Greenidge Generation Holdings (Greenidge Generation Holdings) Change In Receivables : $2.34 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Greenidge Generation Holdings Change In Receivables?

Greenidge Generation Holdings's change in receivables for the quarter that ended in Dec. 2023 was $-0.02 Mil. It means Greenidge Generation Holdings's Accounts Receivable increased by $0.02 Mil from Sep. 2023 to Dec. 2023 .

Greenidge Generation Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $2.34 Mil. It means Greenidge Generation Holdings's Accounts Receivable declined by $2.34 Mil from Dec. 2022 to Dec. 2023 .

Greenidge Generation Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.36 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. Greenidge Generation Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 1.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Greenidge Generation Holdings's liquidation value for the three months ended in Dec. 2023 was $-108.62 Mil.

Greenidge Generation Holdings Change In Receivables Historical Data

The historical data trend for Greenidge Generation 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.

* Premium members only.

Greenidge Generation Holdings Change In Receivables Chart

Greenidge Generation Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.38

0.15

-2.46

2.34

Greenidge Generation Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial											-2.42	3.45	-0.99	-0.10	-0.02

Greenidge Generation 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.34 Mil.

Greenidge Generation Holdings (NAS:GREE) 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.

Greenidge Generation Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.358	/	19.642	*	91
=	1.66

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

Greenidge Generation Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13.312	-	122.203	+	0.75 * 0.358	+	0.5 * 0
=	-108.62

Greenidge Generation Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of Greenidge Generation Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Greenidge Generation Holdings (Greenidge Generation Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Greenidge Generation Holdings Inc. (NAS:GREE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 Rennell Drive, 3rd Floor, Fairfield, CT, USA, 06890

Website

https://www.greenidge.com

Greenidge Generation Holdings Inc. owns and operates a vertically integrated cryptocurrency data center and power generation company. The Company owns and operates facilities at two locations: the Town of Torrey, New York and Spartanburg, South Carolina. The Company's cryptocurrency data center operations generate revenue in the form of bitcoin by earning bitcoin as rewards and transaction fees for supporting the global bitcoin network with application-specific integrated circuit computers (ASICs or miners) owned or leased by the Company. The Company also owns and operates a 106MW power facility that is connected to the New York Independent System Operator (NYISO) power grid.

Executives

Jordan Kovler	director	135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 05890
Christian Mulvihill	officer: Chief Financial Officer	135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Michael P Neuscheler	director	C/O I3 MOBILE INC, 181 HARBOR DRIVE, STAMFORD CT 06902
Daniel Rothaupt	director	GREENIDGE GENERATION HOLDINGS INC., 590 PLANT ROAD, DRESDEN NY 14441
Atlas Capital Gp Lp	director, 10 percent owner	100 NORTHFIELD STREET, GREENWICH CT 06830
Atlas Capital Resources Gp Llc	director, 10 percent owner	100 NORTHFIELD STREET, GREENWICH CT 06830
Andrew M Bursky	director, 10 percent owner
Timothy J Fazio	director, 10 percent owner	ATLAS HOLDINGS LLC, 100 NORTHFIELD STREET, GREENWICH CT 06830
Robert Loughran	officer: Accounting Officer	C/O AVON PRODUCTS, INC., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Scott J. Mackenzie	officer: Chief Strategy Officer	135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
David Carl Anderson	director, officer: Chief Executive Officer (CEO)	135 RENNELL DRIVE, 3RD FLOOR, FAIRFIELD CT 06890
Terence A. Burke	officer: General Counsel	590 PLANT ROAD, DRESDEN NY 14441
C Clark Webb	10 percent owner	8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Rha Investments, Inc.	10 percent owner	8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc	10 percent owner	8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225