Goodfood Market (TSX:FOOD) Change In Receivables : C$2.4 Mil (TTM As of Aug. 2024)

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What is Goodfood Market Change In Receivables?

Goodfood Market's change in receivables for the quarter that ended in Aug. 2024 was C$0.4 Mil. It means Goodfood Market's Accounts Receivable declined by C$0.4 Mil from May. 2024 to Aug. 2024 .

Goodfood Market's change in receivables for the fiscal year that ended in Aug. 2024 was C$2.4 Mil. It means Goodfood Market's Accounts Receivable declined by C$2.4 Mil from Aug. 2023 to Aug. 2024 .

Goodfood Market's Accounts Receivable for the quarter that ended in Aug. 2024 was C$0.0 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. Goodfood Market's Days Sales Outstanding for the three months ended in Aug. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Goodfood Market's liquidation value for the three months ended in Aug. 2024 was C$-52.8 Mil.

Goodfood Market Change In Receivables Historical Data

The historical data trend for Goodfood Market'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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Goodfood Market Change In Receivables Chart

Goodfood Market Annual Data

Trend

Dec15

Dec16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Change In Receivables

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-1.87

-1.38

2.76

-0.54

2.35

Goodfood Market Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Change In Receivables	Get a 7-Day Free Trial															-0.04	0.16	0.61	1.17	0.41

Goodfood Market 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.4 Mil.

Goodfood Market (TSX:FOOD) 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.

Goodfood Market's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	34.063	*	91
=	0.00

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

Goodfood Market's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	24.01	-	78.393	+	0.75 * 0	+	0.5 * 3.157
=	-52.8

Goodfood Market Change In Receivables Related Terms

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Goodfood Market Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Goodfood Market Corp (TSX:FOOD) » Definitions » Change In Receivables

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GDDFF:USA

Address

4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2

Website

https://www.makegoodfood.ca

Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.

Executives

Roslane Aouameur	Senior Officer
Neil Cuggy	10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Jonathan Ferrari	10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Bipasha Chiu	Senior Officer
Donald John Olds	Director
Jennifer Stahlke	Senior Officer
Terry Yanofsky	Director
Jonathan Roiter	Senior Officer
Francois Vimard	Director
Mohammed Awada	Senior Officer
Hamnett Hill	Director
Philippe St-cyr Adam	Senior Officer

Goodfood Market Headlines

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