YourWay Cannabis Brands (YourWay Cannabis Brands) Change In Receivables : $-3.47 Mil (TTM As of Sep. 2021)

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What is YourWay Cannabis Brands Change In Receivables?

YourWay Cannabis Brands's change in receivables for the quarter that ended in Sep. 2021 was $-0.78 Mil. It means YourWay Cannabis Brands's Accounts Receivable increased by $0.78 Mil from Jun. 2021 to Sep. 2021 .

YourWay Cannabis Brands's change in receivables for the fiscal year that ended in Dec. 2020 was $-1.49 Mil. It means YourWay Cannabis Brands's Accounts Receivable increased by $1.49 Mil from Dec. 2019 to Dec. 2020 .

YourWay Cannabis Brands's Accounts Receivable for the quarter that ended in Sep. 2021 was $4.98 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. YourWay Cannabis Brands's Days Sales Outstanding for the three months ended in Sep. 2021 was 31.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. YourWay Cannabis Brands's liquidation value for the three months ended in Sep. 2021 was $2.33 Mil.

YourWay Cannabis Brands Change In Receivables Historical Data

The historical data trend for YourWay Cannabis Brands'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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YourWay Cannabis Brands Change In Receivables Chart

YourWay Cannabis Brands Annual Data

Trend

Dec19

Dec20

Change In Receivables

-0.21

-1.49

YourWay Cannabis Brands Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Change In Receivables	Get a 7-Day Free Trial				-0.26	-1.25	-2.38	0.94	-0.78

YourWay Cannabis Brands 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 $-3.47 Mil.

YourWay Cannabis Brands (OTCPK:YOURF) 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.

YourWay Cannabis Brands's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.98	/	14.489	*	91
=	31.36

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

YourWay Cannabis Brands'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)
=	7.663	-	11.748	+	0.75 * 4.98	+	0.5 * 5.367
=	2.33

YourWay Cannabis Brands Change In Receivables Related Terms

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YourWay Cannabis Brands (YourWay Cannabis Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » YourWay Cannabis Brands Inc (OTCPK:YOURF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8

Website

https://www.hollistercannabisco.com

YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.