SLGWQ (SLANG Worldwide) Change In Receivables : $1.35 Mil (TTM As of Jun. 2024)

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What is SLANG Worldwide Change In Receivables?

SLANG Worldwide's change in receivables for the quarter that ended in Jun. 2024 was $0.17 Mil. It means SLANG Worldwide's Accounts Receivable declined by $0.17 Mil from Mar. 2024 to Jun. 2024 .

SLANG Worldwide's change in receivables for the fiscal year that ended in Dec. 2023 was $0.30 Mil. It means SLANG Worldwide's Accounts Receivable declined by $0.30 Mil from Dec. 2022 to Dec. 2023 .

SLANG Worldwide's Accounts Receivable for the quarter that ended in Jun. 2024 was $1.25 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. SLANG Worldwide's Days Sales Outstanding for the three months ended in Jun. 2024 was 24.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SLANG Worldwide's liquidation value for the three months ended in Jun. 2024 was $-27.82 Mil.

SLANG Worldwide Change In Receivables Historical Data

The historical data trend for SLANG Worldwide'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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SLANG Worldwide Change In Receivables Chart

SLANG Worldwide Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-6.38

-0.34

-1.38

0.13

0.30

SLANG Worldwide Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-0.83	0.66	0.36	0.15	0.17

SLANG Worldwide 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 $1.35 Mil.

SLANG Worldwide (OTCPK:SLGWQ) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.252	/	4.584	*	91
=	24.92

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

SLANG Worldwide'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)
=	1.927	-	32.508	+	0.75 * 1.252	+	0.5 * 3.637
=	-27.82

SLANG Worldwide Change In Receivables Related Terms

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SLANG Worldwide Business Description

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Address

50 Carroll Street, Toronto, ON, CAN, M4M 3G3

Website

https://www.slangww.com

SLANG Worldwide Inc is a cannabis-focused consumer packaged goods company. It is focused on acquiring and developing regional brands, as well as creating new brands to meet the needs of cannabis consumers. It operates in two reportable segments Core Markets, and Emerging Markets, and the majority of its revenue comes from the Core Market. Geographically it operates in Canada and the U.S. It derives the majority of its revenue from the U.S. Its brand portfolio involves, Firefly, O.pen, and Alchemy Naturals.