DVRNF (Deveron) Change In Receivables: $0.69 Mil (TTM As of Mar. 2025)


What is Deveron Change In Receivables?

Deveron DVRNF Change In Receivables is $0.69 Mil as of Mar. 2025.

Deveron's change in receivables for the quarter that ended in Mar. 2025 was $0.83 Mil. It means Deveron's Accounts Receivable declined by $0.83 Mil from Dec. 2024 to Mar. 2025 .

Deveron's change in receivables for the fiscal year that ended in Jun. 2024 was $1.08 Mil. It means Deveron's Accounts Receivable declined by $1.08 Mil from Dec. 2022 to Jun. 2024 .

Deveron's Accounts Receivable for the quarter that ended in Mar. 2025 was $1.68 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. Deveron's Days Sales Outstanding for the three months ended in Mar. 2025 was 50.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Deveron's liquidation value for the three months ended in Mar. 2025 was $-47.01 Mil.

Deveron  (OTCPK:DVRNF) 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.

Deveron's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.675/3.009*91
=50.80

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

Deveron's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.525-48.796+0.75 * 1.675+0.5 * 0
=-47.01

* 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.

Deveron Change In Receivables Related Terms

Deveron Change In Receivables Historical Data

* Premium members only.

The historical data trend for Deveron'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.

Deveron Change In Receivables Chart

Deveron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -0.04 -0.74 -2.31 1.08

Deveron Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.03 0.28 -0.11 -0.30 0.83

Deveron 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.69 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 $0.69 Mil mean?
Deveron (DVRNF) has a Change In Receivables of $0.69 Mil as of Mar. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Deveron and its competitors.
Is Deveron's Change In Receivables too high?
Deveron's current Change In Receivables is $0.69 Mil.
How does Deveron's Change In Receivables compare to HWNI and FRQN?
Deveron's Change In Receivables of $0.69 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Deveron and its competitors. Deveron's current Change In Receivables is $0.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deveron stock overvalued right now?
Deveron (DVRNF) has a current Change In Receivables of $0.69 Mil. The current Change In Receivables is $0.69 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 Deveron (DVRNF), the current Change In Receivables is $0.69 Mil as of Mar. 2025. 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.

Deveron Business Description

Address 82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Deveron Corp is an agriculture technology company focused on providing data acquisition services and data analytics to the farming sector in North America. It operates four agriculture testing facilities in North America and provides testing and insights on over nearly one million data points a year. The company comprise one reportable operating segment: data acquisition services and data analytics sector in Canada and in the USA.