Aurora Cannabis (TSX:ACB) Change In Receivables : C$1.8 Mil (TTM As of Dec. 2023)

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What is Aurora Cannabis Change In Receivables?

Aurora Cannabis's change in receivables for the quarter that ended in Dec. 2023 was C$-3.6 Mil. It means Aurora Cannabis's Accounts Receivable increased by C$3.6 Mil from Sep. 2023 to Dec. 2023 .

Aurora Cannabis's change in receivables for the fiscal year that ended in Jun. 2021 was C$7.4 Mil. It means Aurora Cannabis's Accounts Receivable declined by C$7.4 Mil from Jun. 2020 to Jun. 2021 .

Aurora Cannabis's Accounts Receivable for the quarter that ended in Dec. 2023 was C$43.3 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. Aurora Cannabis's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aurora Cannabis's liquidation value for the three months ended in Dec. 2023 was C$-6.0 Mil.

Aurora Cannabis Change In Receivables Historical Data

The historical data trend for Aurora 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.

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Aurora Cannabis Change In Receivables Chart

Aurora Cannabis Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Change In Receivables

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-1.62

-12.36

-68.52

55.16

7.37

Aurora Cannabis 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															-5.34	4.42	8.24	-7.27	-3.59

Aurora 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.8 Mil.

Aurora Cannabis (TSX:ACB) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	43.318	/	64.419	*	91
=	61.36

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

Aurora Cannabis'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)
=	148.551	-	258.977	+	0.75 * 43.318	+	0.5 * 143.956
=	-6.0

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Aurora Cannabis (TSX:ACB) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aurora Cannabis Inc (TSX:ACB) » Definitions » Change In Receivables

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Traded in Other Exchanges

ACB:USA 21P1:Germany

Address

3498 63 Avenue, Leduc, AB, CAN, T9E 0G8

Website

https://www.auroramj.com

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.

Executives