GNLN (Greenlane Holdings) Change In Receivables : $-0.77 Mil (TTM As of Sep. 2024)

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What is Greenlane Holdings Change In Receivables?

Greenlane Holdings's change in receivables for the quarter that ended in Sep. 2024 was $-0.39 Mil. It means Greenlane Holdings's Accounts Receivable increased by $0.39 Mil from Jun. 2024 to Sep. 2024 .

Greenlane Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $4.59 Mil. It means Greenlane Holdings's Accounts Receivable declined by $4.59 Mil from Dec. 2022 to Dec. 2023 .

Greenlane Holdings's Accounts Receivable for the quarter that ended in Sep. 2024 was $2.31 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. Greenlane Holdings's Days Sales Outstanding for the three months ended in Sep. 2024 was 52.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Greenlane Holdings's liquidation value for the three months ended in Sep. 2024 was $-12.45 Mil.

Greenlane Holdings Change In Receivables Historical Data

The historical data trend for Greenlane Holdings'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.

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Greenlane Holdings Change In Receivables Chart

Greenlane Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.64

1.19

-1.39

4.91

4.59

Greenlane Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															1.31	-0.11	-0.06	-0.22	-0.39

Greenlane 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.77 Mil.

Greenlane Holdings (NAS:GNLN) 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.

Greenlane Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.313	/	4.038	*	91
=	52.27

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

Greenlane Holdings's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.309	-	24.499	+	0.75 * 2.313	+	0.5 * 16.013
=	-12.45

Greenlane Holdings Change In Receivables Related Terms

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Greenlane Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Greenlane Holdings Inc (NAS:GNLN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1095 Broken Sound Parkway, Suite 100, Boca Raton, FL, USA, 33487

Website

https://www.gnln.com

Greenlane Holdings Inc is a distributor of vaporization products and consumption accessories in the United States. It offers a selection of stock-keeping units including vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers and customized lines of premium specialty packaging. The company markets and sells its products in both the business to business and business to consumer sectors of the marketplace. Its geographical segment includes the United States; Canada and Europe. It derives a majority of revenue from the United States.

Executives

Gina Collins	director	C/O GREENLANE HOLDINGS, INC., 1401 WARNER AVE., SUITE A, TUSTIN CA 92780
Craig A. Snyder	officer: Chief Commercial Officer	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Jeffrey J Uttz	director	C/O SHAKE SHACK INC., 24 UNION SQUARE EAST, 5TH FLOOR, NEW YORK NY 10003
Lana Reeve	officer: See remarks.	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 100, BOCA RATON FL 33487
Adam Schoenfeld	director, 10 percent owner, officer: Chief Strategy Officer	1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Darsh Dahya	officer: Chief Accounting Officer	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Renah Persofsky	director	55 PRINCE ARTHUR AVENUE, #604, TORONTO A6 M5R 1B3
Mote William E. Jr	officer: Chief Financal Officer	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Aaron Locascio	director, 10 percent owner, officer: Chief Executive Officer	1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Nicholas Kovacevich	director, officer: Chief Executive Officer	2618 SAN MIGUEL DRIVE, #480, NEWPORT BEACH CA 92660
Oliveira Rodrigo De	officer: Chief Operating Officer	C/O KUSHCO HOLDINGS, INC., 11958 MONARCH STREET, GARDEN GROVE CA 92841
Dallas Imbimbo	director	1800 NEWPORT CIRCLE, SANTA ANA CA 92705
Donald H Hunter	director	C/O HARBOR GLOBAL CO LTD, ONE FANEUIL HALL MARKET PLACE, BOSTON MA 02109
Michael Cellucci	officer: See remarks.	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
William J. Bine	officer: Chief Operating Officer	C/O GREENLANE HOLDINGS, INC., 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487