CVTV (China VTV) Change In Receivables: $2.01 Mil (TTM As of Aug. 2020)

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What is China VTV Change In Receivables?

China VTV CVTV Change In Receivables is $2.01 Mil as of Aug. 2020.

China VTV's change in receivables for the quarter that ended in Aug. 2020 was $2.76 Mil. It means China VTV's Accounts Receivable declined by $2.76 Mil from May. 2020 to Aug. 2020 .

China VTV's change in receivables for the fiscal year that ended in Feb. 2020 was $0.00 Mil. It means China VTV's Accounts Receivable stayed the same from Feb. 2019 to Feb. 2020 .

China VTV's Accounts Receivable for the quarter that ended in Aug. 2020 was $0.17 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. China VTV's Days Sales Outstanding for the three months ended in Aug. 2020 was 4.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China VTV's liquidation value for the three months ended in Aug. 2020 was $-44.22 Mil.

China VTV  (OTCPK:CVTV) 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.

China VTV's Days Sales Outstanding for the quarter that ended in Aug. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.165/3.024*91
=4.98

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

China VTV's liquidation value for the quarter that ended in Aug. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.159-48.214+0.75 * 0.165+0.5 * 7.415
=-44.22

* 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.

China VTV Change In Receivables Related Terms

China VTV Change In Receivables Historical Data

* Premium members only.

The historical data trend for China VTV'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.

China VTV Change In Receivables Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Change In Receivables
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 -0.75 2.76

China VTV 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 Aug. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.01 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 $2.01 Mil mean?
China VTV (CVTV) has a Change In Receivables of $2.01 Mil as of Aug. 2020. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for China VTV and its competitors.
Is China VTV's Change In Receivables too high?
China VTV's current Change In Receivables is $2.01 Mil.
How does China VTV's Change In Receivables compare to REBL and CSSE?
China VTV's Change In Receivables of $2.01 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Change In Receivables depends on the Interactive Media 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 China VTV and its competitors. China VTV's current Change In Receivables is $2.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current Change In Receivables of $2.01 Mil. The current Change In Receivables is $2.01 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 China VTV (CVTV), the current Change In Receivables is $2.01 Mil as of Aug. 2020. 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.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.