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Choom Holdings (XCNQ:CHOO) Change In Receivables : C$0.19 Mil (TTM As of Dec. 2021)


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What is Choom Holdings Change In Receivables?

Choom Holdings's change in receivables for the quarter that ended in Dec. 2021 was C$-0.00 Mil. It means Choom Holdings's Accounts Receivable increased by C$0.00 Mil from Sep. 2021 to Dec. 2021 .

Choom Holdings's change in receivables for the fiscal year that ended in Jun. 2021 was C$0.15 Mil. It means Choom Holdings's Accounts Receivable declined by C$0.15 Mil from Jun. 2020 to Jun. 2021 .

Choom Holdings's Accounts Receivable for the quarter that ended in Dec. 2021 was C$0.04 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. Choom Holdings's Days Sales Outstanding for the three months ended in Dec. 2021 was 0.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Choom Holdings's liquidation value for the three months ended in Dec. 2021 was C$-21.40 Mil.


Choom Holdings Change In Receivables Historical Data

The historical data trend for Choom Holdings'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.

Choom Holdings Change In Receivables Chart

Choom Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.23 -0.65 0.71 0.15

Choom Holdings Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 -0.10 0.19 0.10 -

Choom Holdings 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.19 Mil.

* 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.


Choom Holdings  (XCNQ:CHOO) 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.

Choom Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.04/4.215*91
=0.87

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

Choom Holdings's liquidation value for the quarter that ended in Dec. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.731-22.415+0.75 * 0.04+0.5 * 0.518
=-21.40

* 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.


Choom Holdings Change In Receivables Related Terms

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Choom Holdings (XCNQ:CHOO) Business Description

Traded in Other Exchanges
N/A
Address
1525 West 8th Avenue, Suite 208, Vancouver, BC, CAN, V6J 1T5
Choom Holdings Inc is a Canadian cannabis retailer. It sells products under the brand name Choom. The company has two primary business units, Retail Cannabis, and Patient Counselling. It generates maximum revenue from the Retail Cannabis segment.

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