American Green (American Green) Change In Receivables : $0.26 Mil (TTM As of Jun. 2023)

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What is American Green Change In Receivables?

American Green's change in receivables for the quarter that ended in Jun. 2023 was $0.26 Mil. It means American Green's Accounts Receivable declined by $0.26 Mil from Jun. 2022 to Jun. 2023 .

American Green's change in receivables for the fiscal year that ended in Jun. 2023 was $0.26 Mil. It means American Green's Accounts Receivable declined by $0.26 Mil from Jun. 2022 to Jun. 2023 .

American Green's Accounts Receivable for the quarter that ended in Jun. 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. American Green's Days Sales Outstanding for the six months ended in Jun. 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. American Green's liquidation value for the six months ended in Jun. 2023 was $-24.30 Mil.

American Green Change In Receivables Historical Data

The historical data trend for American Green'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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American Green Change In Receivables Chart

American Green Annual Data

Trend

Jun22

Jun23

Change In Receivables

0.17

0.26

American Green Semi-Annual Data
	Jun22	Jun23
Change In Receivables	0.17	0.26

American Green 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 was $0.26 Mil.

American Green (OTCPK:ERBB) 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.

American Green's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	3.793	*	91
=	0.00

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

American Green's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.014	-	24.326	+	0.75 * 0	+	0.5 * 0.032
=	-24.30

American Green Change In Receivables Related Terms

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American Green (American Green) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » American Green Inc (OTCPK:ERBB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 N Gould Street, Suite R, Sheridan, WY, USA, 82801

Website

https://www.americangreen.com

American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and all rights to a line of health supplements.