Medical Marijuana (Medical Marijuana) Change In Receivables : $-0.34 Mil (TTM As of Dec. 2017)

View and export this data going back to 2011. Start your Free Trial

What is Medical Marijuana Change In Receivables?

Medical Marijuana's change in receivables for the quarter that ended in Dec. 2017 was $-0.34 Mil. It means Medical Marijuana's Accounts Receivable increased by $0.34 Mil from Dec. 2016 to Dec. 2017 .

Medical Marijuana's change in receivables for the fiscal year that ended in Dec. 2017 was $-0.34 Mil. It means Medical Marijuana's Accounts Receivable increased by $0.34 Mil from Dec. 2016 to Dec. 2017 .

Medical Marijuana's Accounts Receivable for the quarter that ended in Dec. 2017 was $0.11 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. Medical Marijuana's Days Sales Outstanding for the six months ended in Dec. 2017 was 0.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Medical Marijuana's liquidation value for the six months ended in Dec. 2017 was $-11.15 Mil.

Medical Marijuana Change In Receivables Historical Data

The historical data trend for Medical Marijuana'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.

* Premium members only.

Medical Marijuana Change In Receivables Chart

Medical Marijuana Annual Data

Trend

Dec09

Dec10

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Change In Receivables

Get a 7-Day Free Trial

-2.38

-7.41

-0.55

1.98

-0.34

Medical Marijuana Semi-Annual Data
	Dec09	Dec10	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Change In Receivables	Get a 7-Day Free Trial			-2.38	-7.41	-0.55	1.98	-0.34

Medical Marijuana 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2017 was $-0.34 Mil.

Medical Marijuana (OTCPK:MJNA) 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.

Medical Marijuana's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.106	/	26.523	*	91
=	0.73

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

Medical Marijuana's liquidation value for the quarter that ended in Dec. 2017 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.294	-	15.451	+	0.75 * 0.106	+	0.5 * 3.856
=	-11.15

Medical Marijuana Change In Receivables Related Terms

Thank you for viewing the detailed overview of Medical Marijuana's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Medical Marijuana (Medical Marijuana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medical Marijuana Inc (OTCPK:MJNA) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

2384 La Mirada Drive, Vista, CA, USA, 92081

Website

https://www.medicalmarijuanainc.com

Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.