The Very Good Food Co (The Very Good Food Co) Change In Receivables : $0.15 Mil (TTM As of Sep. 2022)

View and export this data going back to 2020. Start your Free Trial

What is The Very Good Food Co Change In Receivables?

The Very Good Food Co's change in receivables for the quarter that ended in Sep. 2022 was $-0.38 Mil. It means The Very Good Food Co's Accounts Receivable increased by $0.38 Mil from Jun. 2022 to Sep. 2022 .

The Very Good Food Co's change in receivables for the fiscal year that ended in Dec. 2021 was $-1.26 Mil. It means The Very Good Food Co's Accounts Receivable increased by $1.26 Mil from Dec. 2020 to Dec. 2021 .

The Very Good Food Co's Accounts Receivable for the quarter that ended in Sep. 2022 was $0.78 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. The Very Good Food Co's Days Sales Outstanding for the three months ended in Sep. 2022 was 53.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Very Good Food Co's liquidation value for the three months ended in Sep. 2022 was $-18.96 Mil.

The Very Good Food Co Change In Receivables Historical Data

The historical data trend for The Very Good Food Co'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.

* Premium members only.

The Very Good Food Co Change In Receivables Chart

The Very Good Food Co Annual Data

Trend

Dec19

Dec20

Dec21

Change In Receivables

-0.04

-0.28

-1.26

The Very Good Food Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Change In Receivables	Get a 7-Day Free Trial										-0.20	-0.34	0.27	0.60	-0.38

The Very Good Food Co 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.15 Mil.

The Very Good Food Co (OTCPK:VGFCQ) 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.

The Very Good Food Co's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.776	/	1.317	*	91
=	53.77

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

The Very Good Food Co's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.531	-	23.476	+	0.75 * 0.776	+	0.5 * 6.805
=	-18.96

The Very Good Food Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of The Very Good Food Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

The Very Good Food Co (The Very Good Food Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Very Good Food Co Inc (OTCPK:VGFCQ) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2748 Rupert Street, Vancouver, BC, CAN, V5M 3T7

Website

https://www.verygoodfood.com

The Very Good Food Co Inc operates in the food industry. The company is a food technology company that designs, develops, produces, distributes, and sells a variety of plant-based meat and other food alternatives.