VGTel (VGTL) Change In Receivables : $-0.05 Mil (TTM As of Dec. 2014)

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What is VGTel Change In Receivables?

VGTel's change in receivables for the quarter that ended in Dec. 2014 was $-0.05 Mil. It means VGTel's Accounts Receivable increased by $0.05 Mil from Sep. 2014 to Dec. 2014 .

VGTel's change in receivables for the fiscal year that ended in Mar. 2014 was $0.00 Mil. It means VGTel's Accounts Receivable stayed the same from Mar. 2013 to Mar. 2014 .

VGTel's Accounts Receivable for the quarter that ended in Dec. 2014 was $0.05 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. VGTel's liquidation value for the three months ended in Dec. 2014 was $-1.39 Mil.

VGTel Change In Receivables Historical Data

The historical data trend for VGTel'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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VGTel Change In Receivables Chart

VGTel Annual Data

Trend

Mar07

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Mar14

Change In Receivables

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VGTel Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Change In Receivables	Get a 7-Day Free Trial															-	-	-0.03	0.03	-0.05

VGTel 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 Mil.

VGTel (OTCPK:VGTL) 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.

VGTel's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.054	/	0	*	91
=

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

VGTel's liquidation value for the quarter that ended in Dec. 2014 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.661	-	2.093	+	0.75 * 0.054	+	0.5 * 0
=	-1.39

VGTel Change In Receivables Related Terms

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VGTel (VGTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VGTel Inc (OTCPK:VGTL) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

1750 N. Collins Boulevard, Suite 208, Richardson, TX, USA, 75080

Website

http://www.vgtelinc.com

VGTel Inc is a multi-platform entertainment company with an emphasis on capitalizing on the increasing demand for ultra-high definition (UHD) or 4K content.

Executives

Kirk P Mcdonald

director, 10 percent owner

5 STONE FENCE LN, STAMFORD CT 06903