CLVR (Clever Leaves Holdings) Change In Receivables: $1.40 Mil (TTM As of Dec. 2023)

What is Clever Leaves Holdings Change In Receivables?

Clever Leaves Holdings CLVR 12 Change In Receivables is $1.40 Mil as of Dec. 2023. GuruFocus rates CLVR with a GF Score™ of 12/100.

Clever Leaves Holdings's change in receivables for the quarter that ended in Dec. 2023 was $0.89 Mil. It means Clever Leaves Holdings's Accounts Receivable declined by $0.89 Mil from Sep. 2023 to Dec. 2023 .

Clever Leaves Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $1.40 Mil. It means Clever Leaves Holdings's Accounts Receivable declined by $1.40 Mil from Dec. 2022 to Dec. 2023 .

Clever Leaves Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.91 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. Clever Leaves Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Clever Leaves Holdings's liquidation value for the three months ended in Dec. 2023 was $2.73 Mil.

Clever Leaves Holdings (OTCPK:CLVR) 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.

Clever Leaves Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.907	/	4.638	*	91
=	17.84

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

Clever Leaves Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.831	-	7.026	+	0.75 * 0.907	+	0.5 * 4.483
=	2.73

* 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.

Clever Leaves Holdings Change In Receivables Related Terms

Clever Leaves Holdings Change In Receivables Historical Data

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The historical data trend for Clever Leaves Holdings's Change In Receivables can be seen below:

Clever Leaves Holdings Change In Receivables Chart

Clever Leaves Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.51

-1.38

-1.84

0.26

1.40

Clever Leaves Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial												0.63	-0.40	0.03	0.88	0.89

12GF Score

Clever Leaves Holdings Inc CLVR

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Clever Leaves 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.40 Mil.

Frequently Asked Questions Learn more about Change In Receivables →

What does a Change In Receivables of $1.40 Mil mean?

Clever Leaves Holdings (CLVR) has a Change In Receivables of $1.40 Mil as of Dec. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Clever Leaves Holdings and its competitors.

Is Clever Leaves Holdings' Change In Receivables too high?

Clever Leaves Holdings' current Change In Receivables is $1.40 Mil. Overall, Clever Leaves Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Clever Leaves Holdings' Change In Receivables compare to CNNC and CLSH?

Clever Leaves Holdings' Change In Receivables of $1.40 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?

A good Change In Receivables depends on the Drug Manufacturers 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 Clever Leaves Holdings and its competitors. Clever Leaves Holdings's current Change In Receivables is $1.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Clever Leaves Holdings stock overvalued right now?

Clever Leaves Holdings (CLVR) has a current Change In Receivables of $1.40 Mil. The current Change In Receivables is $1.40 Mil. Clever Leaves Holdings' overall GF Score™ is 12/100. 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 Clever Leaves Holdings (CLVR), the current Change In Receivables is $1.40 Mil as of Dec. 2023. 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.

Clever Leaves Holdings Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies CNNC CLSH PRFX AGRX OWPC KOAN ABTI PLSH STEK INQD ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692

Address Bodega 19-B Parque Industrial Tibitoc P.H, Tocancipa, Cundinamarca, Bogota, COL

Website https://www.cleverleaves.com

Clever Leaves Holdings Inc is a producer of pharmaceutical and consumer cannabis brands. The company operates and has investments in Canada, Colombia, Germany, Portugal, and the United States. The company operates in two reportable segments namely, the Cannabinoid segment which is comprised of the company's cultivation, extraction, and commercialization of cannabinoid products; and the Non-Cannabinoid operating segment which generates maximum revenue and is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing nutraceutical and other natural remedies, wellness products, detoxification products, and nutritional and dietary supplements.

12GF Score

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