Blue Line Protection Group (Blue Line Protection Group) Change In Receivables : $0.01 Mil (TTM As of Dec. 2023)

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What is Blue Line Protection Group Change In Receivables?

Blue Line Protection Group's change in receivables for the quarter that ended in Dec. 2023 was $-0.01 Mil. It means Blue Line Protection Group's Accounts Receivable increased by $0.01 Mil from Sep. 2023 to Dec. 2023 .

Blue Line Protection Group's change in receivables for the fiscal year that ended in Dec. 2023 was $0.01 Mil. It means Blue Line Protection Group's Accounts Receivable declined by $0.01 Mil from Dec. 2022 to Dec. 2023 .

Blue Line Protection Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.37 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. Blue Line Protection Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Blue Line Protection Group's liquidation value for the three months ended in Dec. 2023 was $-2.37 Mil.

Blue Line Protection Group Change In Receivables Historical Data

The historical data trend for Blue Line Protection Group'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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Blue Line Protection Group Change In Receivables Chart

Blue Line Protection Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.04

0.01

-0.01

-0.05

0.01

Blue Line Protection Group Quarterly Data
	Mar19	Jun19	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															-0.10	0.04	-0.05	0.02	-0.01

Blue Line Protection Group 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 $0.01 Mil.

Blue Line Protection Group (OTCPK:BLPG) 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.

Blue Line Protection Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.368	/	1.189	*	91
=	28.24

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

Blue Line Protection Group'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)
=	0.586	-	3.234	+	0.75 * 0.368	+	0.5 * 0
=	-2.37

Blue Line Protection Group Change In Receivables Related Terms

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Blue Line Protection Group (Blue Line Protection Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Blue Line Protection Group Inc (OTCPK:BLPG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

5765 Logan Street, Denver, CO, USA, 80216

Website

https://www.bluelineprotectiongroup.com

Blue Line Protection Group Inc is engaged in providing armed protection and transportation, banking, compliance, and training services for businesses engaged in the legal cannabis industry. The services are offered to individuals, businesses, and government entities to protect their licenses and business investments. It offers asset logistic services, such as armored transportation service; security services, including shipment protection, money escorts, security monitoring, asset vaulting, VIP and dignitary protection, financial services, such as handling transportation and storage of currency; training; and compliance services. It generates maximum revenue from transportation and banking services.

Executives

Patrick Deparini	officer: Chief Financial Officer	5440 W. SAHARA AVE., SUITE 202, LAS VEGAS NV 89146
Ricky Gene Bennett	officer: Vice President of Operations	1350 INDEPENDENCE ST., SUITE 300, LAKEWOOD CO 80125
Daniel Scott Sullivan	director, officer: Vice President of Marketing	9457 S. UNIVERSITY BLVD., #272, HIGHLANDS RANCH CO 80126
Sean-robbie Gibson Campbell	director, officer: Chief Executive Officer	1350 INDEPENDENCE ST., 3RD FLOOR, LAKEWOOD CO 80215
David Uddman	director, 10 percent owner, officer: President	3717 W. WOODSIDE, SPOKANE WA 99208

Blue Line Protection Group (Blue Line Protection Group) Headlines

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