Visionary Holdings (Visionary Holdings) Change In Receivables : $0.00 Mil (TTM As of Sep. 2023)

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What is Visionary Holdings Change In Receivables?

Visionary Holdings's change in receivables for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Visionary Holdings's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Visionary Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was $0.12 Mil. It means Visionary Holdings's Accounts Receivable declined by $0.12 Mil from Mar. 2022 to Mar. 2023 .

Visionary Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.07 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. Visionary Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 2.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Visionary Holdings's liquidation value for the six months ended in Sep. 2023 was $-70.17 Mil.

Visionary Holdings Change In Receivables Historical Data

The historical data trend for Visionary Holdings'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.

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Visionary Holdings Change In Receivables Chart

Visionary Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-0.13

-3.14

2.49

0.12

Visionary Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-0.51	3.00	-	-	-

Visionary Holdings 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

Visionary Holdings (NAS:GV) 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.

Visionary Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.07	/	4.954	*	91
=	2.58

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

Visionary Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.481	-	70.704	+	0.75 * 0.07	+	0.5 * 0
=	-70.17

Visionary Holdings Change In Receivables Related Terms

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Visionary Holdings (Visionary Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Visionary Holdings Inc (NAS:GV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Moatfield Drive, Unit 1003, Toronto, ON, CAN, M3B 0A2

Website

https://www.visiongroupca.com

Visionary Education Technology Holdings Group Inc engaged in education related businesses, which includes high school education programs, real estate development, vocational education, online education and other education-related consulting services.