Althea Group Holdings (Althea Group Holdings) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Althea Group Holdings Change In Receivables?

Althea Group Holdings's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Althea Group Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Althea Group Holdings's change in receivables for the fiscal year that ended in Jun. 2023 was $0.00 Mil. It means Althea Group Holdings's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Althea Group Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $2.39 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. Althea Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 43.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Althea Group Holdings's liquidation value for the six months ended in Dec. 2023 was $-9.88 Mil.

Althea Group Holdings Change In Receivables Historical Data

The historical data trend for Althea Group 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.

* Premium members only.

Althea Group Holdings Change In Receivables Chart

Althea Group Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

Althea Group Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial						-	-	-	-	-

Althea Group 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 $0.00 Mil.

Althea Group Holdings (OTCPK:AHGHF) 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.

Althea Group 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
=	2.388	/	10.08	*	91
=	43.24

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

Althea Group 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)
=	1.513	-	15.302	+	0.75 * 2.388	+	0.5 * 4.233
=	-9.88

Althea Group Holdings Change In Receivables Related Terms

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

Althea Group Holdings (Althea Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Althea Group Holdings Ltd (OTCPK:AHGHF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

AGH:Australia

Address

360 Elizabeth Street, Suite 2, Level 50, Melbourne, VIC, AUS, 3000

Website

https://www.althea.life

Althea Group Holdings Ltd is engaged in the manufacturing, sales, and distribution of cannabis-based medicines and recreational cannabis products. It operates in three reportable segments Pharmaceutical Cannabis, Recreational Cannabis, and Corporate in which it generates the majority of its revenue from Pharmaceutical Cannabis. It operates into four geographic segments: Australia, the United Kingdom, Canada, and others. The company earns key revenue from Australia and through the sale of medicinal cannabis products.

Althea Group Holdings (Althea Group Holdings) Headlines

From GuruFocus

Peak partners with Boston Beer Company to develop, produce, and distribute cannabis-infused beverages in Canada

By PRNewswire PRNewswire • 09-01-2021