Delota (XCNQ:NIC) Change In Receivables : C$-0.27 Mil (TTM As of Oct. 2023)

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What is Delota Change In Receivables?

Delota's change in receivables for the quarter that ended in Oct. 2023 was C$0.11 Mil. It means Delota's Accounts Receivable declined by C$0.11 Mil from Jul. 2023 to Oct. 2023 .

Delota's change in receivables for the fiscal year that ended in Jan. 2023 was C$-0.79 Mil. It means Delota's Accounts Receivable increased by C$0.79 Mil from Jan. 2022 to Jan. 2023 .

Delota's Accounts Receivable for the quarter that ended in Oct. 2023 was C$1.52 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. Delota's Days Sales Outstanding for the three months ended in Oct. 2023 was 17.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Delota's liquidation value for the three months ended in Oct. 2023 was C$-8.94 Mil.

Delota Change In Receivables Historical Data

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

Delota Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Jan20

Jan21

Jan22

Jan23

Change In Receivables

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0.04

-0.46

-0.79

Delota Quarterly Data
	Dec18	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Change In Receivables	Get a 7-Day Free Trial															0.60	-0.37	0.15	-0.16	0.11

Delota 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.27 Mil.

Delota (XCNQ:NIC) 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.

Delota's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.517	/	8.087	*	91
=	17.12

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

Delota's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.905	-	12.384	+	0.75 * 1.517	+	0.5 * 2.798
=	-8.94

Delota Change In Receivables Related Terms

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Delota (XCNQ:NIC) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Delota Corp (XCNQ:NIC) » Definitions » Change In Receivables

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Address

7941 Jane Street, Unit 2, Concord, ON, CAN, L4K 2M7

Website

http://www.delota.com

Delota Corp is a cannabis and nicotine retailer. The company is engaged in developing retail cannabis and nicotine brands in Canada by growing its retail footprint and developing retail banners. Delota's current retail banners include Offside Cannabis and 180 Smoke.