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VCIGF (Vitreous Glass) Change In Receivables : $0.10 Mil (TTM As of Dec. 2024)


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What is Vitreous Glass Change In Receivables?

Vitreous Glass's change in receivables for the quarter that ended in Dec. 2024 was $0.09 Mil. It means Vitreous Glass's Accounts Receivable declined by $0.09 Mil from Sep. 2024 to Dec. 2024 .

Vitreous Glass's change in receivables for the fiscal year that ended in Sep. 2024 was $-0.11 Mil. It means Vitreous Glass's Accounts Receivable increased by $0.11 Mil from Sep. 2023 to Sep. 2024 .

Vitreous Glass's Accounts Receivable for the quarter that ended in Dec. 2024 was $0.26 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. Vitreous Glass's Days Sales Outstanding for the three months ended in Dec. 2024 was 13.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vitreous Glass's liquidation value for the three months ended in Dec. 2024 was $1.19 Mil.


Vitreous Glass Change In Receivables Historical Data

The historical data trend for Vitreous Glass'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.

Vitreous Glass Change In Receivables Chart

Vitreous Glass Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.70 -0.09 0.09 -0.11

Vitreous Glass Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.12 - 0.02 -0.01 0.09

Vitreous Glass 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.10 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.


Vitreous Glass  (OTCPK:VCIGF) 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.

Vitreous Glass's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.258/1.726*91
=13.64

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

Vitreous Glass's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.811-1.062+0.75 * 0.258+0.5 * 0.497
=1.19

* 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.


Vitreous Glass Change In Receivables Related Terms

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Vitreous Glass Business Description

Traded in Other Exchanges
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.

Vitreous Glass Headlines

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