CANOF (California Nanotechnologies) Change In Receivables: $-0.15 Mil (TTM As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CANOF California Nanotechnologies Corp CANOF
39 GF Score
Price $0.22
GF Value $0.22
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is California Nanotechnologies Change In Receivables?

California Nanotechnologies CANOF 39 Change In Receivables is $-0.15 Mil as of May. 2026. GuruFocus rates CANOF with a GF Score™ of 39/100 and a GF Value™ of $0.22 (Fairly Valued). The stock has 5 warning signs investors should review.

California Nanotechnologies's change in receivables for the quarter that ended in May. 2026 was $-0.19 Mil. It means California Nanotechnologies's Accounts Receivable increased by $0.19 Mil from Feb. 2026 to May. 2026 .

California Nanotechnologies's change in receivables for the fiscal year that ended in Feb. 2026 was $0.58 Mil. It means California Nanotechnologies's Accounts Receivable declined by $0.58 Mil from Feb. 2025 to Feb. 2026 .

California Nanotechnologies's Accounts Receivable for the quarter that ended in May. 2026 was $0.76 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. California Nanotechnologies's Days Sales Outstanding for the three months ended in May. 2026 was 75.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. California Nanotechnologies's liquidation value for the three months ended in May. 2026 was $-0.77 Mil.


California Nanotechnologies  (OTCPK:CANOF) 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.

California Nanotechnologies's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.76/0.918*91
=75.54

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

California Nanotechnologies's liquidation value for the quarter that ended in May. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.275-1.612+0.75 * 0.76+0.5 * 0
=-0.77

* 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.


California Nanotechnologies Change In Receivables Related Terms


California Nanotechnologies Change In Receivables Historical Data

* Premium members only.

The historical data trend for California Nanotechnologies'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.

California Nanotechnologies Change In Receivables Chart

California Nanotechnologies Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 0.18 -0.26 -0.80 0.58

California Nanotechnologies Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.00 0.15 -0.11 -0.19
CANOF
39GF Score
California Nanotechnologies Corp CANOF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

California Nanotechnologies 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 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 $-0.15 Mil mean?
California Nanotechnologies (CANOF) has a Change In Receivables of $-0.15 Mil as of May. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for California Nanotechnologies and its competitors.
Is California Nanotechnologies' Change In Receivables too high?
California Nanotechnologies' current Change In Receivables is $-0.15 Mil. Overall, California Nanotechnologies has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Nanotechnologies' Change In Receivables compare to LIN and SHW?
California Nanotechnologies' Change In Receivables of $-0.15 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Change In Receivables depends on the Chemicals 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 California Nanotechnologies and its competitors. California Nanotechnologies's current Change In Receivables is $-0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Nanotechnologies stock overvalued right now?
Based on GuruFocus' analysis, California Nanotechnologies (CANOF) is currently considered Fairly Valued. The stock's GF Value™ is $0.22, compared to a current price of $0.22 — trading right at its estimated fair value. The current Change In Receivables is $-0.15 Mil. California Nanotechnologies' overall GF Score™ is 39/100 with 5 warning signs to review. 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 California Nanotechnologies (CANOF), the current Change In Receivables is $-0.15 Mil as of May. 2026. 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.

Is California Nanotechnologies (CANOF) Overvalued in 2026?

Based on GuruFocus' analysis, California Nanotechnologies stock appears to be undervalued. The current stock price of $0.22 is trading 0% below its estimated GF Value™ of $0.22. GuruFocus considers California Nanotechnologies to be Fairly Valued.

Key valuation signals for CANOF:

  • Change In Receivables: $-0.15 Mil
  • GF Value™: $0.22 vs. price of $0.22 (0% below fair value)
  • GF Score™: 39/100 with 5 warning signs

No single metric tells the full story. See the CANOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


California Nanotechnologies Business Description

Other Exchanges R14:GermanyCNO:Canada
Address 110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include High-Strength Graphite Spark tooling, Plasma Sintering Tooling, Tungsten Carbide Tooling, Carbon Graphite Foil, Carbon Felt and Yarn, and others.
39GF Score

Get the complete analysis for CANOF

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

$0.22
Price
$0.22
GF Value