Emerge Commerce (TSXV:ECOM) Change In Receivables : C$1.24 Mil (TTM As of Dec. 2023)

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What is Emerge Commerce Change In Receivables?

Emerge Commerce's change in receivables for the quarter that ended in Dec. 2023 was C$-0.27 Mil. It means Emerge Commerce's Accounts Receivable increased by C$0.27 Mil from Sep. 2023 to Dec. 2023 .

Emerge Commerce's change in receivables for the fiscal year that ended in Dec. 2023 was C$1.24 Mil. It means Emerge Commerce's Accounts Receivable declined by C$1.24 Mil from Dec. 2022 to Dec. 2023 .

Emerge Commerce's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.46 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. Emerge Commerce's Days Sales Outstanding for the three months ended in Dec. 2023 was 6.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Emerge Commerce's liquidation value for the three months ended in Dec. 2023 was C$-29.36 Mil.

Emerge Commerce Change In Receivables Historical Data

The historical data trend for Emerge Commerce'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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Emerge Commerce Change In Receivables Chart

Emerge Commerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.07

-0.15

0.37

-0.92

1.24

Emerge Commerce Quarterly Data
	Sep19	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													-0.97	0.85	0.76	-0.09	-0.27

Emerge Commerce 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 C$1.24 Mil.

Emerge Commerce (TSXV:ECOM) 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.

Emerge Commerce's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.46	/	6.214	*	91
=	6.75

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

Emerge Commerce'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)
=	2.538	-	32.855	+	0.75 * 0.46	+	0.5 * 1.229
=	-29.36

Emerge Commerce Change In Receivables Related Terms

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Emerge Commerce (TSXV:ECOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emerge Commerce Ltd (TSXV:ECOM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

EMCMF:USA

Address

355 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5V 1S2

Website

https://www.emerge-commerce.com

Emerge Commerce Ltd is a diversified, rapidly growing acquirer and operator of e-commerce brands. The firm's network of subscription and marketplace e-commerce sites provide its members with access to pet products, premium meat and groceries, outdoor gear, golf and other experiences. Its e-commerce portfolio includes WholesalePet.com, trulocal.ca, BattlBox.com, UnderPar.com, JustGolfStuff.ca, CarinvoreClub.co, WagJag.com, and BeRightBack.ca. Geographically, the company operates in Canada and the U.S.

Executives

Drew (charles Andrew) Green

10% Security Holder, Director