TPCO Holding (TPCO Holding) Accounts Receivable : $0.93 Mil (As of Mar. 2023)

View and export this data going back to 2020. Start your Free Trial

What is TPCO Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TPCO Holding's accounts receivables for the quarter that ended in Mar. 2023 was $0.93 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TPCO Holding's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 4.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TPCO Holding's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $N/A.

TPCO Holding Accounts Receivable Historical Data

The historical data trend for TPCO Holding's Accounts Receivable 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.

TPCO Holding Accounts Receivable Chart

TPCO Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

4.71

1.21

TPCO Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Accounts Receivable	Get a 7-Day Free Trial									4.13	2.83	2.16	1.21	0.93

TPCO Holding Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

TPCO Holding Accounts Receivable 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 receivables are being managed.

TPCO Holding's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.929	/	18.054	*	91
=	4.70

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), TPCO Holding's accounts receivable are only considered to be worth 75% of book value:

TPCO Holding's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(76.111	+	0.75 * 0.929	+	0.5 * 6.986	-	112.628
-	0	-	0)	/	0
=	N/A

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

TPCO Holding Accounts Receivable Related Terms

Thank you for viewing the detailed overview of TPCO Holding's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

TPCO Holding (TPCO Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TPCO Holding Corp (OTCPK:GRMWF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1550 Leigh Avenue, San Jose, CA, USA, 95125

Website

https://www.theparent.co

TPCO Holding Corp is a consumer-focused cannabis company based in the United States focused on the recreational and wellness markets. Its operational footprint spans cultivation, extraction, manufacturing, distribution, brands, retail and delivery. The company's sales channels include Direct Consumer and Wholesale, of which key revenue is derived from the Wholesale channel which includes the company selling first-party and selected third-party products into 450 dispensaries across California. Additional wholesale revenue comes from sales of sourced bulk flowers and oil produced in-house. It has one segment engaged in the cultivation, manufacturing, distribution and sale of cannabis within the State of California.