TPB (Turning Point Brands) Change In Receivables : $0.1 Mil (TTM As of Sep. 2024)

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What is Turning Point Brands Change In Receivables?

Turning Point Brands's change in receivables for the quarter that ended in Sep. 2024 was $2.1 Mil. It means Turning Point Brands's Accounts Receivable declined by $2.1 Mil from Jun. 2024 to Sep. 2024 .

Turning Point Brands's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.6 Mil. It means Turning Point Brands's Accounts Receivable increased by $1.6 Mil from Dec. 2022 to Dec. 2023 .

Turning Point Brands's Accounts Receivable for the quarter that ended in Sep. 2024 was $10.6 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. Turning Point Brands's Days Sales Outstanding for the three months ended in Sep. 2024 was 9.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Turning Point Brands's liquidation value for the three months ended in Sep. 2024 was $-206.5 Mil.

Turning Point Brands Change In Receivables Historical Data

The historical data trend for Turning Point 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.

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Turning Point Brands Change In Receivables Chart

Turning Point Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.46

-2.11

3.32

-2.10

-1.61

Turning Point Brands Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-2.57	0.50	1.93	-4.42	2.08

Turning Point 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.1 Mil.

Turning Point Brands (NYSE:TPB) 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.

Turning Point Brands's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.582	/	105.617	*	91
=	9.14

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

Turning Point Brands's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	33.557	-	301.25	+	0.75 * 10.582	+	0.5 * 106.416
=	-206.5

Turning Point Brands Change In Receivables Related Terms

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Turning Point Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Turning Point Brands Inc (NYSE:TPB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

0T5:Germany

Address

5201 Interchange Way, Louisville, KY, USA, 40229

Website

https://www.turningpointbrands.com

Turning Point Brands Inc operates as manufacturer, marketer, provider of consumer products that include Other Tobacco Products (OTP) in the U.S. The company offers a wide variety across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in three segments namely Zig-Zag products; Stoker's products and NewGen products. The company generates maximum revenue from the Zig-Zag products segment.

Executives

Baxter Gregory H.a.	director	C/O SPECIAL DIVERSIFIED OPPORTUNITIES, 1521 CONCORD PIKE, SUITE 301, WILMINGTON DE 19803
Lawrence Wexler	director, officer: President and CEO	393 CARTER STREET, NEW CANAAN CT 06840
Stephen Usher	director	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
David Edward Glazek	director, officer: Executive Chairman	767 FIFTH AVENUE 12TH FL, NEW YORK NY 10153
Graham Purdy	officer: President & CEO	12442 POPLAR WOOD DRIVE, GOSHEN KY 40026
Brittani Cushman	officer: Sr VP, General Counsel	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Luis Reformina	officer: Sr VP, CFO	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Rohith Reddy	director	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Zimmerman Arnold	director	925 PARK AVE, 2A, NEW YORK NY 10028
Assia Grazioli-venier	director	C/O MARQUEE RAINE ACQUISITION CORP., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Ashley Davis Frushone	director	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Diao H.c. Charles	director	1775 TYSONS BOULEVARD, TYSONS VA 22102
Standard General L.p.	10 percent owner	767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Yavor Efremov	director	1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK TX 72202
Standard Diversified Inc.	10 percent owner	767 5TH AVENUE, 12TH FLOOR, NEW YORK NY 10153