PlantX Life (PlantX Life) Change In Receivables : $-0.28 Mil (TTM As of Dec. 2023)

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What is PlantX Life Change In Receivables?

PlantX Life's change in receivables for the quarter that ended in Dec. 2023 was $0.01 Mil. It means PlantX Life's Accounts Receivable declined by $0.01 Mil from Sep. 2023 to Dec. 2023 .

PlantX Life's change in receivables for the fiscal year that ended in Mar. 2023 was $-0.04 Mil. It means PlantX Life's Accounts Receivable increased by $0.04 Mil from Mar. 2022 to Mar. 2023 .

PlantX Life's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.50 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. PlantX Life's Days Sales Outstanding for the three months ended in Dec. 2023 was 18.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PlantX Life's liquidation value for the three months ended in Dec. 2023 was $-20.03 Mil.

PlantX Life Change In Receivables Historical Data

The historical data trend for PlantX Life'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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PlantX Life Change In Receivables Chart

PlantX Life Annual Data

Trend

Jul19

Jul20

Mar21

Mar22

Mar23

Change In Receivables

-0.01

-0.02

-1.02

0.75

-0.04

PlantX Life Quarterly Data
	Jul19	Mar20	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial											0.75	-0.37	0.24	-0.16	0.01

PlantX Life 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.28 Mil.

PlantX Life (OTCPK:PLTXD) 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.

PlantX Life's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.499	/	2.408	*	91
=	18.91

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

PlantX Life's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.143	-	20.754	+	0.75 * 0.499	+	0.5 * 0.42
=	-20.03

PlantX Life Change In Receivables Related Terms

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PlantX Life (PlantX Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PlantX Life Inc (OTCPK:PLTXD) » Definitions » Change In Receivables

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Traded in Other Exchanges

WNT:Germany VEGA:Canada

Address

100 Park Royal South, Suite 504, West Vancouver, Vancouver, BC, CAN, V7T 1A2

Website

https://www.plantx.com

PlantX Life Inc is a digital-based, one-stop-shop, and distribution company with a fast-growing database with a plan to offer customers across North America. The company's operating segment includes Vegaste, PlantX Living Inc, Bloombox, Score (Squamish), Israel, Little West, Plant-Based Deli, New Deli, PlantX UK, PlantX Nevada, EH Coffee, Portfolio Coffee, and PlantX Midwest. The company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs, and brands. It has a presence in the United States, United Kingdom, Canada, Israel, and Germany.