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Rocky Mountain High Brands (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'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 Change In Receivables Historical Data

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.

* Premium members only.

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 - -0.04 - -0.02 -

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.


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

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Rocky Mountain High Brands (Rocky Mountain High Brands) Business Description

Traded in Other Exchanges
N/A
Address
1000 Shiloh Road, Suite 200, Plano, TX, USA, 75074
Rocky Mountain High Brands Inc is a brand management company. RMHB 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. It also markets a naturally high alkaline spring water as part of the company's brand portfolio.
Executives
Winton Morrison director 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Jens R. Mielke officer: Chief Financial Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Michael R. Welch director, officer: President and CEO 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Charles Walter Smith director, officer: Chief Operating Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
David M. Seeberger director, officer: Vice President 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Kevin Harrington director 14044 ICOT BLVD., CLEARWATER FL 33760
Gerard Vincent David director, officer: Chairman of the Board 3615 5TH AVENUE NE BRADENTON FL 34208
Jerome A. Grisaffi director, officer: Secretary and Chairman 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Lily Li 10 percent owner, officer: Executive Vice President 4858 ROUTE 32 CATSKILL NY 12414