Inspire Veterinary Partners (Inspire Veterinary Partners) Change In Receivables : $-0.12 Mil (TTM As of Mar. 2024)

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What is Inspire Veterinary Partners Change In Receivables?

Inspire Veterinary Partners's change in receivables for the quarter that ended in Mar. 2024 was $-0.28 Mil. It means Inspire Veterinary Partners's Accounts Receivable increased by $0.28 Mil from Dec. 2023 to Mar. 2024 .

Inspire Veterinary Partners's change in receivables for the fiscal year that ended in Dec. 2023 was $0.13 Mil. It means Inspire Veterinary Partners's Accounts Receivable declined by $0.13 Mil from Dec. 2022 to Dec. 2023 .

Inspire Veterinary Partners's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.34 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. Inspire Veterinary Partners's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Inspire Veterinary Partners's liquidation value for the three months ended in Mar. 2024 was $-22.53 Mil.

Inspire Veterinary Partners Change In Receivables Historical Data

The historical data trend for Inspire Veterinary Partners'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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Inspire Veterinary Partners Change In Receivables Chart

Inspire Veterinary Partners Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-0.23

0.13

Inspire Veterinary Partners Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial					-0.03	0.15	-0.04	0.06	-0.28

Inspire Veterinary Partners 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 $-0.12 Mil.

Inspire Veterinary Partners (NAS:IVP) 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.

Inspire Veterinary Partners's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.341	/	4.832	*	91
=	6.44

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

Inspire Veterinary Partners'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)
=	0.069	-	23.125	+	0.75 * 0.341	+	0.5 * 0.546
=	-22.53

Inspire Veterinary Partners Change In Receivables Related Terms

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Inspire Veterinary Partners (Inspire Veterinary Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Inspire Veterinary Partners Inc (NAS:IVP) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

780 Lynnhaven Parkway, Suite 400 Virginia Beach, Virginia, Virginia Beach, VA, USA, 23452

Website

Inspire Veterinary Partners Inc owns and operates veterinary hospitals throughout the United States. The company specializes in small animal general practice hospitals which serve all manner of companion pets, emphasizing canine and feline breeds.

Executives

Alexander Lawrence	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Charles Stith Keiser	director, officer: Chief Operating Officer	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Erinn Thomas-mackey	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Kimball Carr	director, officer: See Remarks	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, VA 23452
Peter Lau	director	P.O. BOX 1237, SPRINGDALE AR 72765
Anne Murphy	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Wilderness Trace Veterinary Partners, Llc	other: See Remarks	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Timothy Watters	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Suprock Louis John	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Richard Frank	officer: Chief Financial Officer	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, FL 23452