NGHI (New Green Hemp) Change In Receivables: $-0.31 Mil (TTM As of Mar. 2019)

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What is New Green Hemp Change In Receivables?

New Green Hemp NGHI Change In Receivables is $-0.31 Mil as of Mar. 2019.

New Green Hemp's change in receivables for the quarter that ended in Mar. 2019 was $-0.31 Mil. It means New Green Hemp's Accounts Receivable increased by $0.31 Mil from Dec. 2018 to Mar. 2019 .

New Green Hemp's change in receivables for the fiscal year that ended in Dec. 2018 was $0.00 Mil. It means New Green Hemp's Accounts Receivable stayed the same from Dec. 2017 to Dec. 2018 .

New Green Hemp's Accounts Receivable for the quarter that ended in Mar. 2019 was $0.98 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. New Green Hemp's Days Sales Outstanding for the three months ended in Mar. 2019 was 89.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. New Green Hemp's liquidation value for the three months ended in Mar. 2019 was $-1.45 Mil.

New Green Hemp  (OTCPK:NGHI) 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.

New Green Hemp's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.984/1.007*91
=89.17

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

New Green Hemp's liquidation value for the quarter that ended in Mar. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.123-2.387+0.75 * 0.984+0.5 * 0.158
=-1.45

* 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.

New Green Hemp Change In Receivables Related Terms

New Green Hemp Change In Receivables Historical Data

* Premium members only.

The historical data trend for New Green Hemp'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.

New Green Hemp Change In Receivables Chart

New Green Hemp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Receivables
Get a 7-Day Free Trial -0.11 0.01 0.09 -0.55 0.00

New Green Hemp Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -0.31

New Green Hemp 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.31 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 $-0.31 Mil mean?
New Green Hemp (NGHI) has a Change In Receivables of $-0.31 Mil as of Mar. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for New Green Hemp and its competitors.
Is New Green Hemp's Change In Receivables too high?
New Green Hemp's current Change In Receivables is $-0.31 Mil.
How does New Green Hemp's Change In Receivables compare to PKDSQ and FSNR?
New Green Hemp's Change In Receivables of $-0.31 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 New Green Hemp and its competitors. New Green Hemp's current Change In Receivables is $-0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Green Hemp stock overvalued right now?
New Green Hemp (NGHI) has a current Change In Receivables of $-0.31 Mil. The current Change In Receivables is $-0.31 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 New Green Hemp (NGHI), the current Change In Receivables is $-0.31 Mil as of Mar. 2019. 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.

New Green Hemp Business Description

Industry EnergyOil & Gas
Address 4362 Mahan Drive, Tallahassee, FL, USA, 32308
New Green Hemp Incis focused on developing and acquiring businesses that fit into the disruptive business model of Developing, Scaling, and Financing (DSF) within synergistic industries and focused business groups.