Virtus Global Multi-Sector (Virtus Global Multi-Sector) Change In Receivables : $-0.25 Mil (TTM As of Nov. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Virtus Global Multi-Sector Change In Receivables?

Virtus Global Multi-Sector's change in receivables for the quarter that ended in Nov. 2023 was $-1.04 Mil. It means Virtus Global Multi-Sector's Accounts Receivable increased by $1.04 Mil from May. 2023 to Nov. 2023 .

Virtus Global Multi-Sector's change in receivables for the fiscal year that ended in Nov. 2023 was $-0.25 Mil. It means Virtus Global Multi-Sector's Accounts Receivable increased by $0.25 Mil from Nov. 2022 to Nov. 2023 .

Virtus Global Multi-Sector's Accounts Receivable for the quarter that ended in Nov. 2023 was $0.00 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. Virtus Global Multi-Sector's Days Sales Outstanding for the six months ended in Nov. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Virtus Global Multi-Sector's liquidation value for the six months ended in Nov. 2023 was $-43.02 Mil.

Virtus Global Multi-Sector Change In Receivables Historical Data

The historical data trend for Virtus Global Multi-Sector'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.

* Premium members only.

Virtus Global Multi-Sector Change In Receivables Chart

Virtus Global Multi-Sector Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

Get a 7-Day Free Trial

0.27

0.20

0.13

-0.44

-0.25

Virtus Global Multi-Sector Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Change In Receivables	Get a 7-Day Free Trial								0.12	0.05	-0.48	0.79	-1.04

Virtus Global Multi-Sector 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.25 Mil.

Virtus Global Multi-Sector (NYSE:VGI) 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.

Virtus Global Multi-Sector's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	3.326	*	91
=	0.00

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

Virtus Global Multi-Sector's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.336	-	45.359	+	0.75 * 0	+	0.5 * 0
=	-43.02

Virtus Global Multi-Sector Change In Receivables Related Terms

Thank you for viewing the detailed overview of Virtus Global Multi-Sector's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtus Global Multi-Sector (Virtus Global Multi-Sector) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Global Multi-Sector Inc (NYSE:VGI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301-9683

Website

https://www.virtus.com

Virtus Global Multi-Sector Inc is a United States-based diversified, closed-end management investment company. Its investment objective is to maximize current income while preserving capital. The Fund seeks to achieve its investment objectives by capitalizing on opportunities across undervalued areas of the global bond markets.

Executives

Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Sarah E Cogan	director	1633 BROADWAY, NEW YORK NY 10019
F Ford Drummond	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Richard W Smirl	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
John R Mallin	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Sidney E Harris	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Geraldine M Mcnamara	director	150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
Rogers James B Jr	director	14 WESLEY STREET, HAMILTON D0 HM11
James M Oates	director	C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Thomas F. Mann	director	125 EAST ELM STREET, SUITE 200, CONSHOHOCKEN PA 19428
Benjamin Caron	other: Officer of the Sub-Adviser	C/O NEWFLEET ASSET MANAGEMENT, LLC, 100 PEARL STREET, HARTFORD CT 06103