CANL (CannLabs) Change In Receivables : $-0.10 Mil (TTM As of Mar. 2015)

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What is CannLabs Change In Receivables?

CannLabs's change in receivables for the quarter that ended in Mar. 2015 was $0.04 Mil. It means CannLabs's Accounts Receivable declined by $0.04 Mil from Dec. 2014 to Mar. 2015 .

CannLabs's change in receivables for the fiscal year that ended in Dec. 2014 was $-0.14 Mil. It means CannLabs's Accounts Receivable increased by $0.14 Mil from Dec. 2013 to Dec. 2014 .

CannLabs's Accounts Receivable for the quarter that ended in Mar. 2015 was $0.07 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. CannLabs's Days Sales Outstanding for the three months ended in Mar. 2015 was 13.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CannLabs's liquidation value for the three months ended in Mar. 2015 was $-3.43 Mil.

CannLabs Change In Receivables Historical Data

The historical data trend for CannLabs'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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CannLabs Change In Receivables Chart

CannLabs Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Change In Receivables

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-0.02

0.02

-0.14

CannLabs Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Change In Receivables	Get a 7-Day Free Trial															-0.01	-0.07	-0.03	-0.03	0.04

CannLabs 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 Mil.

CannLabs (OTCPK:CANL) 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.

CannLabs's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.07	/	0.47	*	91
=	13.59

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

CannLabs's liquidation value for the quarter that ended in Mar. 2015 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.018	-	3.502	+	0.75 * 0.07	+	0.5 * 0
=	-3.43

CannLabs Change In Receivables Related Terms

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CannLabs Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CannLabs Inc (OTCPK:CANL) » Definitions » Change In Receivables

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Address

519 N. Sam Houston Parkway E., Suite 500, Houston, TX, USA, 77060

Website

https://www.cannlabs.net

CannLabs Inc is based in Houston Texas and is a diversified inventory blockchain platform company. The company also has an entertainment division which also includes ownership of a Private Label Apparel line (Colorblind). The company is involved in four sectors: Manufacturing, Apparel, Music, and Video Game Design.

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