Vtion Wireless Technology AG (XTER:V33) Change In Receivables: €1.07 Mil (TTM As of Sep. 2015)

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What is Vtion Wireless Technology AG Change In Receivables?

Vtion Wireless Technology AG XTER:V33 Change In Receivables is €1.07 Mil as of Sep. 2015.

Vtion Wireless Technology AG's change in receivables for the quarter that ended in Sep. 2015 was €-5.34 Mil. It means Vtion Wireless Technology AG's Accounts Receivable increased by €5.34 Mil from Jun. 2015 to Sep. 2015 .

Vtion Wireless Technology AG's change in receivables for the fiscal year that ended in Dec. 2014 was €7.22 Mil. It means Vtion Wireless Technology AG's Accounts Receivable declined by €7.22 Mil from Dec. 2013 to Dec. 2014 .

Vtion Wireless Technology AG's Accounts Receivable for the quarter that ended in Sep. 2015 was €11.60 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. Vtion Wireless Technology AG's Days Sales Outstanding for the three months ended in Sep. 2015 was 459.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vtion Wireless Technology AG's liquidation value for the three months ended in Sep. 2015 was €145.04 Mil.

Vtion Wireless Technology AG  (XTER:V33) 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.

Vtion Wireless Technology AG's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.6/2.302*91
=459.82

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

Vtion Wireless Technology AG's liquidation value for the quarter that ended in Sep. 2015 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=140.666-4.63+0.75 * 11.6+0.5 * 0.611
=145.04

* 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.

Vtion Wireless Technology AG Change In Receivables Related Terms

Vtion Wireless Technology AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for Vtion Wireless Technology 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.

Vtion Wireless Technology AG Change In Receivables Chart

Vtion Wireless Technology AG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Change In Receivables
Get a 7-Day Free Trial 2.23 10.67 -0.76 8.72 7.22

Vtion Wireless Technology AG Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.11 4.53 2.36 -0.48 -5.34

Vtion Wireless Technology 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.07 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 €1.07 Mil mean?
Vtion Wireless Technology AG (XTER:V33) has a Change In Receivables of €1.07 Mil as of Sep. 2015. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Vtion Wireless Technology AG and its competitors.
Is Vtion Wireless Technology AG's Change In Receivables too high?
Vtion Wireless Technology AG's current Change In Receivables is €1.07 Mil.
How does Vtion Wireless Technology AG's Change In Receivables compare to SSFT?
Vtion Wireless Technology AG's Change In Receivables of €1.07 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Receivables depends on the Hardware 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 Vtion Wireless Technology AG and its competitors. Vtion Wireless Technology AG's current Change In Receivables is €1.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vtion Wireless Technology AG stock overvalued right now?
Vtion Wireless Technology AG (XTER:V33) has a current Change In Receivables of €1.07 Mil. The current Change In Receivables is €1.07 Mil. 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 Vtion Wireless Technology AG (XTER:V33), the current Change In Receivables is €1.07 Mil as of Sep. 2015. 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.

Vtion Wireless Technology AG Business Description

Address 11-12, 11F Westhafen Tower, Westhafen Plaza 1, Frankfurt, DEU, 60327
Vtion Wireless Technology AG is a German company engaged as a supplier of wireless computing solutions and products for mobile internet access through broadband wireless networks in China. The products of the company include wireless data cards.