Cannabix Technologies (Cannabix Technologies) Change In Receivables : $-0.02 Mil (TTM As of Jan. 2024)

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What is Cannabix Technologies Change In Receivables?

Cannabix Technologies's change in receivables for the quarter that ended in Jan. 2024 was $-0.02 Mil. It means Cannabix Technologies's Accounts Receivable increased by $0.02 Mil from Oct. 2023 to Jan. 2024 .

Cannabix Technologies's change in receivables for the fiscal year that ended in Apr. 2023 was $-0.00 Mil. It means Cannabix Technologies's Accounts Receivable increased by $0.00 Mil from Apr. 2022 to Apr. 2023 .

Cannabix Technologies's Accounts Receivable for the quarter that ended in Jan. 2024 was $0.03 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. Cannabix Technologies's liquidation value for the three months ended in Jan. 2024 was $3.68 Mil.

Cannabix Technologies Change In Receivables Historical Data

The historical data trend for Cannabix Technologies'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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Cannabix Technologies Change In Receivables Chart

Cannabix Technologies Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Receivables

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-0.11

0.07

-0.03

Cannabix Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															0.05	-0.02	0.02	-	-0.02

Cannabix Technologies 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Cannabix Technologies (OTCPK:BLOZF) 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.

Cannabix Technologies's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.03	/	0	*	91
=

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

Cannabix Technologies's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.741	-	0.08	+	0.75 * 0.03	+	0.5 * 0
=	3.68

Cannabix Technologies Change In Receivables Related Terms

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Cannabix Technologies (Cannabix Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cannabix Technologies Inc (OTCPK:BLOZF) » Definitions » Change In Receivables

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8CT:Germany BLO:Canada

Address

501-3292 Production Way, Burnaby, BC, CAN, V5A 4R4

Website

https://www.cannabixtechnologies.com

Cannabix Technologies Inc is in the development of marijuana breathalyzer. It is developing breath testing technologies that can be used at the point of care to detect recent use of marijuana. It is also developing its technology to help employers, law enforcement, government and the public, when marijuana is becoming legal for recreational and medicinal use in many jurisdictions globally. The FAIMS device is designed to operate both independently or coupled in tandem directly to a mass spectrometer, used in forensic labs. The THC Breath Analyzer is a point of care breath testing tool for the rapid detection of recent cannabis use.

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