MTL Cannabis (STU:J4E) Change In Receivables : €2.11 Mil (TTM As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is MTL Cannabis Change In Receivables?

MTL Cannabis's change in receivables for the quarter that ended in Sep. 2023 was €3.81 Mil. It means MTL Cannabis's Accounts Receivable declined by €3.81 Mil from Jun. 2023 to Sep. 2023 .

MTL Cannabis's change in receivables for the fiscal year that ended in Mar. 2023 was €-0.45 Mil. It means MTL Cannabis's Accounts Receivable increased by €0.45 Mil from Mar. 2022 to Mar. 2023 .

MTL Cannabis's Accounts Receivable for the quarter that ended in Sep. 2023 was €5.61 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. MTL Cannabis's Days Sales Outstanding for the three months ended in Sep. 2023 was 38.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MTL Cannabis's liquidation value for the three months ended in Sep. 2023 was €-33.59 Mil.

MTL Cannabis Change In Receivables Historical Data

The historical data trend for MTL Cannabis'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.

MTL Cannabis Change In Receivables Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Change In Receivables

-1.23

-3.71

-0.45

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-0.80	-	-1.70	3.81	-

MTL Cannabis 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.11 Mil.

MTL Cannabis (STU:J4E) 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.

MTL Cannabis's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.613	/	13.161	*	91
=	38.92

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

MTL Cannabis's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.256	-	43.575	+	0.75 * 5.613	+	0.5 * 7.037
=	-33.59

MTL Cannabis Change In Receivables Related Terms

Thank you for viewing the detailed overview of MTL Cannabis's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

MTL Cannabis (STU:J4E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (STU:J4E) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

J4E:Germany MTLC:Canada

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

MTL Cannabis (STU:J4E) Headlines

No Headlines