GRWG (GrowGeneration) Change In Receivables : $-2.8 Mil (TTM As of Sep. 2024)

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What is GrowGeneration Change In Receivables?

GrowGeneration's change in receivables for the quarter that ended in Sep. 2024 was $-1.1 Mil. It means GrowGeneration's Accounts Receivable increased by $1.1 Mil from Jun. 2024 to Sep. 2024 .

GrowGeneration's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.3 Mil. It means GrowGeneration's Accounts Receivable increased by $0.3 Mil from Dec. 2022 to Dec. 2023 .

GrowGeneration's Accounts Receivable for the quarter that ended in Sep. 2024 was $10.3 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. GrowGeneration's Days Sales Outstanding for the three months ended in Sep. 2024 was 18.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GrowGeneration's liquidation value for the three months ended in Sep. 2024 was $30.5 Mil.

GrowGeneration Change In Receivables Historical Data

The historical data trend for GrowGeneration'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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GrowGeneration Change In Receivables Chart

GrowGeneration Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.77

-3.84

-1.90

-3.11

-0.30

GrowGeneration 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															-1.29	-0.82	1.55	-2.45	-1.12

GrowGeneration 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 $-2.8 Mil.

GrowGeneration (NAS:GRWG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.324	/	50.006	*	91
=	18.84

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

GrowGeneration'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)
=	55.223	-	56.474	+	0.75 * 10.324	+	0.5 * 48.025
=	30.5

GrowGeneration Change In Receivables Related Terms

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GrowGeneration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » GrowGeneration Corp (NAS:GRWG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

GRWG:Mexico

Address

5619 DTC Parkway, Suite 900, Greenwood Village, CO, USA, 80111

Website

https://www.growgeneration.com

GrowGeneration Corp owns and operates specialty retail hydroponic and organic gardening stores. The firm is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening. The Company has two reportable segments, including Cultivation and Gardening segment, composed of the Company's hydroponic and organic gardening business; and the Storage Solutions segment, composed of the Company's benching, racking, and storage solutions business.

Executives

Michael Salaman	director, officer: President	C/O GROWGENERATION CORP., 1000 WEST MISSISSIPPI AVENUE, DENVER CO 80223
Darren Lampert	director, officer: CEO	C/O GROWGENERATION CORP., 1000 WEST MISSISSIPPI AVENUE, DENVER CO 80233
Eula L Adams	director	9194 E. VASSAR AVE., DENVER CO 80231
Stephen Aiello	director	112 OAK AVE, KENTFIELD CA 94904-1561
Gregory Kevin Sanders	officer: Chief Financial Officer	8770 ZIRCON WAY, ARVANDA CO 80007
Dennis Sheldon	officer: See Remarks	C/O GROWGENERATION CORP., 5619 DTC PARKWAY, SUITE 900, GREENWOOD VILLAGE CO 80111
Stephen Kozey	officer: Secretary and VP of Legal	C/O GROWGENERATION CORP., 5619 DTC PARKWAY, SUITE 900, GREENWOOD VILLAGE CO 80111
Paul Rutenis	officer: Chief Merchandise Officer	500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Sean Stiefel	director	28 REICHERT CIRCLE, WESTPORT CT 06880
Tony Sullivan	officer: COO	8353 ARAPAHOE PEAK STREET, LITTLETON CO 80125
Jeff Lasher	officer: CFO	500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Monty R Lamirato	officer: CFO
Merida Capital Partners, Lp	10 percent owner	641 LEXINGTON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Gotham Green Partners Llc	10 percent owner	1437 4TH STREET, SANTA MONICA CA 90401
Mitchell Baruchowitz	10 percent owner	C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022