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Grown Rogue International (XCNQ:GRIN) Accounts Receivable : C$2.69 Mil (As of Dec. 2024)


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What is Grown Rogue International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Grown Rogue International's accounts receivables for the quarter that ended in Dec. 2024 was C$2.69 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Grown Rogue International's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 30.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Grown Rogue International's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.12.


Grown Rogue International Accounts Receivable Historical Data

The historical data trend for Grown Rogue International'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.

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Grown Rogue International Accounts Receivable Chart

Grown Rogue International Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Oct19 Oct20 Oct21 Oct22 Oct23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.92 2.13 2.98 2.69

Grown Rogue International Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.98 3.17 3.45 3.97 2.69

Grown Rogue International Accounts Receivable Calculation

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


Grown Rogue International 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.

Grown Rogue International's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.694/8.052*91
=30.53

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

Grown Rogue International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(6.67+0.75 * 2.694+0.5 * 9.01-39.045
-0-1.935)/222.446
=-0.12

* 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.


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.


Grown Rogue International Accounts Receivable Related Terms

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Grown Rogue International Business Description

Traded in Other Exchanges
Address
550 Airport Road, Medford, OR, USA, 97504
Grown Rogue International Inc is engaged in the business of growing and selling cannabis products. Its primary cannabis product produced and sold is cannabis flower. Geographically, the company generates a majority of its revenue from the United States.
Executives
Stephen Mark Gledhill Director
Abhilash Patel Director
Lp Bengal Catalyst Fund 10% Security Holder
Jakob Iotte Senior Officer
Adam Michael Barnard August Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
J. Obie Strickler 10% Security Holder, Director, Senior Officer
Sean Kenneth Conacher Director
Tom L. Fortner Senior Officer
Robert John Rigg Senior Officer
Jacques Habra Senior Officer