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Grey Wolf Animal Health (TSXV:WOLF) Change In Receivables : C$0.03 Mil (TTM As of Mar. 2024)


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What is Grey Wolf Animal Health Change In Receivables?

Grey Wolf Animal Health's change in receivables for the quarter that ended in Mar. 2024 was C$-0.51 Mil. It means Grey Wolf Animal Health's Accounts Receivable increased by C$0.51 Mil from Dec. 2023 to Mar. 2024 .

Grey Wolf Animal Health's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.26 Mil. It means Grey Wolf Animal Health's Accounts Receivable declined by C$0.26 Mil from Dec. 2022 to Dec. 2023 .

Grey Wolf Animal Health's Accounts Receivable for the quarter that ended in Mar. 2024 was C$2.20 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. Grey Wolf Animal Health's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grey Wolf Animal Health's liquidation value for the three months ended in Mar. 2024 was C$-3.25 Mil.


Grey Wolf Animal Health Change In Receivables Historical Data

The historical data trend for Grey Wolf Animal Health'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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Grey Wolf Animal Health Change In Receivables Chart

Grey Wolf Animal Health Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
0.55 -0.83 0.26

Grey Wolf Animal Health Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 0.30 -0.13 0.37 -0.51

Grey Wolf Animal Health 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$0.03 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.


Grey Wolf Animal Health  (TSXV:WOLF) 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.

Grey Wolf Animal Health's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.203/6.047*91
=33.24

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

Grey Wolf Animal Health'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)
=5.642-12.947+0.75 * 2.203+0.5 * 4.815
=-3.25

* 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.


Grey Wolf Animal Health Change In Receivables Related Terms

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Grey Wolf Animal Health (TSXV:WOLF) Business Description

Traded in Other Exchanges
N/A
Address
65 Front St. E., Suite 201, Toronto, CAN, M5E 1B5
Grey Wolf Animal Health Corp operates as an animal health company. It focuses on improving the lives and well-being of vets and pets in Canada.
Executives
Shawn Douglas Aspden Director