TOBAF (TAAT Global Alternatives) Change In Receivables: $-0.08 Mil (TTM As of Jul. 2024)


TOBAF TAAT Global Alternatives Inc TOBAF
10 GF Score
Price $0.01
View Full Analysis

What is TAAT Global Alternatives Change In Receivables?

TAAT Global Alternatives TOBAF 10 Change In Receivables is $-0.08 Mil as of Jul. 2024. GuruFocus rates TOBAF with a GF Score™ of 10/100.

TAAT Global Alternatives's change in receivables for the quarter that ended in Jul. 2024 was $-0.24 Mil. It means TAAT Global Alternatives's Accounts Receivable increased by $0.24 Mil from Apr. 2024 to Jul. 2024 .

TAAT Global Alternatives's change in receivables for the fiscal year that ended in Oct. 2023 was $0.06 Mil. It means TAAT Global Alternatives's Accounts Receivable declined by $0.06 Mil from Oct. 2022 to Oct. 2023 .

TAAT Global Alternatives's Accounts Receivable for the quarter that ended in Jul. 2024 was $3.65 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. TAAT Global Alternatives's Days Sales Outstanding for the three months ended in Jul. 2024 was 18.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TAAT Global Alternatives's liquidation value for the three months ended in Jul. 2024 was $-3.17 Mil.

TAAT Global Alternatives  (OTCPK:TOBAF) 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.

TAAT Global Alternatives's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.646/17.605*91
=18.90

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

TAAT Global Alternatives's liquidation value for the quarter that ended in Jul. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.214-7.618+0.75 * 3.646+0.5 * 2.992
=-3.17

* 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.

TAAT Global Alternatives Change In Receivables Related Terms

TAAT Global Alternatives Change In Receivables Historical Data

* Premium members only.

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Change In Receivables Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.16 -1.40 1.30 0.06

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.11 0.28 0.29 -0.41 -0.24
TOBAF
10GF Score
TAAT Global Alternatives Inc TOBAF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TAAT Global Alternatives 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 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 $-0.08 Mil mean?
TAAT Global Alternatives (TOBAF) has a Change In Receivables of $-0.08 Mil as of Jul. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for TAAT Global Alternatives and its competitors.
Is TAAT Global Alternatives' Change In Receivables too high?
TAAT Global Alternatives' current Change In Receivables is $-0.08 Mil. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Change In Receivables compare to VPRB and XXII?
TAAT Global Alternatives' Change In Receivables of $-0.08 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Change In Receivables depends on the Tobacco Products 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 TAAT Global Alternatives and its competitors. TAAT Global Alternatives's current Change In Receivables is $-0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Change In Receivables of $-0.08 Mil. The current Change In Receivables is $-0.08 Mil. TAAT Global Alternatives' overall GF Score™ is 10/100. 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 TAAT Global Alternatives (TOBAF), the current Change In Receivables is $-0.08 Mil as of Jul. 2024. 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.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
10GF Score

Get the complete analysis for TOBAF

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.01
Price