TILT Holdings (TILT Holdings) Change In Receivables : $8.1 Mil (TTM As of Dec. 2023)

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What is TILT Holdings Change In Receivables?

TILT Holdings's change in receivables for the quarter that ended in Dec. 2023 was $2.7 Mil. It means TILT Holdings's Accounts Receivable declined by $2.7 Mil from Sep. 2023 to Dec. 2023 .

TILT Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $8.1 Mil. It means TILT Holdings's Accounts Receivable declined by $8.1 Mil from Dec. 2022 to Dec. 2023 .

TILT Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $17.9 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. TILT Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TILT Holdings's liquidation value for the three months ended in Dec. 2023 was $-136.9 Mil.

TILT Holdings Change In Receivables Historical Data

The historical data trend for TILT Holdings'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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TILT Holdings Change In Receivables Chart

TILT Holdings Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-6.29

-0.41

-17.63

5.86

8.10

TILT Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-2.80	0.42	-0.18	5.15	2.71

TILT Holdings 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 $8.1 Mil.

TILT Holdings (OTCPK:TLLTF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	17.919	/	37.538	*	91
=	43.56

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

TILT Holdings'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)
=	2.034	-	168.795	+	0.75 * 17.919	+	0.5 * 32.908
=	-136.9

TILT Holdings Change In Receivables Related Terms

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TILT Holdings (TILT Holdings) Business Description

Industry

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Traded in Other Exchanges

0T01:Germany TILT:Canada

Address

2801 E Camelback Road, Suite 180, Phoenix, AZ, USA, 85016

Website

https://www.tiltholdings.com

TILT Holdings Inc helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production. The majority of the revenue is generated from the Accessories segment which is engaged in the manufacturing and distribution of electronic, non-nicotine (i.e., cannabis) devices and systems. The company's geographical segments include the United States and Canada, of which the majority of the revenue is generated from the United States.