AgriFORCE Growing Systems (AgriFORCE Growing Systems) Change In Receivables : $-0.02 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is AgriFORCE Growing Systems Change In Receivables?

AgriFORCE Growing Systems's change in receivables for the quarter that ended in Mar. 2024 was $-0.02 Mil. It means AgriFORCE Growing Systems's Accounts Receivable increased by $0.02 Mil from Dec. 2023 to Mar. 2024 .

AgriFORCE Growing Systems's change in receivables for the fiscal year that ended in Dec. 2023 was $0.02 Mil. It means AgriFORCE Growing Systems's Accounts Receivable declined by $0.02 Mil from Dec. 2022 to Dec. 2023 .

AgriFORCE Growing Systems's Accounts Receivable for the quarter that ended in Mar. 2024 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AgriFORCE Growing Systems's liquidation value for the three months ended in Mar. 2024 was $-4.18 Mil.

AgriFORCE Growing Systems Change In Receivables Historical Data

The historical data trend for AgriFORCE Growing Systems'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.

AgriFORCE Growing Systems Change In Receivables Chart

AgriFORCE Growing Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.01

0.04

-0.02

0.02

AgriFORCE Growing Systems Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.02	-0.04	-0.01	0.04	-0.02

AgriFORCE Growing Systems 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

AgriFORCE Growing Systems (NAS:AGRI) 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.

AgriFORCE Growing Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

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

AgriFORCE Growing Systems's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.863	-	7.047	+	0.75 * 0	+	0.5 * 0
=	-4.18

AgriFORCE Growing Systems Change In Receivables Related Terms

Thank you for viewing the detailed overview of AgriFORCE Growing Systems's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

AgriFORCE Growing Systems (AgriFORCE Growing Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AgriFORCE Growing Systems Ltd (NAS:AGRI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

300-2233 Columbia Street, Vancouver, BC, CAN, V5Y 0M6

Website

https://www.agriforcegs.com

AgriFORCE Growing Systems Ltd is a Canada-based company dedicated to transforming modern agricultural development through its proprietary patent-pending facility design and automated growing system. Its methods are designed to produce high-quality, pesticide-free, locally cultivated crops, cost-effectively and with the ability to quickly scale, in virtually any climate.

Executives

Ingo Wilhelm Mueller	director, officer: Chief Executive Officer	300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6
Amy Griffith	director	718 OLD LANCASTER ROAD, BRYN MAWR PA 19010
Richard Levychin	director	189 MONTAGUE STREET, APT. 28A, BROOKLYN NY 11201
Don Nicholson	director	1602-1228 WEST HASTINGS ST, VANCOUVER A1 V6E 4S6
David Ryan Welch	director	500 SOUTH GRAND AVENUE,, SUITE 1800, LOS ANGELES CA 90071
William John Meekison	director	4475 ROSS CRESCENT, WEST VANCOUVER A1 V7W 1B4
Troy Mcclellan	officer: President, AgriFORCE Solutions	C/O AGRIFORCE GROWING SYSTEMS LTD, 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6