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Virtusa (Virtusa) Change In Receivables : $49 Mil (TTM As of Dec. 2020)


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What is Virtusa Change In Receivables?

Virtusa's change in receivables for the quarter that ended in Dec. 2020 was $18 Mil. It means Virtusa's Accounts Receivable declined by $18 Mil from Sep. 2020 to Dec. 2020 .

Virtusa's change in receivables for the fiscal year that ended in Mar. 2020 was $-12 Mil. It means Virtusa's Accounts Receivable increased by $12 Mil from Mar. 2019 to Mar. 2020 .

Virtusa's Accounts Receivable for the quarter that ended in Dec. 2020 was $140 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. Virtusa's Days Sales Outstanding for the three months ended in Dec. 2020 was 36.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Virtusa's liquidation value for the three months ended in Dec. 2020 was $-259 Mil.


Virtusa Change In Receivables Historical Data

The historical data trend for Virtusa'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.

Virtusa Change In Receivables Chart

Virtusa Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.12 -13.51 -36.54 -22.74 -12.44

Virtusa Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 14.91 -31.56 54.69 7.48 17.96

Virtusa 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $49 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.


Virtusa  (NAS:VRTU) 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.

Virtusa's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=140.012/346.1*91
=36.91

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

Virtusa's liquidation value for the quarter that ended in Dec. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=349.806-714.154+0.75 * 140.012+0.5 * 0
=-259

* 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.


Virtusa Change In Receivables Related Terms

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Virtusa (Virtusa) Business Description

Traded in Other Exchanges
N/A
Address
132 Turnpike Road, Suite 300, Southborough, MA, USA, 01772
Virtusa Corp provides a range of information technology, or IT, services. The company organizes its services into three categories: business and IT consulting, technology implementation, and application outsourcing. The business and IT consulting services include IT assessment and planning, network architecture and design, and governance-related services. Technology implementation services include application development, legacy asset management, information management, and testing. Application outsourcing services include application and platform management, infrastructure management, and software quality assurance management. The company generates the majority of revenue from North America.
Executives
Patricia Morrison director ONE BAXTER PARKWAY, DEERFIELD IL 60015
Ranjan Kalia officer: EVP & Chief Financial Officer C/O VIRTUSA CORPORATION 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Abidali Neemuchwala director C/O VIRTUSA CORPORATION, 132 TURNPIKE RD, STE. 300, SOUTHBOROUGH MA 01772
Sundararajan Narayanan officer: EVP, CPO and Global Head of HR C/O VIRTUSA CORPORATION 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Samir Dhir officer: President & Head of Americas C/O VIRTUSA CORPORATION 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Kris A Canekeratne director, officer: Chairman & CEO 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Thomas R Holler officer: EVP and CSO 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Roger Keith Modder officer: EVP, COO & MD EMEA 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Rowland T Moriarty director 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Orogen Holdings Llc director ONE ROCKEFELLER PLAZA, SUITE 2416, NEW YORK NY 10020
Barry R Nearhos director C/O VIRTUSA CORPORATION, 200 WEST PARK DRIVE, WESTBOROUGH MA 01581
Atairos-orogen Holdings, Llc director C/O ATAIROS MANAGEMENT, L.P., 40 MORRIS ROAD, BRYN MAWR PA 19010
Orogen Group Llc director ONE ROCKEFELLER PLAZA, SUITE 2416, NEW YORK NY 10020
Atairos Partners, L.p. director 40 MORRIS AVENUE, BRYN MAWR PA 19010
Atairos Partners Gp, Inc. director 40 MORRIS AVENUE, BRYN MAWR PA 19010

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