OrganiGram Holdings (TSX:OGI) Change In Receivables : C$-10.4 Mil (TTM As of Mar. 2024)

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What is OrganiGram Holdings Change In Receivables?

OrganiGram Holdings's change in receivables for the quarter that ended in Mar. 2024 was C$-9.2 Mil. It means OrganiGram Holdings's Accounts Receivable increased by C$9.2 Mil from Dec. 2023 to Mar. 2024 .

OrganiGram Holdings's change in receivables for the fiscal year that ended in Aug. 2021 was C$-6.0 Mil. It means OrganiGram Holdings's Accounts Receivable increased by C$6.0 Mil from Aug. 2020 to Aug. 2021 .

OrganiGram Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was C$25.4 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. OrganiGram Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OrganiGram Holdings's liquidation value for the three months ended in Mar. 2024 was C$73.9 Mil.

OrganiGram Holdings Change In Receivables Historical Data

The historical data trend for OrganiGram Holdings'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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OrganiGram Holdings Change In Receivables Chart

OrganiGram Holdings Annual Data

Trend

Apr12

Apr13

Apr14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Change In Receivables

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-2.45

0.34

-13.13

1.79

-6.01

OrganiGram Holdings Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															10.92	-7.30	-1.38	0.18	-9.24

OrganiGram Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-10.4 Mil.

OrganiGram Holdings (TSX:OGI) 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.

OrganiGram Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	25.433	/	37.628	*	91
=	61.68

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

OrganiGram Holdings's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	73.128	-	59.981	+	0.75 * 25.433	+	0.5 * 83.264
=	73.9

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OrganiGram Holdings (TSX:OGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » OrganiGram Holdings Inc (TSX:OGI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

OGI:USA 0OG0:Germany

Address

145 King Street West, Suite 1400, Toronto, ON, CAN, M5H 1J8

Website

https://www.organigram.ca

OrganiGram Holdings Inc is engaged in producing indoor-grown cannabis for patients and adult recreational consumers in Canada. The company has also developed a portfolio of adult-use recreational cannabis brands including Edison, Big Bag o' Buds, SHRED, Monjour, Holy Mountain, and Trailblazer. Tremblant Cannabis, and artisanal craft brand, Laurentian are recent additions to Organigram's existing brand portfolio.

Executives

Donald Geoffrey Machum

Director