Medicine Man Technologies (NEOE:SHWZ) Change In Receivables : C$3.7 Mil (TTM As of Jun. 2024)

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What is Medicine Man Technologies Change In Receivables?

Medicine Man Technologies's change in receivables for the quarter that ended in Jun. 2024 was C$-0.0 Mil. It means Medicine Man Technologies's Accounts Receivable increased by C$0.0 Mil from Mar. 2024 to Jun. 2024 .

Medicine Man Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was C$1.2 Mil. It means Medicine Man Technologies's Accounts Receivable declined by C$1.2 Mil from Dec. 2022 to Dec. 2023 .

Medicine Man Technologies's Accounts Receivable for the quarter that ended in Jun. 2024 was C$4.8 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. Medicine Man Technologies's Days Sales Outstanding for the three months ended in Jun. 2024 was 7.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Medicine Man Technologies's liquidation value for the three months ended in Jun. 2024 was C$-303.4 Mil.

Medicine Man Technologies Change In Receivables Historical Data

The historical data trend for Medicine Man Technologies'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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Medicine Man Technologies Change In Receivables Chart

Medicine Man Technologies Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-4.43

1.12

0.31

-0.14

1.24

Medicine Man Technologies Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-1.07	1.53	0.97	1.23	-

Medicine Man Technologies 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3.7 Mil.

Medicine Man Technologies (NEOE:SHWZ) 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.

Medicine Man Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.836	/	59.255	*	91
=	7.45

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

Medicine Man Technologies's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	16.976	-	341.012	+	0.75 * 4.836	+	0.5 * 34.082
=	-303.4

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Medicine Man Technologies Business Description

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SHWZ:USA

Address

865 N. Albion Street, Suite 300, Denver, CO, USA, 80220

Website

https://www.schwazze.com

Medicine Man Technologies Inc is a vertically integrated multi-state cannabis operator focused on growth through expansion into existing and new markets. The Company's business involves the cultivation, manufacturing, distribution, and retail sale of cannabis and cannabis-related products. The Company sells products it manufactures and cultivates and a variety of other cannabis goods through wholly-owned retail stores, licensing arrangements, and/or third-party operators and retailers. Its operations are organized into three different segments: Retail, consisting of retail locations for sale of cannabis products; Wholesale, consisting of manufacturing, cultivation, and sale of both wholesale cannabis and non-cannabis products; and Other, consisting of all other income and expenses.