable of $3.92 Mil. The current Accounts Receivable is $3.92 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Vicon Industries (VCON), the current Accounts Receivable is $3.92 Mil as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vicon Industries Business Description

Address 135 Fell Court, Hauppauge, NY, USA, 11788
Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.