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VS Media Holdings (VS Media Holdings) Change In Receivables : $-0.21 Mil (TTM As of Dec. 2023)


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What is VS Media Holdings Change In Receivables?

VS Media Holdings's change in receivables for the quarter that ended in Dec. 2023 was $-0.50 Mil. It means VS Media Holdings's Accounts Receivable increased by $0.50 Mil from Jun. 2023 to Dec. 2023 .

VS Media Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.21 Mil. It means VS Media Holdings's Accounts Receivable increased by $0.21 Mil from Dec. 2022 to Dec. 2023 .

VS Media Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $2.13 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. VS Media Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 87.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. VS Media Holdings's liquidation value for the six months ended in Dec. 2023 was $-2.79 Mil.

VS Media Holdings Change In Receivables Historical Data

The historical data trend for VS Media 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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VS Media Holdings Change In Receivables Chart

VS Media Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-0.76 -0.30 0.48 -0.21

VS Media Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial 0.02 0.57 -0.09 0.28 -0.50

VS Media 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.21 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.

VS Media Holdings  (NAS:VSME) 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.

VS Media Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.131/4.464*91
=87.12

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

VS Media Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.5-5.89+0.75 * 2.131+0.5 * 0
=-2.79

* 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.

VS Media Holdings Change In Receivables Related Terms

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VS Media Holdings (VS Media Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VS Media Holdings Ltd (NAS:VSME) » Definitions » Change In Receivables
Comparable Companies
ICLK TRKA SWAG CNFN INUV DLPN LDWY CNET ANTE MGOL XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
75 Hung To Road, 6th Floor, KOHO, Kwun Tong, Hong Kong, HKG
Website
https://www.vs-media.com
VS Media Holdings Ltd manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. The company's business provides value to two major business stakeholders: Creators and Brands. Its Value to Creators: It empowers and supports Creators by providing them with production facilities, training, and funding to produce quality content. Its Value to Brands: the company bridges the divide between Brands and Creators by helping Brands reach their target audience effectively by advising on content strategy and budget and recommending specific Creators.