Volta (VLTA) Change In Receivables : $-9.78 Mil (TTM As of Sep. 2022)

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What is Volta Change In Receivables?

Volta's change in receivables for the quarter that ended in Sep. 2022 was $0.41 Mil. It means Volta's Accounts Receivable declined by $0.41 Mil from Jun. 2022 to Sep. 2022 .

Volta's change in receivables for the fiscal year that ended in Dec. 2021 was $-6.44 Mil. It means Volta's Accounts Receivable increased by $6.44 Mil from Dec. 2020 to Dec. 2021 .

Volta's Accounts Receivable for the quarter that ended in Sep. 2022 was $18.52 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. Volta's Days Sales Outstanding for the three months ended in Sep. 2022 was 117.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Volta's liquidation value for the three months ended in Sep. 2022 was $-172.90 Mil.

Volta Change In Receivables Historical Data

The historical data trend for Volta'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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Volta Change In Receivables Chart

Volta Annual Data

Trend

Dec20

Dec21

Change In Receivables

3.99

-6.44

Volta Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Change In Receivables	Get a 7-Day Free Trial				-0.48	-3.93	7.45	-13.72	0.41

Volta 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.78 Mil.

Volta (NYSE:VLTA) 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.

Volta's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.515	/	14.357	*	91
=	117.68

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

Volta's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	15.646	-	203.496	+	0.75 * 18.515	+	0.5 * 2.132
=	-172.90

Volta Change In Receivables Related Terms

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Volta (VLTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Volta Inc (NYSE:VLTA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

155 De Haro Street, San Francisco, CA, USA, 94103

Website

https://www.voltacharging.com

Volta Inc is engaged in the industry of commerce-centric electric vehicle (EV) charging networks. It builds EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers are active. As part of Volta's EV charging offering, its stations allow it to enhance its site hosts' and strategic partners' core commercial interests, creating a new means for them to benefit from the transformative shift to electric mobility.

Executives

Bonita C. Stewart	director	250 COROMAR DRIVE, GOLETA CA 93117
Stephen J. Pilatzke	officer: Chief Accounting Officer	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Katherine J Savitt	director	C/O VOLTA INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Michelle Kley	officer: Chief Legal Officer	C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Vincent T. Cubbage	director, officer: Interim CEO	725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
John J. Tough	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Martin Lauber	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Brandt Hastings	officer: Chief Commercial Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Eli Aheto	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Volta Inc.	officer: Chief Accounting Officer	155 DE HARO STREET, SAN FRANCISCO CA 94103
Yifan Tang	officer: Chief Technology Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Scott Mercer	director, officer: Chief Executive Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Virgo Hermes, Llc	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Jesse C Watson	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Virgo Agency Services Llc	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010