BioHarvest Sciences (XCNQ:BHSC) Change In Receivables : C$-0.48 Mil (TTM As of Mar. 2024)

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What is BioHarvest Sciences Change In Receivables?

BioHarvest Sciences's change in receivables for the quarter that ended in Mar. 2024 was C$-0.29 Mil. It means BioHarvest Sciences's Accounts Receivable increased by C$0.29 Mil from Dec. 2023 to Mar. 2024 .

BioHarvest Sciences's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.03 Mil. It means BioHarvest Sciences's Accounts Receivable increased by C$0.03 Mil from Dec. 2022 to Dec. 2023 .

BioHarvest Sciences's Accounts Receivable for the quarter that ended in Mar. 2024 was C$1.02 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. BioHarvest Sciences's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BioHarvest Sciences's liquidation value for the three months ended in Mar. 2024 was C$-14.56 Mil.

BioHarvest Sciences Change In Receivables Historical Data

The historical data trend for BioHarvest Sciences'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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BioHarvest Sciences Change In Receivables Chart

BioHarvest Sciences Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.09

-0.34

-0.80

-0.03

BioHarvest Sciences Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.50	0.21	-	-0.19	-0.29

BioHarvest Sciences 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$-0.48 Mil.

BioHarvest Sciences (XCNQ:BHSC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.022	/	7.234	*	91
=	12.89

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

BioHarvest Sciences'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)
=	4.651	-	21.789	+	0.75 * 1.022	+	0.5 * 3.622
=	-14.56

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BioHarvest Sciences (XCNQ:BHSC) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BioHarvest Sciences Inc (XCNQ:BHSC) » Definitions » Change In Receivables

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CNVCF:USA 8MV:Germany

Address

1140-625 Howe Street, Vancouver, BC, CAN, V6C 2T6

Website

https://www.bioharvest.com

BioHarvest Sciences Inc is the developer and owner of the patented bio-cell growth platform farming technology. This company is the industrial large-scale plant cell growth technology capable of directly and constantly producing active plant ingredients without the necessity to grow the plant itself. The company is focused on leveraging its botanical synthesis technology to develop the next generation of science-based and clinical therapeutic solutions, within two business verticals - nutraceutical health and wellness products such as dietary supplements, and the development of plant cell-based Active Pharmaceutical Ingredients (APIs) that focus on specific medical indications.

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