RMHB (Rocky Mountain High Brands) Change In Receivables: $-0.01 Mil (TTM As of Jun. 2020)

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What is Rocky Mountain High Brands Change In Receivables?

Rocky Mountain High Brands RMHB +26.32% Change In Receivables is $-0.01 Mil as of Jun. 2020.

Rocky Mountain High Brands's change in receivables for the quarter that ended in Jun. 2020 was $-0.01 Mil. It means Rocky Mountain High Brands's Accounts Receivable increased by $0.01 Mil from Mar. 2020 to Jun. 2020 .

Rocky Mountain High Brands's change in receivables for the fiscal year that ended in Dec. 2019 was $-0.00 Mil. It means Rocky Mountain High Brands's Accounts Receivable increased by $0.00 Mil from Dec. 2018 to Dec. 2019 .

Rocky Mountain High Brands's Accounts Receivable for the quarter that ended in Jun. 2020 was $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. Rocky Mountain High Brands's Days Sales Outstanding for the three months ended in Jun. 2020 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rocky Mountain High Brands's liquidation value for the three months ended in Jun. 2020 was $-6.71 Mil.

Rocky Mountain High Brands  (OTCPK:RMHB) 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.

Rocky Mountain High Brands's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.669*91
=0.00

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

Rocky Mountain High Brands's liquidation value for the quarter that ended in Jun. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.032-6.816+0.75 * 0+0.5 * 0.15
=-6.71

* 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.

Rocky Mountain High Brands Change In Receivables Related Terms

Rocky Mountain High Brands Change In Receivables Historical Data

* Premium members only.

The historical data trend for Rocky Mountain High Brands'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.

Rocky Mountain High Brands Change In Receivables Chart

Rocky Mountain High Brands Annual Data
Trend Dec09 Jun10 Jun11 Jun12 Jun16 Jun17 Dec18 Dec19
Change In Receivables
Get a 7-Day Free Trial 0.00 -0.04 0.00 -0.02 -0.00

Rocky Mountain High Brands Quarterly Data
Dec09 Jun10 Dec10 Jun11 Jun12 Jun16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.01 -0.32 0.31 0.01 -0.01

Rocky Mountain High Brands 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
Rocky Mountain High Brands (RMHB) has a Change In Receivables of $-0.01 Mil as of Jun. 2020. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Rocky Mountain High Brands and its competitors.
Is Rocky Mountain High Brands' Change In Receivables too high?
Rocky Mountain High Brands' current Change In Receivables is $-0.01 Mil.
How does Rocky Mountain High Brands' Change In Receivables compare to MOJO and CIRX?
Rocky Mountain High Brands' Change In Receivables of $-0.01 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Change In Receivables depends on the Beverages - Non-Alcoholic 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 Rocky Mountain High Brands and its competitors. Rocky Mountain High Brands's current Change In Receivables is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocky Mountain High Brands stock overvalued right now?
Rocky Mountain High Brands (RMHB) has a current Change In Receivables of $-0.01 Mil. The current Change In Receivables is $-0.01 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 Rocky Mountain High Brands (RMHB), the current Change In Receivables is $-0.01 Mil as of Jun. 2020. 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.

Rocky Mountain High Brands Business Description

Address 12150 Shiloh Road, Suite 120, Dallas, TX, USA, 75228
Rocky Mountain High Brands Inc is a Dallas-based consumer goods company that offers energy drinks. The company specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. The company delivers a fresh line of clean-label energy drinks supercharged with hempseed, guarana, ginseng, and pure beet sugar.