Global Health Clinics (XCNQ:MJRX) Change In Receivables : C$0.02 Mil (TTM As of Jan. 2024)

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What is Global Health Clinics Change In Receivables?

Global Health Clinics's change in receivables for the quarter that ended in Jan. 2024 was C$0.00 Mil. It means Global Health Clinics's Accounts Receivable declined by C$0.00 Mil from Oct. 2023 to Jan. 2024 .

Global Health Clinics's change in receivables for the fiscal year that ended in Jul. 2023 was C$0.01 Mil. It means Global Health Clinics's Accounts Receivable declined by C$0.01 Mil from Jul. 2022 to Jul. 2023 .

Global Health Clinics's Accounts Receivable for the quarter that ended in Jan. 2024 was C$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. Global Health Clinics's Days Sales Outstanding for the three months ended in Jan. 2024 was 39.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Global Health Clinics's liquidation value for the three months ended in Jan. 2024 was C$-2.70 Mil.

Global Health Clinics Change In Receivables Historical Data

The historical data trend for Global Health Clinics'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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Global Health Clinics Change In Receivables Chart

Global Health Clinics Annual Data

Trend

Jul14

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Jul23

Change In Receivables

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-0.11

0.04

0.17

0.01

Global Health Clinics 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															-	0.02	-	-	-

Global Health Clinics 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$0.02 Mil.

Global Health Clinics (XCNQ:MJRX) 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.

Global Health Clinics's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.009	/	0.021	*	91
=	39.11

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

Global Health Clinics'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)
=	0.023	-	2.733	+	0.75 * 0.009	+	0.5 * 0
=	-2.70

Global Health Clinics Change In Receivables Related Terms

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Global Health Clinics (XCNQ:MJRX) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Global Health Clinics Ltd (XCNQ:MJRX) » Definitions » Change In Receivables

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L00:Germany

Address

837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6

Website

https://www.globalhealthltd.ca

Global Health Clinics Ltd engages in the cannabis industry and operates medical clinics which guide patients through the process of becoming legal users of marijuana and also engages in developing psilocybin products for research and their potential usage for pharmaceutical purposes. The Company operates in two operating segments the operating of medical clinics to guide patients to become legal users of marijuana and the development of psilocybin products for research and potential usage for pharmaceutical purposes. The Company derives its key revenue from Medical Clinics for legal user of Marijuana.

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