Planet Based Foods Global (XCNQ:PBF) Change In Receivables : C$-0.03 Mil (TTM As of Sep. 2023)

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What is Planet Based Foods Global Change In Receivables?

Planet Based Foods Global's change in receivables for the quarter that ended in Sep. 2023 was C$0.00 Mil. It means Planet Based Foods Global's Accounts Receivable declined by C$0.00 Mil from Jun. 2023 to Sep. 2023 .

Planet Based Foods Global's change in receivables for the fiscal year that ended in Dec. 2022 was C$-0.36 Mil. It means Planet Based Foods Global's Accounts Receivable increased by C$0.36 Mil from Dec. 2021 to Dec. 2022 .

Planet Based Foods Global's Accounts Receivable for the quarter that ended in Sep. 2023 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. Planet Based Foods Global's Days Sales Outstanding for the three months ended in Sep. 2023 was 45.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Planet Based Foods Global's liquidation value for the three months ended in Sep. 2023 was C$-1.20 Mil.

Planet Based Foods Global Change In Receivables Historical Data

The historical data trend for Planet Based Foods Global'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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Planet Based Foods Global Change In Receivables Chart

Planet Based Foods Global Annual Data

Trend

Dec21

Dec22

Change In Receivables

0.02

-0.36

Planet Based Foods Global Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-	-0.33	0.26	0.04	-

Planet Based Foods Global 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.03 Mil.

Planet Based Foods Global (XCNQ:PBF) 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.

Planet Based Foods Global's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.038	/	0.076	*	91
=	45.63

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

Planet Based Foods Global's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	1.426	+	0.75 * 0.038	+	0.5 * 0.387
=	-1.20

Planet Based Foods Global Change In Receivables Related Terms

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Planet Based Foods Global (XCNQ:PBF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Planet Based Foods Global Inc (XCNQ:PBF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PBFFF:USA AZ00:Germany

Address

1055 West Hastings Street, Suite 2250, Vancouver, BC, CAN, V6E 2E9

Website

https://www.planetbasedfoods.com

Planet Based Foods Global Inc is focused on producing natural, low processed, and nutritional choices that are better for people and the planet. The Company currently offers vegan meat alternatives derived from hemp proteins including burgers, breakfast sausages, burger crumbles, and sausage crumbles.