Kaival Brands Innovations Group (Kaival Brands Innovations Group) Change In Receivables : $3.24 Mil (TTM As of Jan. 2024)

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What is Kaival Brands Innovations Group Change In Receivables?

Kaival Brands Innovations Group's change in receivables for the quarter that ended in Jan. 2024 was $1.13 Mil. It means Kaival Brands Innovations Group's Accounts Receivable declined by $1.13 Mil from Oct. 2023 to Jan. 2024 .

Kaival Brands Innovations Group's change in receivables for the fiscal year that ended in Oct. 2023 was $3.97 Mil. It means Kaival Brands Innovations Group's Accounts Receivable declined by $3.97 Mil from Oct. 2022 to Oct. 2023 .

Kaival Brands Innovations Group's Accounts Receivable for the quarter that ended in Jan. 2024 was $0.74 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. Kaival Brands Innovations Group's Days Sales Outstanding for the three months ended in Jan. 2024 was 21.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kaival Brands Innovations Group's liquidation value for the three months ended in Jan. 2024 was $-2.34 Mil.

Kaival Brands Innovations Group Change In Receivables Historical Data

The historical data trend for Kaival Brands Innovations Group'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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Kaival Brands Innovations Group Change In Receivables Chart

Kaival Brands Innovations Group Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Receivables

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-1.42

-2.32

-2.15

3.97

Kaival Brands Innovations Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															1.86	-0.73	1.07	1.78	1.13

Kaival Brands Innovations Group 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.24 Mil.

Kaival Brands Innovations Group (NAS:KAVL) 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.

Kaival Brands Innovations Group's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.744	/	3.212	*	91
=	21.14

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

Kaival Brands Innovations Group's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.591	-	4.522	+	0.75 * 0.744	+	0.5 * 2.058
=	-2.34

Kaival Brands Innovations Group Change In Receivables Related Terms

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Kaival Brands Innovations Group (Kaival Brands Innovations Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Kaival Brands Innovations Group Inc (NAS:KAVL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

4460 Old Dixie Highway, Grant, FL, USA, 32949

Website

https://www.kaivalbrands.com

Kaival Brands Innovations Group Inc is focused on growing and incubating innovative and profitable products. The company is engaged in the business of developing electronic nicotine delivery systems and related components. Its primary product includes Bidi Stick. The BIDI Stick comes in a variety of flavor options for adult cigarette smokers.

Executives

Stephen Alan Sheriff	officer: COO & IRO	4460 OLD DIXIE HIGHWAY, GRANT-VALKARIA FL 32949
Thomas James Metzler	officer: CFO, Treasurer and Secretary	KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
James Patrick Cassidy	director	14 SOUTH PACK SQUARE, SUITE 403, ASHEVILLE NC 28801
Barry Michael Hopkins	director	KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
David Worner	director	KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Mark L Thoenes	officer: Interim CFO	7700 N.E. AMBASSADOR PL, PORTLAND OR 97220
George T. Chuang	director	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Nirajkumar Patel	director, 10 percent owner, officer: CEO, CFO, President, Treasurer	4460 OLD DIXIE HIGHWAY,, GRANT FL 32949
Paul John Reuter	director	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Roger Brooks	director	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Carolyn Hanigan	director	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Eric Mosser	director, 10 percent owner, officer: COO, Secretary	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Kaival Brands Innovations Group, Llc	10 percent owner	4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Gmrz Holdings Llc	10 percent owner	780 RESERVOIR AVENUE, #123, CRANSTON RI 02910