Acreage Holdings (Acreage Holdings) Change In Receivables : $-5.0 Mil (TTM As of Dec. 2023)

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What is Acreage Holdings Change In Receivables?

Acreage Holdings's change in receivables for the quarter that ended in Dec. 2023 was $-0.9 Mil. It means Acreage Holdings's Accounts Receivable increased by $0.9 Mil from Sep. 2023 to Dec. 2023 .

Acreage Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-5.0 Mil. It means Acreage Holdings's Accounts Receivable increased by $5.0 Mil from Dec. 2022 to Dec. 2023 .

Acreage Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $8.5 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. Acreage Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Acreage Holdings's liquidation value for the three months ended in Dec. 2023 was $-315.5 Mil.

Acreage Holdings Change In Receivables Historical Data

The historical data trend for Acreage Holdings'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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Acreage Holdings Change In Receivables Chart

Acreage Holdings Annual Data

Trend

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-4.00

-3.22

-8.27

-6.15

-5.04

Acreage Holdings 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															-2.23	7.74	-2.03	-9.89	-0.86

Acreage Holdings 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 $-5.0 Mil.

Acreage Holdings (OTCPK:ACRDF) 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.

Acreage Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.459	/	52.798	*	91
=	14.62

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

Acreage Holdings'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)
=	13.631	-	359.323	+	0.75 * 8.459	+	0.5 * 47.675
=	-315.5

Acreage Holdings Change In Receivables Related Terms

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Acreage Holdings (Acreage Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Acreage Holdings Inc (OTCPK:ACRDF) » Definitions » Change In Receivables

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Traded in Other Exchanges

ACRHF:USA 0VZ1:Germany ACRG.A.U:Canada ACRG.B.U:Canada

Address

450 Lexington Avenue, Suite 3308, New York, NY, USA, 10163

Website

https://www.acreageholdings.com

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing, and retailing cannabis. The Company derives its revenues from its retail dispensary business, where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West, and South. The Company operates under one operating segment, which is: the production and sale of cannabis products.