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Goodfood Market (Goodfood Market) Change In Receivables : $0.0 Mil (TTM As of Feb. 2024)


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What is Goodfood Market Change In Receivables?

Goodfood Market's change in receivables for the quarter that ended in Feb. 2024 was $0.5 Mil. It means Goodfood Market's Accounts Receivable declined by $0.5 Mil from Nov. 2023 to Feb. 2024 .

Goodfood Market's change in receivables for the fiscal year that ended in Aug. 2023 was $-0.4 Mil. It means Goodfood Market's Accounts Receivable increased by $0.4 Mil from Aug. 2022 to Aug. 2023 .

Goodfood Market's Accounts Receivable for the quarter that ended in Feb. 2024 was $2.7 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. Goodfood Market's Days Sales Outstanding for the three months ended in Feb. 2024 was 8.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Goodfood Market's liquidation value for the three months ended in Feb. 2024 was $-37.2 Mil.

Goodfood Market Change In Receivables Historical Data

The historical data trend for Goodfood Market'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.

Goodfood Market Change In Receivables Chart

Goodfood Market Annual Data
Trend Dec15 Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -0.61 -1.41 -1.09 2.14 -0.40

Goodfood Market Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.19 -0.52 -0.03 0.12 0.45

Goodfood Market 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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.

Goodfood Market  (OTCPK:GDDFF) 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.

Goodfood Market's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.662/29.448*91
=8.25

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

Goodfood Market's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=17.564-58.019+0.75 * 2.662+0.5 * 2.581
=-37.2

* 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.

Goodfood Market Change In Receivables Related Terms

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Goodfood Market (Goodfood Market) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Goodfood Market Corp (OTCPK:GDDFF) » Definitions » Change In Receivables
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Traded in Other Exchanges
76O:Germany FOOD:Canada
Address
4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Website
https://www.makegoodfood.ca
Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.