Vertex (LTS:0A3L) Change In Receivables : $-14.8 Mil (TTM As of Mar. 2025)

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What is Vertex Change In Receivables?

Vertex's change in receivables for the quarter that ended in Mar. 2025 was $11.8 Mil. It means Vertex's Accounts Receivable declined by $11.8 Mil from Dec. 2024 to Mar. 2025 .

Vertex's change in receivables for the fiscal year that ended in Dec. 2024 was $-22.1 Mil. It means Vertex's Accounts Receivable increased by $22.1 Mil from Dec. 2023 to Dec. 2024 .

Vertex's Accounts Receivable for the quarter that ended in Mar. 2025 was $152.3 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. Vertex's Days Sales Outstanding for the three months ended in Mar. 2025 was 78.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vertex's liquidation value for the three months ended in Mar. 2025 was $-569.0 Mil.

Vertex Change In Receivables Historical Data

The historical data trend for Vertex'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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Vertex Change In Receivables Chart

Vertex Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-6.76

2.96

-25.67

-45.22

-22.08

Vertex 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															4.48	15.25	-4.14	-37.67	11.77

Vertex 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 $-14.8 Mil.

Vertex (LTS:0A3L) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	152.338	/	177.062	*	91
=	78.51

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

Vertex'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)
=	270.395	-	953.654	+	0.75 * 152.338	+	0.5 * 0
=	-569.0

Vertex Change In Receivables Related Terms

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Vertex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vertex Inc (LTS:0A3L) » Definitions » Change In Receivables

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VERX:USA 56X:Germany 56X:Germany

Address

2301 Renaissance Boulevard, King of Prussia, PA, USA, 19406

Website

https://www.vertexinc.com

Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.

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