NetBrands (NetBrands) Change In Receivables : $0.16 Mil (TTM As of Mar. 2024)

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What is NetBrands Change In Receivables?

NetBrands's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means NetBrands's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

NetBrands's change in receivables for the fiscal year that ended in Dec. 2023 was $0.06 Mil. It means NetBrands's Accounts Receivable declined by $0.06 Mil from Dec. 2022 to Dec. 2023 .

NetBrands's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.01 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. NetBrands's liquidation value for the three months ended in Mar. 2024 was $-2.09 Mil.

NetBrands Change In Receivables Historical Data

The historical data trend for NetBrands'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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NetBrands Change In Receivables Chart

NetBrands Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.05

-0.08

-0.04

0.11

0.06

NetBrands Quarterly Data
	Jun19	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															-0.10	0.12	0.04	-	-

NetBrands 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 $0.16 Mil.

NetBrands (OTCPK:NBND) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.005	/	0	*	91
=

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

NetBrands'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)
=	0.042	-	2.14	+	0.75 * 0.005	+	0.5 * 0
=	-2.09

NetBrands Change In Receivables Related Terms

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NetBrands (NetBrands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NetBrands Corp (OTCPK:NBND) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

4042 Austin Boulevard, Suite B Island Park, New York, NY, USA, 11558

Website

https://www.gdmginc.com

NetBrands Corp operates as a global diversified holdings company through several divisions. One of its divisions markets and sells multi-line consumer packaged goods (CPG) with branded product lines on a global basis. Another division acquires e-commerce assets as well as private businesses in various verticals and scales them up.

Executives

Paul Adler	director, 10 percent owner, officer: President, Secretary and CEO	4042 AUSTIN BOULEVARD SUITE B, ISLAND PARK NY 11558
David Natan	director	11190 BISCAYNE BLVD, MIAMI FL 33181
Michael Cascione	director	1309 SHELBOURNE AVE, MAMARONECK NY 10543
Sandra G. Williams	director	122 SCHOOL ST., FRAMINGHAM MA 01701
James Curtis Donegan	director	6080 S. CHESTER WAY, GREENWOOD VILLAGE CO 80111
James M Cassidy	other: frmer dir., officer: 5% sh	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	other: frmer dir., officer: 5% sh	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212