NTBLQ (Notable Labs) Change In Receivables: $0.00 Mil (TTM As of Jun. 2024)

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What is Notable Labs Change In Receivables?

Notable Labs NTBLQ -90.00% Change In Receivables is $0.00 Mil as of Jun. 2024.

Notable Labs's change in receivables for the quarter that ended in Jun. 2024 was $0.00 Mil. It means Notable Labs's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Notable Labs's change in receivables for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means Notable Labs's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Notable Labs's Accounts Receivable for the quarter that ended in Jun. 2024 was $0.18 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. Notable Labs's Days Sales Outstanding for the three months ended in Jun. 2024 was 8,395.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Notable Labs's liquidation value for the three months ended in Jun. 2024 was $0.41 Mil.

Notable Labs  (OTCPK:NTBLQ) 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.

Notable Labs's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.184/0.002*91
=8,395.00

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

Notable Labs'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)
=4.092-3.818+0.75 * 0.184+0.5 * 0
=0.41

* 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.

Notable Labs Change In Receivables Related Terms

Notable Labs Change In Receivables Historical Data

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The historical data trend for Notable Labs'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.

Notable Labs Change In Receivables Chart

Notable Labs Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
0.00 0.00 0.00

Notable Labs Quarterly Data
Dec21 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Change In Receivables Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Notable Labs 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 $0.00 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 $0.00 Mil mean?
Notable Labs (NTBLQ) has a Change In Receivables of $0.00 Mil as of Jun. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Notable Labs and its competitors.
Is Notable Labs' Change In Receivables too high?
Notable Labs' current Change In Receivables is $0.00 Mil.
How does Notable Labs' Change In Receivables compare to VRTX and REGN?
Notable Labs' Change In Receivables of $0.00 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Change In Receivables depends on the Biotechnology 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 Notable Labs and its competitors. Notable Labs's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Notable Labs stock overvalued right now?
Notable Labs (NTBLQ) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 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 Notable Labs (NTBLQ), the current Change In Receivables is $0.00 Mil as of Jun. 2024. 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.

Notable Labs Business Description

Address 320 Hatch Drive, Foster City, CA, USA, 94404
Notable Labs Ltd is a clinical-stage platform therapeutics company developing predictive precision medicines for patients with cancer. Through its proprietary Predictive Precision Medicines Platform (PPMP), Notable bio-simulates a cancer treatment to predict whether or not a patient is likely to respond to that specific therapeutic. PPMP is designed to enable Notable to identify and select patients expected to be clinically responsive before the initiation of their treatment and potentially enable fast-track therapeutic development in this patient population.