VM Hotel Acquisition (TSX:VMH.V) Change In Receivables : $0.24 Mil (TTM As of Sep. 2023)

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What is VM Hotel Acquisition Change In Receivables?

VM Hotel Acquisition's change in receivables for the quarter that ended in Sep. 2023 was $0.07 Mil. It means VM Hotel Acquisition's Accounts Receivable declined by $0.07 Mil from Jun. 2023 to Sep. 2023 .

VM Hotel Acquisition's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.12 Mil. It means VM Hotel Acquisition's Accounts Receivable increased by $0.12 Mil from Dec. 2021 to Dec. 2022 .

VM Hotel Acquisition's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.01 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. VM Hotel Acquisition's liquidation value for the three months ended in Sep. 2023 was $-5.51 Mil.

VM Hotel Acquisition Change In Receivables Historical Data

The historical data trend for VM Hotel Acquisition'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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VM Hotel Acquisition Change In Receivables Chart

VM Hotel Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Change In Receivables

-0.16

-0.12

VM Hotel Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial						-0.06	-0.04	0.22	-	0.07

VM Hotel Acquisition 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.24 Mil.

VM Hotel Acquisition (TSX:VMH.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.

VM Hotel Acquisition's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.005	/	0	*	91
=

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

VM Hotel Acquisition's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.033	-	5.548	+	0.75 * 0.005	+	0.5 * 0
=	-5.51

VM Hotel Acquisition Change In Receivables Related Terms

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VM Hotel Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » VM Hotel Acquisition Corp (TSX:VMH.V) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

161 Bay Street, Suite 2420, Toronto, ON, CAN, M5J 1C4

Website

https://www.vcmgam.com

VM Hotel Acquisition Corp is a special purpose acquisition company domiciled in Canada.

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