VCON (Vicon Industries) Change In Receivables: $0.41 Mil (TTM As of Sep. 2018)

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What is Vicon Industries Change In Receivables?

Vicon Industries VCON Change In Receivables is $0.41 Mil as of Sep. 2018.

Vicon Industries's change in receivables for the quarter that ended in Sep. 2018 was $0.38 Mil. It means Vicon Industries's Accounts Receivable declined by $0.38 Mil from Jun. 2018 to Sep. 2018 .

Vicon Industries's change in receivables for the fiscal year that ended in Sep. 2018 was $0.41 Mil. It means Vicon Industries's Accounts Receivable declined by $0.41 Mil from Sep. 2017 to Sep. 2018 .

Vicon Industries's Accounts Receivable for the quarter that ended in Sep. 2018 was $3.92 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. Vicon Industries's Days Sales Outstanding for the three months ended in Sep. 2018 was 54.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vicon Industries's liquidation value for the three months ended in Sep. 2018 was $-4.89 Mil.

Vicon Industries  (OTCPK:VCON) 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.

Vicon Industries's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.915/6.496*91
=54.99

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

Vicon Industries's liquidation value for the quarter that ended in Sep. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.971-12.454+0.75 * 3.915+0.5 * 5.318
=-4.89

* 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.

Vicon Industries Change In Receivables Related Terms

Vicon Industries Change In Receivables Historical Data

* Premium members only.

The historical data trend for Vicon Industries'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.

Vicon Industries Change In Receivables Chart

Vicon Industries Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 -2.30 4.31 1.82 0.41

Vicon Industries Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.59 -1.21 -0.77 2.02 0.38

Vicon Industries 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.41 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.41 Mil mean?
Vicon Industries (VCON) has a Change In Receivables of $0.41 Mil as of Sep. 2018. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Vicon Industries and its competitors.
Is Vicon Industries' Change In Receivables too high?
Vicon Industries' current Change In Receivables is $0.41 Mil.
How does Vicon Industries' Change In Receivables compare to DIRV and GWSN?
Vicon Industries' Change In Receivables of $0.41 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Business Services company?
A good Change In Receivables depends on the Business Services industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Vicon Industries and its competitors. Vicon Industries's current Change In Receivables is $0.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicon Industries stock overvalued right now?
Vicon Industries (VCON) has a current Change In Receivables of $0.41 Mil. The current Change In Receivables is $0.41 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Vicon Industries (VCON), the current Change In Receivables is $0.41 Mil as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vicon Industries Business Description

Address 135 Fell Court, Hauppauge, NY, USA, 11788
Vicon Industries Inc is a video management software company. It develops video management software and designs and markets a wide range of video system components. The company comprises principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. Vicon operates within the electronic protection segment of the security industry. Its product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals.