SoLVBL Solutions (SoLVBL Solutions) Change In Receivables : $0.09 Mil (TTM As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is SoLVBL Solutions Change In Receivables?

SoLVBL Solutions's change in receivables for the quarter that ended in Jun. 2023 was $0.15 Mil. It means SoLVBL Solutions's Accounts Receivable declined by $0.15 Mil from Mar. 2023 to Jun. 2023 .

SoLVBL Solutions's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.09 Mil. It means SoLVBL Solutions's Accounts Receivable increased by $0.09 Mil from Dec. 2021 to Dec. 2022 .

SoLVBL Solutions's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.00 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. SoLVBL Solutions's liquidation value for the three months ended in Jun. 2023 was $-2.41 Mil.

SoLVBL Solutions Change In Receivables Historical Data

The historical data trend for SoLVBL Solutions'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.

* Premium members only.

SoLVBL Solutions Change In Receivables Chart

SoLVBL Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Change In Receivables

0.01

-0.07

-0.09

SoLVBL Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Change In Receivables	Get a 7-Day Free Trial													-0.02	-0.02	-0.04	-0.01	0.15

SoLVBL Solutions 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 $0.09 Mil.

SoLVBL Solutions (OTCPK:SOLBF) 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.

SoLVBL Solutions's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

SoLVBL Solutions'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)
=	0.074	-	2.482	+	0.75 * 0	+	0.5 * 0
=	-2.41

SoLVBL Solutions Change In Receivables Related Terms

Thank you for viewing the detailed overview of SoLVBL Solutions's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

SoLVBL Solutions (SoLVBL Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoLVBL Solutions Inc (OTCPK:SOLBF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SOLV:Canada

Address

100 King Street West, First Canadian Place, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.solvbl.com

SoLVBL Solutions Inc is a solution engineering company specializing in applications that address critical data integrity problems. Its products and services include a Supply-chain ecosystem, which enables a single entity to monitor, measure, and manage its inventory and supply management; and a Tracking system that provides a level of security by registering tracker profiles on the ledger using a 256-bit hash. It generates revenue through the sale of services for Blockchain software products.

SoLVBL Solutions (SoLVBL Solutions) Headlines

From GuruFocus

The Power Play by The Market Herald Announces Interviews with SoLVBL Solutions, Xebra Brands Ltd., Prophecy DeFi, and Max Resource on Latest Company News

By ACCESSWIRE ACCESSWIRE • 10-20-2021