1933 Industries (1933 Industries) Change In Receivables : $-0.32 Mil (TTM As of Jan. 2024)

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What is 1933 Industries Change In Receivables?

1933 Industries's change in receivables for the quarter that ended in Jan. 2024 was $-0.02 Mil. It means 1933 Industries's Accounts Receivable increased by $0.02 Mil from Oct. 2023 to Jan. 2024 .

1933 Industries's change in receivables for the fiscal year that ended in Jul. 2023 was $-0.65 Mil. It means 1933 Industries's Accounts Receivable increased by $0.65 Mil from Jul. 2022 to Jul. 2023 .

1933 Industries's Accounts Receivable for the quarter that ended in Jan. 2024 was $1.75 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. 1933 Industries's Days Sales Outstanding for the three months ended in Jan. 2024 was 45.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. 1933 Industries's liquidation value for the three months ended in Jan. 2024 was $-13.47 Mil.

1933 Industries Change In Receivables Historical Data

The historical data trend for 1933 Industries'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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1933 Industries Change In Receivables Chart

1933 Industries Annual Data

Trend

Dec14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

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-0.30

0.55

-0.03

-0.26

-0.65

1933 Industries 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															0.07	-0.18	-0.01	-0.11	-0.02

1933 Industries 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 $-0.32 Mil.

1933 Industries (OTCPK:TGIFF) 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.

1933 Industries's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.754	/	3.535	*	91
=	45.28

2. In Ben Graham's calculation of liquidation value, 1933 Industries's accounts receivable are only considered to be worth 75% of book value:

1933 Industries'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)
=	0.6	-	16.404	+	0.75 * 1.754	+	0.5 * 2.044
=	-13.47

1933 Industries Change In Receivables Related Terms

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1933 Industries (1933 Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 1933 Industries Inc (OTCPK:TGIFF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TGIF:Canada

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.1933industries.com

1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.