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

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What is NoHo Change In Receivables?

NoHo DRNK Change In Receivables is $-0.04 Mil as of Jun. 2017.

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  (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

NoHo Change In Receivables Historical Data

* Premium members only.

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.

NoHo Change In Receivables Chart

NoHo Annual Data
Trend Oct11 Oct12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial 0.00 0.00 0.01 -0.11 -0.00

NoHo Quarterly Data
Oct11 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 Premium Member Only 0.00 0.00 0.00 0.00 -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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.04 Mil mean?
NoHo (DRNK) has a Change In Receivables of $-0.04 Mil as of Jun. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for NoHo and its competitors.
Is NoHo's Change In Receivables too high?
NoHo's current Change In Receivables is $-0.04 Mil.
How does NoHo's Change In Receivables compare to BEVS and MOJO?
NoHo's Change In Receivables of $-0.04 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 NoHo and its competitors. NoHo's current Change In Receivables is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NoHo stock overvalued right now?
NoHo (DRNK) has a current Change In Receivables of $-0.04 Mil. The current Change In Receivables is $-0.04 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 NoHo (DRNK), the current Change In Receivables is $-0.04 Mil as of Jun. 2017. 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.

NoHo Business Description

Address 2300 West Sahara Avenue, Suite 800, Las Vegas, NV, USA, 89102-4397
NoHo Inc along with its subsidiaries provides sustainable solutions including carbon capture projects and products that empower individuals, communities, and businesses to act against climate change and embrace eco-friendly lifestyles. Its products include Air Primer which is an Interior and Exterior eco-friendly, low-odor, Zero-VOC, high-quality primer, formulated with natural minerals that attract and neutralize air pollutants and odors, and Breathe is a non-toxic, Zero-VOC, water-based paint, infused with mineral, which attracts and neutralizes harmful air pollutants, and VOCs/Airborne chemicals, including carbon dioxide.