CBGI (Cannabusiness Group) Change In Receivables: $-0.06 Mil (TTM As of Dec. 2007)

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What is Cannabusiness Group Change In Receivables?

Cannabusiness Group CBGI -90.00% Change In Receivables is $-0.06 Mil as of Dec. 2007.

Cannabusiness Group's change in receivables for the quarter that ended in Dec. 2007 was $-0.06 Mil. It means Cannabusiness Group's Accounts Receivable increased by $0.06 Mil from Dec. 2006 to Dec. 2007 .

Cannabusiness Group's change in receivables for the fiscal year that ended in Dec. 2007 was $-0.06 Mil. It means Cannabusiness Group's Accounts Receivable increased by $0.06 Mil from Dec. 2006 to Dec. 2007 .

Cannabusiness Group's Accounts Receivable for the quarter that ended in Dec. 2007 was $0.17 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. Cannabusiness Group's Days Sales Outstanding for the six months ended in Dec. 2007 was 2.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cannabusiness Group's liquidation value for the six months ended in Dec. 2007 was $-4.05 Mil.

Cannabusiness Group  (OTCPK:CBGI) 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.

Cannabusiness Group's Days Sales Outstanding for the quarter that ended in Dec. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.168/13.603*91
=2.25

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

Cannabusiness Group's liquidation value for the quarter that ended in Dec. 2007 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.511-5.999+0.75 * 0.168+0.5 * 0.624
=-4.05

* 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.

Cannabusiness Group Change In Receivables Related Terms

Cannabusiness Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Cannabusiness Group'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.

Cannabusiness Group Change In Receivables Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.00 0.03 0.17 -0.06

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.00 0.03 0.17 -0.06

Cannabusiness Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2007 was $-0.06 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 $-0.06 Mil mean?
Cannabusiness Group (CBGI) has a Change In Receivables of $-0.06 Mil as of Dec. 2007. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Cannabusiness Group and its competitors.
Is Cannabusiness Group's Change In Receivables too high?
Cannabusiness Group's current Change In Receivables is $-0.06 Mil.
How does Cannabusiness Group's Change In Receivables compare to BIEI and BKIT?
Cannabusiness Group's Change In Receivables of $-0.06 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Change In Receivables depends on the Real Estate 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 Cannabusiness Group and its competitors. Cannabusiness Group's current Change In Receivables is $-0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabusiness Group stock overvalued right now?
Cannabusiness Group (CBGI) has a current Change In Receivables of $-0.06 Mil. The current Change In Receivables is $-0.06 Mil. 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 Cannabusiness Group (CBGI), the current Change In Receivables is $-0.06 Mil as of Dec. 2007. 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.

Cannabusiness Group Business Description

Address 905 Cotting Lane, Suite 160, Vacaville, CA, USA, 95688
Cannabusiness Group Inc is engaged in real estate acquisition, leasing, and management firms whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial, and Retail.