Indiva (TSXV:NDVA) Change In Receivables : C$-0.36 Mil (TTM As of Mar. 2024)

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What is Indiva Change In Receivables?

Indiva's change in receivables for the quarter that ended in Mar. 2024 was C$0.70 Mil. It means Indiva's Accounts Receivable declined by C$0.70 Mil from Dec. 2023 to Mar. 2024 .

Indiva's change in receivables for the fiscal year that ended in Dec. 2023 was C$-1.46 Mil. It means Indiva's Accounts Receivable increased by C$1.46 Mil from Dec. 2022 to Dec. 2023 .

Indiva's Accounts Receivable for the quarter that ended in Mar. 2024 was C$4.07 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. Indiva's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Indiva's liquidation value for the three months ended in Mar. 2024 was C$-30.64 Mil.

Indiva Change In Receivables Historical Data

The historical data trend for Indiva'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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Indiva Change In Receivables Chart

Indiva Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.12

-3.95

-1.15

1.73

-1.46

Indiva Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.40	0.50	0.32	-1.89	0.70

Indiva 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.36 Mil.

Indiva (TSXV:NDVA) 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.

Indiva's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.071	/	9.329	*	91
=	39.82

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

Indiva's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.981	-	39.096	+	0.75 * 4.071	+	0.5 * 4.851
=	-30.64

Indiva Change In Receivables Related Terms

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Indiva (TSXV:NDVA) Business Description

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NDVAF:USA T8RP:Germany

Address

333 Preston Street, Suite 710, Ottawa, ON, CAN, K1S 1N4

Website

https://www.indiva.com

Indiva Ltd sets the standard for quality and innovation in cannabis. As a Canadian licensed producer, the company produces and distributes award-winning cannabis products nationally, including Bhang Chocolate, Wana Sour Gummies, Slow Ride Bakery Cookies, Jewels Chewable Tablets, Ruby Cannabis Sugar, Sapphire Cannabis Salt, as well as capsules, pre-rolls and premium flower under the INDIVA and Artisan Batch brands.

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Tweed Inc.

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