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Borealis Foods (Borealis Foods) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)


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What is Borealis Foods Change In Receivables?

Borealis Foods's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Borealis Foods's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Borealis Foods's change in receivables for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means Borealis Foods's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Borealis Foods's Accounts Receivable for the quarter that ended in Dec. 2023 was $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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Borealis Foods's liquidation value for the six months ended in Dec. 2023 was $-7.39 Mil.

Borealis Foods Change In Receivables Historical Data

The historical data trend for Borealis Foods'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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Borealis Foods Change In Receivables Chart

Borealis Foods Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
-0.77 -1.57 -

Borealis Foods Semi-Annual Data
Dec21 Dec22 Dec23
Change In Receivables -0.77 -1.57 -

Borealis Foods 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. 2023 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.

Borealis Foods  (NAS:BRLS) 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.

Borealis Foods's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

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

Borealis Foods's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.093-7.487+0.75 * 0+0.5 * 0
=-7.39

* 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.

Borealis Foods Change In Receivables Related Terms

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Borealis Foods (Borealis Foods) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Borealis Foods Inc (NAS:BRLS) » Definitions » Change In Receivables
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Address
1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5
Website
https://www.borealisfoods.com
Borealis Foods Inc is a food technology company that has developed high-quality, affordable, sustainable, and nutritious ready-to-eat meals. It is a mission-driven company committed to utilizing its products to help solve national and global food security and nutrition challenges. Its commitment to nutrition, affordability and sustainability reflects its goal of positively impacting both human life and the planet. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing advanced solutions to address global food challenges.

Borealis Foods (Borealis Foods) Headlines

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