EVIO (EVIO) Change In Receivables: $-1.19 Mil (TTM As of Jun. 2020)

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What is EVIO Change In Receivables?

EVIO EVIO -98.00% Change In Receivables is $-1.19 Mil as of Jun. 2020.

EVIO's change in receivables for the quarter that ended in Jun. 2020 was $0.06 Mil. It means EVIO's Accounts Receivable declined by $0.06 Mil from Mar. 2020 to Jun. 2020 .

EVIO's change in receivables for the fiscal year that ended in Sep. 2019 was $-1.32 Mil. It means EVIO's Accounts Receivable increased by $1.32 Mil from Sep. 2018 to Sep. 2019 .

EVIO's Accounts Receivable for the quarter that ended in Jun. 2020 was $0.11 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. EVIO's Days Sales Outstanding for the three months ended in Jun. 2020 was 16.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. EVIO's liquidation value for the three months ended in Jun. 2020 was $-21.39 Mil.

EVIO  (OTCPK:EVIO) 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.

EVIO's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.111/0.603*91
=16.80

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

EVIO's liquidation value for the quarter that ended in Jun. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.071-21.548+0.75 * 0.111+0.5 * 0
=-21.39

* 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.

EVIO Change In Receivables Related Terms

EVIO Change In Receivables Historical Data

* Premium members only.

The historical data trend for EVIO'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.

EVIO Change In Receivables Chart

EVIO Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19
Change In Receivables
-0.02 0.04 -0.21 -0.25 -1.32

EVIO Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 -0.22 -1.18 -0.06 -0.01 0.06

EVIO 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.19 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 $-1.19 Mil mean?
EVIO (EVIO) has a Change In Receivables of $-1.19 Mil as of Jun. 2020. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for EVIO and its competitors.
Is EVIO's Change In Receivables too high?
EVIO's current Change In Receivables is $-1.19 Mil.
How does EVIO's Change In Receivables compare to VCBD and ACCA?
EVIO's Change In Receivables of $-1.19 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 EVIO and its competitors. EVIO's current Change In Receivables is $-1.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVIO stock overvalued right now?
EVIO (EVIO) has a current Change In Receivables of $-1.19 Mil. The current Change In Receivables is $-1.19 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 EVIO (EVIO), the current Change In Receivables is $-1.19 Mil as of Jun. 2020. 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.

EVIO Business Description

Address 2654 W. Horizon Ridge Drive Parkway, Suite B5-208, Henderson, NV, USA, 89052
EVIO Inc is a Colorado corporation and a diversified holding company. Its subsidiaries provide analytical testing and advisory services to the emerging legalized cannabis industry. The Company performs analytical testing for cannabis and cannabis-derived products, including hemp and CBD products. Its current operations also include pharmaceutical, environmental, stability, and analytical testing, as well as residential and commercial construction and investments, with operations in the United States and Canada.