Vivic (VIVC) Accounts Receivable: $1.40 Mil (As of Jun. 2024)

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VIVC Vivic Corp VIVC
12 GF Score
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What is Vivic Accounts Receivable?

Vivic VIVC 12 Accounts Receivable is $1.40 Mil as of Jun. 2024. GuruFocus rates VIVC with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vivic's accounts receivables for the quarter that ended in Jun. 2024 was $1.40 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vivic's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 49.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vivic's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.03.

Vivic 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.

Vivic's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.402/2.575*91
=49.68

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

Vivic's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 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)
=(0.311+0.75 * 1.402+0.5 * 0.004-2.273
-0.001-0)/26.658
=-0.03

* 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.

Vivic Accounts Receivable Related Terms

Vivic Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Vivic'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.

Vivic Accounts Receivable Chart

Vivic Annual Data
Trend Apr17 Apr18 Apr19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Vivic Quarterly Data
Apr19 Jul19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 0.18 0.47 1.40
VIVC
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Vivic Corp VIVC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vivic 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 $1.40 Mil mean?
Vivic (VIVC) has a Accounts Receivable of $1.40 Mil as of Jun. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Vivic and its competitors.
Is Vivic's Accounts Receivable too high?
Vivic's current Accounts Receivable is $1.40 Mil. Overall, Vivic has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Vivic's Accounts Receivable compare to VMAR and VEEE?
Vivic's Accounts Receivable of $1.40 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Accounts Receivable depends on the Vehicles & Parts 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 Vivic and its competitors. Vivic's current Accounts Receivable is $1.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivic stock overvalued right now?
Vivic (VIVC) has a current Accounts Receivable of $1.40 Mil. The current Accounts Receivable is $1.40 Mil. Vivic's overall GF Score™ is 12/100. 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 Vivic (VIVC), the current Accounts Receivable is $1.40 Mil as of Jun. 2024. 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.

Vivic Business Description

Address 187 E. Warm Spring Road, PMB No. B450, Las Vegas, NV, USA, 89119-4112
Vivic Corp is engaged in the research and development of yacht manufacturing using new energy-saving technology. It includes yacht sales, marine tourism, development of electric-powered yachts, development and operation of yacht marinas in Asia, and the development of a yacht rental and time share service.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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