LGLOF (Green Block Mining) Change In Receivables: $-1.59 Mil (TTM As of Aug. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Green Block Mining Change In Receivables?

Green Block Mining LGLOF -90.00% Change In Receivables is $-1.59 Mil as of Aug. 2021.

Green Block Mining's change in receivables for the quarter that ended in Aug. 2021 was $-0.53 Mil. It means Green Block Mining's Accounts Receivable increased by $0.53 Mil from May. 2021 to Aug. 2021 .

Green Block Mining's change in receivables for the fiscal year that ended in Nov. 2020 was $-0.23 Mil. It means Green Block Mining's Accounts Receivable increased by $0.23 Mil from Nov. 2019 to Nov. 2020 .

Green Block Mining's Accounts Receivable for the quarter that ended in Aug. 2021 was $0.86 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. Green Block Mining's Days Sales Outstanding for the three months ended in Aug. 2021 was 106.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Green Block Mining's liquidation value for the three months ended in Aug. 2021 was $-9.41 Mil.

Green Block Mining  (OTCPK:LGLOF) 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.

Green Block Mining's Days Sales Outstanding for the quarter that ended in Aug. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.861386/0.73655000000448*91
=106.72

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

Green Block Mining's liquidation value for the quarter that ended in Aug. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.055-10.109917+0.75 * 0.861386+0.5 * 0
=-9.41

* 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.

Green Block Mining Change In Receivables Related Terms

Green Block Mining Change In Receivables Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Change In Receivables Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Change In Receivables
- -0.00 -0.23

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.20 0.00 -0.62 -0.44 -0.53

Green Block Mining 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 Aug. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.59 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-1.59 Mil mean?
Green Block Mining (LGLOF) has a Change In Receivables of $-1.59 Mil as of Aug. 2021. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Green Block Mining and its competitors.
Is Green Block Mining's Change In Receivables too high?
Green Block Mining's current Change In Receivables is $-1.59 Mil.
How does Green Block Mining's Change In Receivables compare to CRM and INTU?
Green Block Mining's Change In Receivables of $-1.59 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Software company?
A good Change In Receivables depends on the Software industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Green Block Mining and its competitors. Green Block Mining's current Change In Receivables is $-1.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Change In Receivables of $-1.59 Mil. The current Change In Receivables is $-1.59 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Green Block Mining (LGLOF), the current Change In Receivables is $-1.59 Mil as of Aug. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.