ONVC (Online Vacation Center Holdings) Change In Receivables: $0.26 Mil (TTM As of Jun. 2023)

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ONVC Online Vacation Center Holdings Corp ONVC
12 GF Score
Price $1.99
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What is Online Vacation Center Holdings Change In Receivables?

Online Vacation Center Holdings ONVC 12 Change In Receivables is $0.26 Mil as of Jun. 2023. GuruFocus rates ONVC with a GF Score™ of 12/100.

Online Vacation Center Holdings's change in receivables for the quarter that ended in Jun. 2023 was $0.23 Mil. It means Online Vacation Center Holdings's Accounts Receivable declined by $0.23 Mil from Mar. 2023 to Jun. 2023 .

Online Vacation Center Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.60 Mil. It means Online Vacation Center Holdings's Accounts Receivable increased by $0.60 Mil from Dec. 2021 to Dec. 2022 .

Online Vacation Center Holdings's Accounts Receivable for the quarter that ended in Jun. 2023 was $1.36 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. Online Vacation Center Holdings's Days Sales Outstanding for the three months ended in Jun. 2023 was 27.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Online Vacation Center Holdings's liquidation value for the three months ended in Jun. 2023 was $-4.01 Mil.

Online Vacation Center Holdings  (OTCPK:ONVC) 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.

Online Vacation Center Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.362/4.526*91
=27.46

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

Online Vacation Center Holdings's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.481-11.065+0.75 * 1.362+0.5 * 1.103
=-4.01

* 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.

Online Vacation Center Holdings Change In Receivables Related Terms

Online Vacation Center Holdings Change In Receivables Historical Data

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The historical data trend for Online Vacation Center Holdings'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.

Online Vacation Center Holdings Change In Receivables Chart

Online Vacation Center Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 -0.25 1.27 -0.82 -0.60

Online Vacation Center Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
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 -0.50 -0.43 0.00 0.03 0.23
ONVC
12GF Score
Online Vacation Center Holdings Corp ONVC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Online Vacation Center Holdings 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.26 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 $0.26 Mil mean?
Online Vacation Center Holdings (ONVC) has a Change In Receivables of $0.26 Mil as of Jun. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Online Vacation Center Holdings and its competitors.
Is Online Vacation Center Holdings' Change In Receivables too high?
Online Vacation Center Holdings' current Change In Receivables is $0.26 Mil. Overall, Online Vacation Center Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Online Vacation Center Holdings' Change In Receivables compare to NTRP and NNAX?
Online Vacation Center Holdings' Change In Receivables of $0.26 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Change In Receivables depends on the Travel & Leisure 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 Online Vacation Center Holdings and its competitors. Online Vacation Center Holdings's current Change In Receivables is $0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Online Vacation Center Holdings stock overvalued right now?
Online Vacation Center Holdings (ONVC) has a current Change In Receivables of $0.26 Mil. The current Change In Receivables is $0.26 Mil. Online Vacation Center Holdings' overall GF Score™ is 12/100. 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 Online Vacation Center Holdings (ONVC), the current Change In Receivables is $0.26 Mil as of Jun. 2023. 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.

Online Vacation Center Holdings Business Description

Address 2307 West Broward Boulevard, Suite 400, Fort Lauderdale, FL, USA, 33312
Online Vacation Center Holdings Corp is a Florida holding company. It is engaged in the provision of vacation travel and marketing services through its wholly-owned subsidiaries. The company offers vacation services for affluent retiree markets and river, ocean, and land vacation packages, operates a franchise that focuses on travel sales through mobile agents, and offers other services. The company also publishes three travel newsletters, such as Top Travel Deals, Spotlight, and TravelFlash; and operates a website that connects travelers with websites to purchase hotel, resort, and vacation packages.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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