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VEF Radiotehnika RRR (ORSE:RRR1R) Change In Receivables : €0.03 Mil (TTM As of Sep. 2020)


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What is VEF Radiotehnika RRR Change In Receivables?

VEF Radiotehnika RRR's change in receivables for the quarter that ended in Sep. 2020 was €0.07 Mil. It means VEF Radiotehnika RRR's Accounts Receivable declined by €0.07 Mil from Jun. 2020 to Sep. 2020 .

VEF Radiotehnika RRR's change in receivables for the fiscal year that ended in Dec. 2019 was €0.02 Mil. It means VEF Radiotehnika RRR's Accounts Receivable declined by €0.02 Mil from Dec. 2018 to Dec. 2019 .

VEF Radiotehnika RRR's Accounts Receivable for the quarter that ended in Sep. 2020 was €0.07 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. VEF Radiotehnika RRR's Days Sales Outstanding for the three months ended in Sep. 2020 was 3,011.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. VEF Radiotehnika RRR's liquidation value for the three months ended in Sep. 2020 was €-0.00 Mil.


VEF Radiotehnika RRR Change In Receivables Historical Data

The historical data trend for VEF Radiotehnika RRR'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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VEF Radiotehnika RRR Change In Receivables Chart

VEF Radiotehnika RRR Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 0.09 -0.09 -0.09 0.02

VEF Radiotehnika RRR Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 - -0.01 0.02 -0.04 0.07

VEF Radiotehnika RRR 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.03 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.


VEF Radiotehnika RRR  (ORSE:RRR1R) 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.

VEF Radiotehnika RRR's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.066/0.002*91
=3,011.25

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

VEF Radiotehnika RRR's liquidation value for the quarter that ended in Sep. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.002-0.08+0.75 * 0.066+0.5 * 0.054
=-0.00

* 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.


VEF Radiotehnika RRR Change In Receivables Related Terms

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VEF Radiotehnika RRR (ORSE:RRR1R) Business Description

Traded in Other Exchanges
N/A
Address
Kurzemes prospekts 3, Riga, LVA, LV-1067
VEF Radiotehnika RRR is a Latvia based company engaged in the activity of purchase and sales of acoustic systems and their enclosures. It is also involved in the real estate renting services activity. The company primarily manufactures loudspeaker cabinets for companies in Italy, Germany and Czech Republic. Its products include Active Subwoofer, Center Channel, Floorstanding, Rigonda S Home Theater.

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