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Victor Mining Industry Group (Victor Mining Industry Group) Change In Receivables : $-0.02 Mil (TTM As of Sep. 2006)


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What is Victor Mining Industry Group Change In Receivables?

Victor Mining Industry Group's change in receivables for the quarter that ended in Sep. 2006 was $0.04 Mil. It means Victor Mining Industry Group's Accounts Receivable declined by $0.04 Mil from Jun. 2006 to Sep. 2006 .

Victor Mining Industry Group's change in receivables for the fiscal year that ended in Dec. 2005 was $-0.13 Mil. It means Victor Mining Industry Group's Accounts Receivable increased by $0.13 Mil from Dec. 2004 to Dec. 2005 .

Victor Mining Industry Group's Accounts Receivable for the quarter that ended in Sep. 2006 was $0.15 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. Victor Mining Industry Group's Days Sales Outstanding for the three months ended in Sep. 2006 was 48.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Victor Mining Industry Group's liquidation value for the three months ended in Sep. 2006 was $-3.26 Mil.


Victor Mining Industry Group Change In Receivables Historical Data

The historical data trend for Victor Mining Industry Group'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.

Victor Mining Industry Group Change In Receivables Chart

Victor Mining Industry Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Change In Receivables
Get a 7-Day Free Trial -0.06 -0.05 -0.02 -0.03 -0.13

Victor Mining Industry Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 -0.02 -0.09 -0.19 0.23 0.04

Victor Mining Industry Group 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. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.


Victor Mining Industry Group  (OTCPK:VMTG) 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.

Victor Mining Industry Group's Days Sales Outstanding for the quarter that ended in Sep. 2006 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.154/0.288*91
=48.79

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

Victor Mining Industry Group's liquidation value for the quarter that ended in Sep. 2006 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.031-3.535+0.75 * 0.154+0.5 * 0.264
=-3.26

* 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.


Victor Mining Industry Group Change In Receivables Related Terms

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Victor Mining Industry Group (Victor Mining Industry Group) Business Description

Traded in Other Exchanges
N/A
Address
69 Waterfall Blvd, The Ponds, Sydney, NSW, AUS
Victor Mining Industry Group Inc is a shell company.
Executives
Hanlin Chen director

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