CVST (Covista Communications) Change In Receivables: $0.00 Mil (TTM As of Apr. 2005)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Covista Communications Change In Receivables?

Covista Communications CVST -99.67% Change In Receivables is $0.00 Mil as of Apr. 2005.

Covista Communications's change in receivables for the quarter that ended in Apr. 2005 was $0.00 Mil. It means Covista Communications's Accounts Receivable stayed the same from Jan. 2005 to Apr. 2005 .

Covista Communications's change in receivables for the fiscal year that ended in Jan. 2005 was $0.17 Mil. It means Covista Communications's Accounts Receivable declined by $0.17 Mil from Jan. 2004 to Jan. 2005 .

Covista Communications's Accounts Receivable for the quarter that ended in Apr. 2005 was $8.47 Mil.

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 Receivable are being managed. Covista Communications's Days Sales Outstanding for the three months ended in Apr. 2005 was 68.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Covista Communications's liquidation value for the three months ended in Apr. 2005 was $2.03 Mil.

Covista Communications  (OTCPK:CVST) Change In Receivables 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 Receivable are being managed.

Covista Communications's Days Sales Outstanding for the quarter that ended in Apr. 2005 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.468/11.253*91
=68.67

2. In Ben Graham's calculation of liquidation value, Covista Communications's accounts receivable are only considered to be worth 75% of book value:

Covista Communications's liquidation value for the quarter that ended in Apr. 2005 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.509-10.83+0.75 * 8.468+0.5 * 0
=2.03

* 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.

Covista Communications Change In Receivables Related Terms

Covista Communications Change In Receivables Historical Data

* Premium members only.

The historical data trend for Covista Communications's Change In Receivables 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.

Covista Communications Change In Receivables Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 4.89 -2.65 3.68 0.17

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
Change In Receivables 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 0.00 0.00 0.00

Covista Communications Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Apr. 2005 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.00 Mil mean?
Covista Communications (CVST) has a Change In Receivables of $0.00 Mil as of Apr. 2005. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Covista Communications and its competitors.
Is Covista Communications' Change In Receivables too high?
Covista Communications' current Change In Receivables is $0.00 Mil.
How does Covista Communications' Change In Receivables compare to FULO and TWER?
Covista Communications' Change In Receivables of $0.00 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Telecommunication Services company?
A good Change In Receivables depends on the Telecommunication Services industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Covista Communications and its competitors. Covista Communications's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Covista Communications (CVST), the current Change In Receivables is $0.00 Mil as of Apr. 2005. 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.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.