Clever Leaves Holdings (Clever Leaves Holdings) Change In Receivables : $1.40 Mil (TTM As of Dec. 2023)

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What is Clever Leaves Holdings Change In Receivables?

Clever Leaves Holdings's change in receivables for the quarter that ended in Dec. 2023 was $0.89 Mil. It means Clever Leaves Holdings's Accounts Receivable declined by $0.89 Mil from Sep. 2023 to Dec. 2023 .

Clever Leaves Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $1.40 Mil. It means Clever Leaves Holdings's Accounts Receivable declined by $1.40 Mil from Dec. 2022 to Dec. 2023 .

Clever Leaves Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.91 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. Clever Leaves Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Clever Leaves Holdings's liquidation value for the three months ended in Dec. 2023 was $2.73 Mil.

Clever Leaves Holdings Change In Receivables Historical Data

The historical data trend for Clever Leaves 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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Clever Leaves Holdings Change In Receivables Chart

Clever Leaves Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.51

-1.38

-1.84

0.26

1.40

Clever Leaves Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial												0.63	-0.40	0.03	0.88	0.89

Clever Leaves 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 quarterly data reported by the company within the most recent 12 months, which was $1.40 Mil.

Clever Leaves Holdings (OTCPK:CLVRW) 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.

Clever Leaves 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
=	0.907	/	4.638	*	91
=	17.84

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

Clever Leaves 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)
=	6.831	-	7.026	+	0.75 * 0.907	+	0.5 * 4.483
=	2.73

Clever Leaves Holdings Change In Receivables Related Terms

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Clever Leaves Holdings (Clever Leaves Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Clever Leaves Holdings Inc (OTCPK:CLVRW) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CLVR:USA

Address

19-B Parque Industrial Tibitoc, Tocancipá, Cundinamarca, Bodega, Colombia, BC, CAN

Website

https://www.cleverleaves.com

Clever Leaves Holdings Inc is a producer of pharmaceutical and consumer cannabis brands. The company operates and has investments in Canada, Colombia, Germany, Portugal, and the United States. The company operates in two reportable segments, 1. The Cannabinoid operating segment: is comprised of the Company's cultivation, extraction, and commercialization of cannabinoid products. 2. Non-Cannabinoid operating segment is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing nutraceutical and other natural remedies, wellness products, detoxification products, and nutritional and dietary supplements.