SWMBRD Sports (XCNQ:SWIM) Change In Receivables: C$0.01 Mil (TTM As of Nov. 2023)

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What is SWMBRD Sports Change In Receivables?

SWMBRD Sports XCNQ:SWIM Change In Receivables is C$0.01 Mil as of Nov. 2023.

SWMBRD Sports's change in receivables for the quarter that ended in Nov. 2023 was C$0.01 Mil. It means SWMBRD Sports's Accounts Receivable declined by C$0.01 Mil from Aug. 2023 to Nov. 2023 .

SWMBRD Sports's change in receivables for the fiscal year that ended in Feb. 2023 was C$0.00 Mil. It means SWMBRD Sports's Accounts Receivable declined by C$0.00 Mil from Feb. 2022 to Feb. 2023 .

SWMBRD Sports's Accounts Receivable for the quarter that ended in Nov. 2023 was C$0.00 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. SWMBRD Sports's Days Sales Outstanding for the three months ended in Nov. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SWMBRD Sports's liquidation value for the three months ended in Nov. 2023 was C$-0.74 Mil.

SWMBRD Sports  (XCNQ:SWIM) 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.

SWMBRD Sports's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.004*91
=0.00

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

SWMBRD Sports's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.001-0.778+0.75 * 0+0.5 * 0.078
=-0.74

* 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.

SWMBRD Sports Change In Receivables Related Terms

SWMBRD Sports Change In Receivables Historical Data

* Premium members only.

The historical data trend for SWMBRD Sports'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.

SWMBRD Sports Change In Receivables Chart

SWMBRD Sports Annual Data
Trend Feb21 Feb22 Feb23
Change In Receivables
-0.01 0.00 0.00

SWMBRD Sports Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.00 -0.00 0.01

SWMBRD Sports 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of C$0.01 Mil mean?
SWMBRD Sports (XCNQ:SWIM) has a Change In Receivables of C$0.01 Mil as of Nov. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SWMBRD Sports and its competitors.
Is SWMBRD Sports' Change In Receivables too high?
SWMBRD Sports' current Change In Receivables is C$0.01 Mil.
How does SWMBRD Sports' Change In Receivables compare to MAT and HAS?
SWMBRD Sports' Change In Receivables of C$0.01 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Travel & Leisure company?
A good Change In Receivables depends on the Travel & Leisure industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SWMBRD Sports and its competitors. SWMBRD Sports's current Change In Receivables is C$0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWMBRD Sports stock overvalued right now?
SWMBRD Sports (XCNQ:SWIM) has a current Change In Receivables of C$0.01 Mil. The current Change In Receivables is C$0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For SWMBRD Sports (XCNQ:SWIM), the current Change In Receivables is C$0.01 Mil as of Nov. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SWMBRD Sports Business Description

Address 777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4
SWMBRD Sports Inc is a sporting goods company focused on developing, manufacturing, marketing, and selling aquatic sports products in the sporting goods and outdoor recreation industries.