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Bang Holdings (Bang Holdings) Change In Receivables : $-0.03 Mil (TTM As of Jun. 2018)


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What is Bang Holdings Change In Receivables?

Bang Holdings's change in receivables for the quarter that ended in Jun. 2018 was $-0.00 Mil. It means Bang Holdings's Accounts Receivable increased by $0.00 Mil from Mar. 2018 to Jun. 2018 .

Bang Holdings's change in receivables for the fiscal year that ended in Dec. 2017 was $-0.10 Mil. It means Bang Holdings's Accounts Receivable increased by $0.10 Mil from Dec. 2016 to Dec. 2017 .

Bang Holdings's Accounts Receivable for the quarter that ended in Jun. 2018 was $0.05 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. Bang Holdings's Days Sales Outstanding for the three months ended in Jun. 2018 was 67.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bang Holdings's liquidation value for the three months ended in Jun. 2018 was $-1.41 Mil.


Bang Holdings Change In Receivables Historical Data

The historical data trend for Bang 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.

* Premium members only.

Bang Holdings Change In Receivables Chart

Bang Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Change In Receivables
- - - -0.10

Bang Holdings Quarterly Data
Sep14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Change In Receivables 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 -0.02 -0.01 -0.06 0.05 -

Bang 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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.


Bang Holdings  (OTCPK:BXNG) 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.

Bang Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.049/0.066*91
=67.75

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

Bang Holdings's liquidation value for the quarter that ended in Jun. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.033-1.476+0.75 * 0.049+0.5 * 0
=-1.41

* 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.


Bang Holdings Change In Receivables Related Terms

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Bang Holdings (Bang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1400 North East Miami Gardens Drive, Suite 208, North Miami Beach, FL, USA, 33179
Bang Holdings Corp is a US-based brand management and digital advertising company that provides content and an influencer-based marketing network to the cannabis industry. The company operates its business through subsidiaries namely Bang Digital Media which is a cannabis-focused digital media company and Bang Vapor which is an e-juice company that can crossover to the cannabis market. Bang Digital Media is the hub for all cannabusiness related advertising, content creation, technology and marketing. It consists of two divisions, the multi-platform 4TTnetwork, and a network of social media influencers. Bang Vapor is a marketer of vaporizer pens and E-liquid for the vaporizer industry. Its products include disposable e-cigs, rechargeable e-cigs and vaporizer pens or e-vaporizers.