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Maverick Lifestyle (Maverick Lifestyle) Change In Receivables : $-0.04 Mil (TTM As of Jun. 2023)


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What is Maverick Lifestyle Change In Receivables?

Maverick Lifestyle's change in receivables for the quarter that ended in Jun. 2023 was $-0.05 Mil. It means Maverick Lifestyle's Accounts Receivable increased by $0.05 Mil from Mar. 2023 to Jun. 2023 .

Maverick Lifestyle's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.10 Mil. It means Maverick Lifestyle's Accounts Receivable increased by $0.10 Mil from Dec. 2021 to Dec. 2022 .

Maverick Lifestyle's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.15 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. Maverick Lifestyle's Days Sales Outstanding for the three months ended in Jun. 2023 was 31.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Maverick Lifestyle's liquidation value for the three months ended in Jun. 2023 was $-11.57 Mil.

Maverick Lifestyle Change In Receivables Historical Data

The historical data trend for Maverick Lifestyle'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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Maverick Lifestyle Change In Receivables Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22
Change In Receivables
- 0.11 -0.10

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Change In Receivables Get a 7-Day Free Trial -0.15 -0.11 - 0.01 -0.05

Maverick Lifestyle 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 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.

Maverick Lifestyle  (NAS:MVRK) 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.

Maverick Lifestyle's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.154/0.453*91
=31.02

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

Maverick Lifestyle's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.204-12.217+0.75 * 0.154+0.5 * 0.651
=-11.57

* 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.

Maverick Lifestyle Change In Receivables Related Terms

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Maverick Lifestyle (Maverick Lifestyle) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Maverick Lifestyle Inc (NAS:MVRK) » Definitions » Change In Receivables
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Address
7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Website
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.

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