Green Thumb Industries (XCNQ:GTII) Change In Receivables : C$-16 Mil (TTM As of Dec. 2023)

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What is Green Thumb Industries Change In Receivables?

Green Thumb Industries's change in receivables for the quarter that ended in Dec. 2023 was C$-6 Mil. It means Green Thumb Industries's Accounts Receivable increased by C$6 Mil from Sep. 2023 to Dec. 2023 .

Green Thumb Industries's change in receivables for the fiscal year that ended in Dec. 2023 was C$-16 Mil. It means Green Thumb Industries's Accounts Receivable increased by C$16 Mil from Dec. 2022 to Dec. 2023 .

Green Thumb Industries's Accounts Receivable for the quarter that ended in Dec. 2023 was C$58 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. Green Thumb Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Green Thumb Industries's liquidation value for the three months ended in Dec. 2023 was C$-720 Mil.

Green Thumb Industries Change In Receivables Historical Data

The historical data trend for Green Thumb 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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Green Thumb Industries Change In Receivables Chart

Green Thumb Industries Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.04

-18.26

-0.20

-12.01

-16.10

Green Thumb Industries 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															-0.20	-0.53	-10.47	0.80	-5.81

Green Thumb 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-16 Mil.

Green Thumb Industries (XCNQ:GTII) 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.

Green Thumb Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	57.655	/	373.275	*	91
=	14.09

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

Green Thumb Industries'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)
=	216.848	-	1055.572	+	0.75 * 57.655	+	0.5 * 151.561
=	-720

Green Thumb Industries Change In Receivables Related Terms

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Green Thumb Industries (XCNQ:GTII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Green Thumb Industries Inc (XCNQ:GTII) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

GTBIF:USA R9U2:Germany

Address

325 West Huron Street, Suite 700, Chicago, IL, USA, 60654

Website

https://www.gtigrows.com

Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 15 states and operates roughly 87 cannabis stores under the brand Rise. GTI is focusing its expansion on limited license states with large populations, and it does not currently export into the global medical market due to U.S. federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles and RYTHM.