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VIVK (Vivakor) Change In Receivables : $0.12 Mil (TTM As of Jun. 2024)


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What is Vivakor Change In Receivables?

Vivakor's change in receivables for the quarter that ended in Jun. 2024 was $0.70 Mil. It means Vivakor's Accounts Receivable declined by $0.70 Mil from Mar. 2024 to Jun. 2024 .

Vivakor's change in receivables for the fiscal year that ended in Dec. 2023 was $0.93 Mil. It means Vivakor's Accounts Receivable declined by $0.93 Mil from Dec. 2022 to Dec. 2023 .

Vivakor's Accounts Receivable for the quarter that ended in Jun. 2024 was $3.48 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. Vivakor's Days Sales Outstanding for the three months ended in Jun. 2024 was 19.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vivakor's liquidation value for the three months ended in Jun. 2024 was $-55.49 Mil.


Vivakor Change In Receivables Historical Data

The historical data trend for Vivakor'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.

Vivakor Change In Receivables Chart

Vivakor Annual Data
Trend Dec07 Dec08 Dec09 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial - -0.02 - 2.59 0.93

Vivakor Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1.23 -0.40 1.37 -1.55 0.70

Vivakor 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.12 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.


Vivakor  (NAS:VIVK) 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.

Vivakor's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.479/16.181*91
=19.62

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

Vivakor's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.508-58.646+0.75 * 3.479+0.5 * 0.075
=-55.49

* 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.


Vivakor Change In Receivables Related Terms

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Vivakor Business Description

Industry
Traded in Other Exchanges
N/A
Address
4101 North Thanksgiving Way, Lehi, UT, USA, 84043
Vivakor Inc is an operator, acquirer, and developer of clean energy technologies and environmental solutions, with a focus on soil remediation. The company remediates the soil and extracts hydrocarbons, such as oils, which are then used to produce asphaltic cement and petroleum-based products. Currently, the company is focusing on remediating oil spills resulting from the Iraqi invasion of Kuwait and naturally occurring oil sand deposits in the Unita basin of Eastern Utah.
Executives
David Natan director 11190 BISCAYNE BLVD, MIAMI FL 33181
James H. Ballengee 10 percent owner 2009 CHENAULT DRIVE, SUITE 100, CARROLLTON TX 75006
Matthew Nicosia director 2 PARK PLAZA, SUITE 400, IRVINE CA 92614
Al Ferrara director 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Trent Philip Staggs director 2067 W. BAMBERGER DRIVE, RIVERTON UT 84065
Spence Joseph S Jr director C/O VIVAKOR, INC., 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Tyler Robert Nelson officer: Chief Financial Officer C/O VIVAKOR, INC., 433 LAWNDALE AVENUE, SOUTH SALT LAKE CITY UT 84115
Francis Wen-hou Chen director 1821 JONES STREET, SAN FRANCISCO CA 94109
Fritz Lin director 2590 HOLIDAY ROAD, SUITE 100, CORALVILLE IA 52241
John Gryga director 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Tannin J Fuja director, 10 percent owner, officer: CEO and President 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Ed Corrente officer: CFO 2590 HOLIDAY ROAD #100, CORALVILLE IA 52241
Nfg, Inc. 10 percent owner 2222 MICHELSON #222-164, IRVINE CA 92612