Vecima Networks (FRA:VCM) Change In Receivables : €-7.1 Mil (TTM As of Mar. 2024)

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What is Vecima Networks Change In Receivables?

Vecima Networks's change in receivables for the quarter that ended in Mar. 2024 was €-18.1 Mil. It means Vecima Networks's Accounts Receivable increased by €18.1 Mil from Dec. 2023 to Mar. 2024 .

Vecima Networks's change in receivables for the fiscal year that ended in Jun. 2023 was €-7.4 Mil. It means Vecima Networks's Accounts Receivable increased by €7.4 Mil from Jun. 2022 to Jun. 2023 .

Vecima Networks's Accounts Receivable for the quarter that ended in Mar. 2024 was €59.5 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. Vecima Networks's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vecima Networks's liquidation value for the three months ended in Mar. 2024 was €-30.3 Mil.

Vecima Networks Change In Receivables Historical Data

The historical data trend for Vecima Networks'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.

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Vecima Networks Change In Receivables Chart

Vecima Networks Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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2.11

-6.62

-3.13

-16.29

-7.40

Vecima Networks Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-4.08	5.04	6.02	-0.02	-18.13

Vecima Networks 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-7.1 Mil.

Vecima Networks (FRA:VCM) 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.

Vecima Networks's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	59.485	/	54.468	*	91
=	99.65

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

Vecima Networks's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.23	-	126.092	+	0.75 * 59.485	+	0.5 * 97.979
=	-30.3

Vecima Networks Change In Receivables Related Terms

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Vecima Networks (FRA:VCM) Business Description

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VNWTF:USA VCM:Canada

Address

771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8

Website

https://www.vecima.com

Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.

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