Discover Wellness Solutions (XCNQ:WLNS) Change In Receivables : C$0.00 Mil (TTM As of Sep. 2021)

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What is Discover Wellness Solutions Change In Receivables?

Discover Wellness Solutions's change in receivables for the quarter that ended in Sep. 2021 was C$0.00 Mil. It means Discover Wellness Solutions's Accounts Receivable stayed the same from Jun. 2021 to Sep. 2021 .

Discover Wellness Solutions's change in receivables for the fiscal year that ended in Dec. 2020 was C$0.00 Mil. It means Discover Wellness Solutions's Accounts Receivable stayed the same from Dec. 2019 to Dec. 2020 .

Discover Wellness Solutions's Accounts Receivable for the quarter that ended in Sep. 2021 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. Discover Wellness Solutions's Days Sales Outstanding for the three months ended in Sep. 2021 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. Discover Wellness Solutions's liquidation value for the three months ended in Sep. 2021 was C$-1.86 Mil.

Discover Wellness Solutions Change In Receivables Historical Data

The historical data trend for Discover Wellness Solutions'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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Discover Wellness Solutions Change In Receivables Chart

Discover Wellness Solutions Annual Data

Trend

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Dec18

Dec19

Dec20

Change In Receivables

Discover Wellness Solutions Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Change In Receivables	Get a 7-Day Free Trial													-	-	-	-	-

Discover Wellness Solutions 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Discover Wellness Solutions (XCNQ:WLNS) 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.

Discover Wellness Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.002	*	91
=	0.00

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

Discover Wellness Solutions's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.055	-	1.916	+	0.75 * 0	+	0.5 * 0
=	-1.86

Discover Wellness Solutions Change In Receivables Related Terms

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Discover Wellness Solutions (XCNQ:WLNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Discover Wellness Solutions Inc (XCNQ:WLNS) » Definitions » Change In Receivables

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Address

707 5th Street SW, Suite 500, Calgary, AB, CAN, T2P 0Y3

Website

https://www.discoverwellness.solutions

Discover Wellness Solutions Inc is focused on the production, cultivation and sale of cannabis in various forms. The company through its wholly-owned subsidiary, Rocky Mountain Marijuana Inc, a late-stage applicant under the Cannabis Act. Rocky Mountain blends science with nature using aeroponic cultivation and CO2 extraction to produce high-purity, organic-quality cannabis products.

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