TPCO Holding (TPCO Holding) Change In Receivables : $2.31 Mil (TTM As of Mar. 2023)

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What is TPCO Holding Change In Receivables?

TPCO Holding's change in receivables for the quarter that ended in Mar. 2023 was $0.28 Mil. It means TPCO Holding's Accounts Receivable declined by $0.28 Mil from Dec. 2022 to Mar. 2023 .

TPCO Holding's change in receivables for the fiscal year that ended in Dec. 2022 was $3.88 Mil. It means TPCO Holding's Accounts Receivable declined by $3.88 Mil from Dec. 2021 to Dec. 2022 .

TPCO Holding's Accounts Receivable for the quarter that ended in Mar. 2023 was $0.93 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. TPCO Holding's Days Sales Outstanding for the three months ended in Mar. 2023 was 4.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TPCO Holding's liquidation value for the three months ended in Mar. 2023 was $-32.33 Mil.

TPCO Holding Change In Receivables Historical Data

The historical data trend for TPCO Holding'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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TPCO Holding Change In Receivables Chart

TPCO Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Change In Receivables

0.58

-4.34

3.88

TPCO Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Receivables	Get a 7-Day Free Trial									1.85	1.22	-1.18	1.99	0.28

TPCO Holding 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.31 Mil.

TPCO Holding (OTCPK:GRMWF) 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.

TPCO Holding's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.929	/	18.054	*	91
=	4.70

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

TPCO Holding's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	76.111	-	112.628	+	0.75 * 0.929	+	0.5 * 6.986
=	-32.33

TPCO Holding Change In Receivables Related Terms

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TPCO Holding (TPCO Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TPCO Holding Corp (OTCPK:GRMWF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1550 Leigh Avenue, San Jose, CA, USA, 95125

Website

https://www.theparent.co

TPCO Holding Corp is a consumer-focused cannabis company based in the United States focused on the recreational and wellness markets. Its operational footprint spans cultivation, extraction, manufacturing, distribution, brands, retail and delivery. The company's sales channels include Direct Consumer and Wholesale, of which key revenue is derived from the Wholesale channel which includes the company selling first-party and selected third-party products into 450 dispensaries across California. Additional wholesale revenue comes from sales of sourced bulk flowers and oil produced in-house. It has one segment engaged in the cultivation, manufacturing, distribution and sale of cannabis within the State of California.