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NoHo (DRNK) Change In Receivables : $-0.04 Mil (TTM As of Jun. 2017)


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What is NoHo Change In Receivables?

NoHo's change in receivables for the quarter that ended in Jun. 2017 was $-0.04 Mil. It means NoHo's Accounts Receivable increased by $0.04 Mil from Mar. 2017 to Jun. 2017 .

NoHo's change in receivables for the fiscal year that ended in Dec. 2016 was $-0.00 Mil. It means NoHo's Accounts Receivable increased by $0.00 Mil from Dec. 2015 to Dec. 2016 .

NoHo's Accounts Receivable for the quarter that ended in Jun. 2017 was $0.24 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. NoHo's Days Sales Outstanding for the three months ended in Jun. 2017 was 1,108.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NoHo's liquidation value for the three months ended in Jun. 2017 was $-2.74 Mil.


NoHo Change In Receivables Historical Data

The historical data trend for NoHo'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.

NoHo Change In Receivables Chart

NoHo Annual Data
Trend Oct11 Oct12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial - - 0.01 -0.11 -

NoHo Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Dec16 Mar17 Jun17
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 - - - - -0.04

NoHo 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 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.


NoHo  (OTCPK:DRNK) 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.

NoHo's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.243/0.02*91
=1,108.69

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

NoHo's liquidation value for the quarter that ended in Jun. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.002-2.997+0.75 * 0.243+0.5 * 0.152
=-2.74

* 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.


NoHo Change In Receivables Related Terms

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NoHo Business Description

Traded in Other Exchanges
N/A
Address
4701 Orange Dr, Building 19 Unit 28, Davie, Miami, FL, USA, 85258
NoHo Inc develops, markets, sells and distributes a lifestyle beverage category product NOHO, a beverage for hangover defense. The company purchases raw materials and outsources manufacturing to a third party.