VTWRF (Vantage Towers AG) Change In Receivables: $-66 Mil (TTM As of Mar. 2023)


VTWRF Vantage Towers AG VTWRF
44 GF Score
Price $40.06
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What is Vantage Towers AG Change In Receivables?

Vantage Towers AG VTWRF 44 Change In Receivables is $-66 Mil as of Mar. 2023. GuruFocus rates VTWRF with a GF Score™ of 44/100.

Vantage Towers AG's change in receivables for the quarter that ended in Mar. 2023 was $-8 Mil. It means Vantage Towers AG's Accounts Receivable increased by $8 Mil from Sep. 2022 to Mar. 2023 .

Vantage Towers AG's change in receivables for the fiscal year that ended in Mar. 2023 was $-70 Mil. It means Vantage Towers AG's Accounts Receivable increased by $70 Mil from Mar. 2022 to Mar. 2023 .

Vantage Towers AG's Accounts Receivable for the quarter that ended in Mar. 2023 was $19 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. Vantage Towers AG's Days Sales Outstanding for the six months ended in Mar. 2023 was 5.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vantage Towers AG's liquidation value for the six months ended in Mar. 2023 was $-5,677 Mil.

Vantage Towers AG  (OTCPK:VTWRF) 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.

Vantage Towers AG's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.522/601.606*91
=5.62

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

Vantage Towers AG's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=190.043-5880.621+0.75 * 18.522+0.5 * 0
=-5,677

* 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.

Vantage Towers AG Change In Receivables Related Terms

Vantage Towers AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for Vantage Towers AG'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.

Vantage Towers AG Change In Receivables Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Change In Receivables
-192.14 -9.14 -70.34

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Change In Receivables Get a 7-Day Free Trial -13.69 -12.24 2.31 -57.72 -7.92
VTWRF
44GF Score
Vantage Towers AG VTWRF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Towers AG 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 Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-66 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 $-66 Mil mean?
Vantage Towers AG (VTWRF) has a Change In Receivables of $-66 Mil as of Mar. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Vantage Towers AG and its competitors.
Is Vantage Towers AG's Change In Receivables too high?
Vantage Towers AG's current Change In Receivables is $-66 Mil. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's Change In Receivables compare to BEKE and CBRE?
Vantage Towers AG's Change In Receivables of $-66 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Change In Receivables depends on the Real Estate 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 Vantage Towers AG and its competitors. Vantage Towers AG's current Change In Receivables is $-66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (VTWRF) has a current Change In Receivables of $-66 Mil. The current Change In Receivables is $-66 Mil. Vantage Towers AG's overall GF Score™ is 44/100. 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 Vantage Towers AG (VTWRF), the current Change In Receivables is $-66 Mil as of Mar. 2023. 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.

Vantage Towers AG Business Description

Address Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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