BevCanna Enterprises (XCNQ:BEV) Change In Receivables : C$0.29 Mil (TTM As of Dec. 2023)

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What is BevCanna Enterprises Change In Receivables?

BevCanna Enterprises's change in receivables for the quarter that ended in Dec. 2023 was C$-0.04 Mil. It means BevCanna Enterprises's Accounts Receivable increased by C$0.04 Mil from Sep. 2023 to Dec. 2023 .

BevCanna Enterprises's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.29 Mil. It means BevCanna Enterprises's Accounts Receivable declined by C$0.29 Mil from Dec. 2022 to Dec. 2023 .

BevCanna Enterprises's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.42 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BevCanna Enterprises's liquidation value for the three months ended in Dec. 2023 was C$-16.88 Mil.

BevCanna Enterprises Change In Receivables Historical Data

The historical data trend for BevCanna Enterprises'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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BevCanna Enterprises Change In Receivables Chart

BevCanna Enterprises Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.31

-0.10

-0.43

0.26

0.29

BevCanna Enterprises 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															0.45	0.05	-0.04	0.32	-0.04

BevCanna Enterprises 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$0.29 Mil.

BevCanna Enterprises (XCNQ:BEV) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.419	/	-1.109	*	91
=

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

BevCanna Enterprises'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)
=	0.126	-	17.383	+	0.75 * 0.419	+	0.5 * 0.132
=	-16.88

BevCanna Enterprises Change In Receivables Related Terms

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BevCanna Enterprises (XCNQ:BEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » BevCanna Enterprises Inc (XCNQ:BEV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

BVNNF:USA 7BC0:Germany

Address

300 1008 Homer Street, Vancouver, BC, CAN, V6B 2X1

Website

https://www.bevcanna.com

BevCanna Enterprises Inc develops and manufactures cannabidiol (CBD) and tetrahydrocannabinol (THC) beverages and supplements for both in-house brands and white-label customers. It also provides direct-to-customer sales of natural health products, including nutraceutical and hemp-based CBD products. Its geographical segments are Canada and the United States.

Executives

Martino Ciambrelli

Senior Officer

BevCanna Enterprises (XCNQ:BEV) Headlines

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