VDKB (Vodka Brands) Change In Receivables: $-0.01 Mil (TTM As of Dec. 2018)


What is Vodka Brands Change In Receivables?

Vodka Brands VDKB Change In Receivables is $-0.01 Mil as of Dec. 2018.

Vodka Brands's change in receivables for the quarter that ended in Dec. 2018 was $0.00 Mil. It means Vodka Brands's Accounts Receivable stayed the same from Dec. 2017 to Dec. 2018 .

Vodka Brands's change in receivables for the fiscal year that ended in Dec. 2018 was $-0.01 Mil. It means Vodka Brands's Accounts Receivable increased by $0.01 Mil from Dec. 2017 to Dec. 2018 .

Vodka Brands's Accounts Receivable for the quarter that ended in Dec. 2018 was $0.04 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. Vodka Brands's Days Sales Outstanding for the three months ended in Dec. 2018 was 399.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vodka Brands's liquidation value for the three months ended in Dec. 2018 was $-0.21 Mil.

Vodka Brands  (OTCPK:VDKB) 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.

Vodka Brands's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.035/0.008*91
=399.22

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

Vodka Brands's liquidation value for the quarter that ended in Dec. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.003-0.304+0.75 * 0.035+0.5 * 0.136
=-0.21

* 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.

Vodka Brands Change In Receivables Related Terms

Vodka Brands Change In Receivables Historical Data

* Premium members only.

The historical data trend for Vodka Brands'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.

Vodka Brands Change In Receivables Chart

Vodka Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Change In Receivables
-0.01 -0.02 0.00 0.00 -0.01

Vodka Brands Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 -0.01 -0.01 0.01 0.00 0.00

Vodka Brands 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
Vodka Brands (VDKB) has a Change In Receivables of $-0.01 Mil as of Dec. 2018. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Vodka Brands and its competitors.
Is Vodka Brands' Change In Receivables too high?
Vodka Brands' current Change In Receivables is $-0.01 Mil.
How does Vodka Brands' Change In Receivables compare to JCTG and EAST?
Vodka Brands' Change In Receivables of $-0.01 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Change In Receivables depends on the Beverages - Alcoholic 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 Vodka Brands and its competitors. Vodka Brands's current Change In Receivables is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodka Brands stock overvalued right now?
Vodka Brands (VDKB) has a current Change In Receivables of $-0.01 Mil. The current Change In Receivables is $-0.01 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 Vodka Brands (VDKB), the current Change In Receivables is $-0.01 Mil as of Dec. 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.

Vodka Brands Business Description

Address 1 Desiderio Way, McKees Rocks, PA, USA, 15136
Vodka Brands Corp is engaged in the business of developing, marketing, importing, and distributing vodka products. The company markets and sells its products under the Blue diamond and Diamond girl brand names. Its products are sold to wholesale distributors as well as state alcohol beverage control products in the U.S.