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Body and Mind (XCNQ:BAMM) Change In Receivables : C$-2.65 Mil (TTM As of Jan. 2024)


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What is Body and Mind Change In Receivables?

Body and Mind's change in receivables for the quarter that ended in Jan. 2024 was C$-2.27 Mil. It means Body and Mind's Accounts Receivable increased by C$2.27 Mil from Oct. 2023 to Jan. 2024 .

Body and Mind's change in receivables for the fiscal year that ended in Jul. 2023 was C$-0.18 Mil. It means Body and Mind's Accounts Receivable increased by C$0.18 Mil from Jul. 2022 to Jul. 2023 .

Body and Mind's Accounts Receivable for the quarter that ended in Jan. 2024 was C$0.05 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. Body and Mind's Days Sales Outstanding for the three months ended in Jan. 2024 was 0.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Body and Mind's liquidation value for the three months ended in Jan. 2024 was C$-34.85 Mil.


Body and Mind Change In Receivables Historical Data

The historical data trend for Body and Mind'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.

Body and Mind Change In Receivables Chart

Body and Mind Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.66 1.73 -0.66 1.50 -0.18

Body and Mind Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 -0.28 0.14 -0.24 -2.27

Body and Mind 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.65 Mil.

* 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.


Body and Mind  (XCNQ:BAMM) 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.

Body and Mind's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.046/5.945*91
=0.71

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

Body and Mind's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.953-37.273+0.75 * 0.046+0.5 * 0.864
=-34.85

* 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.


Body and Mind Change In Receivables Related Terms

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Body and Mind (XCNQ:BAMM) Business Description

Traded in Other Exchanges
Address
750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.
Executives
Darren Tindale Senior Officer

Body and Mind (XCNQ:BAMM) Headlines

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