GURUFOCUS.COM » STOCK LIST » Technology » Software » VSBLTY Groupe Technologies Corp (OTCPK:VSBGF) » Definitions » Accounts Receivable

VSBGF (VSBLTY Groupe Technologies) Accounts Receivable : $0.12 Mil (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is VSBLTY Groupe Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VSBLTY Groupe Technologies's accounts receivables for the quarter that ended in Mar. 2024 was $0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VSBLTY Groupe Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 53.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VSBLTY Groupe Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.13.


VSBLTY Groupe Technologies Accounts Receivable Historical Data

The historical data trend for VSBLTY Groupe Technologies'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.

VSBLTY Groupe Technologies Accounts Receivable Chart

VSBLTY Groupe Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 0.04 0.08 1.28 1.44 0.58

VSBLTY Groupe Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 1.44 1.45 0.19 0.58 0.12

VSBLTY Groupe Technologies Accounts Receivable Calculation

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


VSBLTY Groupe Technologies 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.

VSBLTY Groupe Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.121/0.208*91
=53.08

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

VSBLTY Groupe Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.025+0.75 * 0.121+0.5 * 0.002-6.298
-0-0)/48.5038
=-0.13

* 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.


VSBLTY Groupe Technologies Accounts Receivable Related Terms

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


VSBLTY Groupe Technologies Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5
VSBLTY Groupe Technologies Corp is a leader in proactive digital display, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.