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Cantourage Group SE (XTER:HIGH) Change In Receivables : €0.00 Mil (TTM As of Jun. 2023)


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What is Cantourage Group SE Change In Receivables?

Cantourage Group SE's change in receivables for the quarter that ended in Jun. 2023 was €0.00 Mil. It means Cantourage Group SE's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Cantourage Group SE's change in receivables for the fiscal year that ended in Dec. 2022 was €0.00 Mil. It means Cantourage Group SE's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

Cantourage Group SE's Accounts Receivable for the quarter that ended in Jun. 2023 was €3.07 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. Cantourage Group SE's Days Sales Outstanding for the six months ended in Jun. 2023 was 935.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cantourage Group SE's liquidation value for the six months ended in Jun. 2023 was €2.74 Mil.

Cantourage Group SE Change In Receivables Historical Data

The historical data trend for Cantourage Group SE'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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Cantourage Group SE Change In Receivables Chart

Cantourage Group SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Change In Receivables
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Cantourage Group SE Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23
Change In Receivables Get a 7-Day Free Trial - - - - -

Cantourage Group SE 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 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.

Cantourage Group SE  (XTER:HIGH) 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.

Cantourage Group SE's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.07/0.599*91
=935.35

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

Cantourage Group SE's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.173-0.738+0.75 * 3.07+0.5 * 0
=2.74

* 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.

Cantourage Group SE Change In Receivables Related Terms

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Cantourage Group SE (XTER:HIGH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cantourage Group SE (XTER:HIGH) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
HIGH:Germany
Address
Feurigstrasse 54, Berlin, DEU, 10827
Website
https://www.cantourage.com
Cantourage Group SE is a medical cannabis company. The company offers products in all relevant market segments: dried flowers, extracts, Dronabinol, and pharma-grade Cannabidiol.
Executives
Patrick Hoffmann Supervisory Board
Dr. Florian Kainzinger Supervisory Board
Dr. / Dr. Florian / Michael Kainzinger / Ruoff Supervisory Board
Dr. / Dr. Florian /michael Kainzinger / Ruoff Supervisory Board
Dr. / Herr Florian / Patrick Holzapfel / Hoffmann Supervisory Board
Dr. Florian Holzapfel Supervisory Board
Dr. Michael Ruoff Supervisory Board

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