Lifeist Wellness (Lifeist Wellness) Change In Receivables : $-0.72 Mil (TTM As of Feb. 2024)

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What is Lifeist Wellness Change In Receivables?

Lifeist Wellness's change in receivables for the quarter that ended in Feb. 2024 was $-0.60 Mil. It means Lifeist Wellness's Accounts Receivable increased by $0.60 Mil from Nov. 2023 to Feb. 2024 .

Lifeist Wellness's change in receivables for the fiscal year that ended in Nov. 2023 was $2.07 Mil. It means Lifeist Wellness's Accounts Receivable declined by $2.07 Mil from Nov. 2022 to Nov. 2023 .

Lifeist Wellness's Accounts Receivable for the quarter that ended in Feb. 2024 was $1.71 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. Lifeist Wellness's Days Sales Outstanding for the three months ended in Feb. 2024 was 42.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lifeist Wellness's liquidation value for the three months ended in Feb. 2024 was $-5.26 Mil.

Lifeist Wellness Change In Receivables Historical Data

The historical data trend for Lifeist Wellness'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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Lifeist Wellness Change In Receivables Chart

Lifeist Wellness Annual Data

Trend

Mar14

Mar15

Aug16

Aug17

Aug18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

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-0.52

-3.62

1.55

-0.65

2.07

Lifeist Wellness Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															1.26	0.51	-	-0.13	-0.60

Lifeist Wellness 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 $-0.72 Mil.

Lifeist Wellness (OTCPK:LFSWD) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.707	/	3.646	*	91
=	42.72

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

Lifeist Wellness'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)
=	1.222	-	8.994	+	0.75 * 1.707	+	0.5 * 2.465
=	-5.26

Lifeist Wellness Change In Receivables Related Terms

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Lifeist Wellness (Lifeist Wellness) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lifeist Wellness Inc (OTCPK:LFSWD) » Definitions » Change In Receivables

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M5B:Germany LFST:Canada

Address

18 Canso Road, Etobicoke, Toronto, ON, CAN, M9W 4L8

Website

https://www.lifeist.com

Lifeist Wellness Inc is a portfolio wellness company leveraging advancements in science and technology. Its portfolio of brands includes: CannMart Inc, a distributor of licensed and in-house branded adult-use cannabis and cannabis derived products in Canada; CannMart Marketplace Inc operates CannMart.com, an online marketplace for hemp-derived CBD and accessories in the U.S.; CannMart Labs Inc, licensed facility for BHO (butane hash oil) extraction within Canada; Findify, an artificial intelligence-powered technology platform, delivering solutions such as personalized search, recommendations, and advanced data analytics; Australian Vapes online supplier of hardware, including vaporizers, and related accessories and Mikra, a biosciences and consumer wellness company.