ABVEF (Above Food Ingredients) Change In Receivables: $ Mil (TTM As of Mar. 2024)

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.04
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What is Above Food Ingredients Change In Receivables?

Above Food Ingredients ABVEF +23.38% 16 Change In Receivables is $ Mil as of Mar. 2024. GuruFocus rates ABVEF with a GF Score™ of 16/100.

Above Food Ingredients's change in receivables for the quarter that ended in Mar. 2024 was $ Mil. It means Above Food Ingredients's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Above Food Ingredients's change in receivables for the fiscal year that ended in Dec. 2023 was $ Mil. It means Above Food Ingredients's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Above Food Ingredients's Accounts Receivable for the quarter that ended in Mar. 2024 was $ 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Above Food Ingredients's liquidation value for the three months ended in Mar. 2024 was $-4.39 Mil.

Above Food Ingredients  (OTCPK:ABVEF) 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.

Above Food Ingredients's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=/0*91
=

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

Above Food Ingredients's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.004281-4.39411+0.75 * +0.5 * 0
=-4.39

* 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.

Above Food Ingredients Change In Receivables Related Terms

Above Food Ingredients Change In Receivables Historical Data

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The historical data trend for Above Food Ingredients'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.

Above Food Ingredients Change In Receivables Chart

Above Food Ingredients Annual Data
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Change In Receivables
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Above Food Ingredients Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $ Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $ Mil mean?
Above Food Ingredients (ABVEF) has a Change In Receivables of $ Mil as of Mar. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Above Food Ingredients and its competitors.
Is Above Food Ingredients' Change In Receivables too high?
Above Food Ingredients' current Change In Receivables is $ Mil. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' Change In Receivables compare to CTGL and NATR?
Above Food Ingredients' Change In Receivables of $ Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Above Food Ingredients and its competitors. Above Food Ingredients's current Change In Receivables is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current Change In Receivables of $ Mil. The current Change In Receivables is $ Mil. Above Food Ingredients' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Above Food Ingredients (ABVEF), the current Change In Receivables is $ Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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