NextGen Food Robotics (NEOE:NGRB) Change In Receivables : C$-0.07 Mil (TTM As of Jan. 2024)

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What is NextGen Food Robotics Change In Receivables?

NextGen Food Robotics's change in receivables for the quarter that ended in Jan. 2024 was C$-0.08 Mil. It means NextGen Food Robotics's Accounts Receivable increased by C$0.08 Mil from Oct. 2023 to Jan. 2024 .

NextGen Food Robotics's change in receivables for the fiscal year that ended in Apr. 2023 was C$0.01 Mil. It means NextGen Food Robotics's Accounts Receivable declined by C$0.01 Mil from Apr. 2022 to Apr. 2023 .

NextGen Food Robotics's Accounts Receivable for the quarter that ended in Jan. 2024 was C$0.00 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. NextGen Food Robotics's Days Sales Outstanding for the three months ended in Jan. 2024 was 2.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NextGen Food Robotics's liquidation value for the three months ended in Jan. 2024 was C$-0.09 Mil.

NextGen Food Robotics Change In Receivables Historical Data

The historical data trend for NextGen Food Robotics'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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NextGen Food Robotics Change In Receivables Chart

NextGen Food Robotics Annual Data

Trend

Apr22

Apr23

Change In Receivables

-0.02

0.01

NextGen Food Robotics Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial						0.08	-	-0.02	0.03	-0.08

NextGen Food Robotics 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.07 Mil.

NextGen Food Robotics (NEOE:NGRB) 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.

NextGen Food Robotics's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.002	/	0.064	*	91
=	2.85

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

NextGen Food Robotics's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.178	-	1.27	+	0.75 * 0.002	+	0.5 * 0
=	-0.09

NextGen Food Robotics Change In Receivables Related Terms

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NextGen Food Robotics (NEOE:NGRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NextGen Food Robotics Corp (NEOE:NGRB) » Definitions » Change In Receivables

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Traded in Other Exchanges

NGRBF:USA O83:Germany

Address

855 Terminal Avenue, Vancouver, BC, CAN, V6A 2M9

Website

https://www.nextgenai.ca

NextGen Food Robotics Corp is a multi-division food manufacturing operation that offers commissary and ghost kitchens, co-pack and private label contract manufacturing, and in-house production of the Company's plant-based brand. Additionally, Nextgen is developing the Lily app, which is an AI-powered food application. The Company has two operating segments: co-packing and manufacturing operations and commissary kitchen operations in Canada.

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