Vox Valor Capital (LSE:VOX) Accounts Receivable : £0.89 Mil (As of Dec. 2023)

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What is Vox Valor Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vox Valor Capital's accounts receivables for the quarter that ended in Dec. 2023 was £0.89 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vox Valor Capital's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 54.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vox Valor Capital's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-0.00.

Vox Valor Capital Accounts Receivable Historical Data

The historical data trend for Vox Valor Capital's Accounts Receivable 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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Vox Valor Capital Accounts Receivable Chart

Vox Valor Capital Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

2.40

0.89

Vox Valor Capital Semi-Annual Data
	Dec20	Dec21	Jun22	Jun23	Dec23
Accounts Receivable	-	-	-	0.92	0.89

Vox Valor Capital Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Vox Valor Capital Accounts Receivable 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 receivables are being managed.

Vox Valor Capital's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.89	/	2.978	*	91
=	54.54

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Vox Valor Capital's accounts receivable are only considered to be worth 75% of book value:

Vox Valor Capital's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.114	+	0.75 * 0.89	+	0.5 * 0	-	2.796
-	0	-	0)	/	2368.4
=	-0.00

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Vox Valor Capital Accounts Receivable Related Terms

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Vox Valor Capital (LSE:VOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vox Valor Capital Ltd (LSE:VOX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Forbes Hare Trust Company Limited, 10 Market Street, Suite 716, Cassia Court, Camana Bay, Grand Cayman, CYM, KY1-9006

Website

https://www.voxvalor.com

Vox Valor Capital Ltd is the holding company for Vox Capital Limited and its subsidiary companies. It has a focus on making acquisitions of majority stakes in the financial services sector, fund management businesses, niche investment banks, trustee and custodian services businesses, and financial planning businesses.