Vantage Equities (PHS:V) Change In Receivables : ₱-203 Mil (TTM As of Jun. 2024)

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What is Vantage Equities Change In Receivables?

Vantage Equities's change in receivables for the quarter that ended in Jun. 2024 was ₱60 Mil. It means Vantage Equities's Accounts Receivable declined by ₱60 Mil from Mar. 2024 to Jun. 2024 .

Vantage Equities's change in receivables for the fiscal year that ended in Dec. 2023 was ₱-11 Mil. It means Vantage Equities's Accounts Receivable increased by ₱11 Mil from Dec. 2022 to Dec. 2023 .

Vantage Equities's Accounts Receivable for the quarter that ended in Jun. 2024 was ₱391 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vantage Equities's liquidation value for the three months ended in Jun. 2024 was ₱11,404 Mil.

Vantage Equities Change In Receivables Historical Data

The historical data trend for Vantage Equities'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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Vantage Equities Change In Receivables Chart

Vantage Equities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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120.17

286.98

271.33

-435.42

-11.44

Vantage Equities Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-7.06	12.19	-256.06	-19.66	60.13

Vantage Equities 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-203 Mil.

Vantage Equities (PHS:V) 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.

Vantage Equities's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	390.5	/	-19.069	*	91
=

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

Vantage Equities's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11472.528	-	361.639	+	0.75 * 390.5	+	0.5 * 0
=	11,404

Vantage Equities Change In Receivables Related Terms

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Vantage Equities Business Description

Industry

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Traded in Other Exchanges

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Address

5th Avenue corner 28th Street, 15th Floor, Philippine Stock Exchange, Bonifacio Global City, Metro Manila, Taguig, PHL, 1605

Website

https://www.vantage.com.ph

Vantage Equities Inc is a Philippines-based investment and financial holding company. The business of the company is to invest, hold and use for investment shares of capital stock, bonds, debentures, promissory notes, or other securities or obligations created, negotiated, or issued by any corporation, association, or other entities. It performs its operations under three business segments comprising Investment holdings, Remittance services, and Mutual fund management. The company derives the maximum revenue from the Remittance services segment.