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Copland Road Capital (XCNQ:CRCC) Change In Receivables : C$-0.07 Mil (TTM As of Mar. 2024)


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What is Copland Road Capital Change In Receivables?

Copland Road Capital's change in receivables for the quarter that ended in Mar. 2024 was C$-0.05 Mil. It means Copland Road Capital's Accounts Receivable increased by C$0.05 Mil from Dec. 2023 to Mar. 2024 .

Copland Road Capital's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.02 Mil. It means Copland Road Capital's Accounts Receivable increased by C$0.02 Mil from Dec. 2022 to Dec. 2023 .

Copland Road Capital's Accounts Receivable for the quarter that ended in Mar. 2024 was C$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. Copland Road Capital's liquidation value for the three months ended in Mar. 2024 was C$0.67 Mil.


Copland Road Capital Change In Receivables Historical Data

The historical data trend for Copland Road Capital'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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Copland Road Capital Change In Receivables Chart

Copland Road Capital Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 0.42 0.16 -0.01 -0.02

Copland Road Capital Quarterly Data
Apr19 Jul19 Oct19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 -0.08 0.07 -0.05

Copland Road Capital 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$-0.07 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.


Copland Road Capital  (XCNQ:CRCC) 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.

Copland Road Capital's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Copland Road Capital'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)
=0.696-0.03+0.75 * 0+0.5 * 0
=0.67

* 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.


Copland Road Capital Change In Receivables Related Terms

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Copland Road Capital (XCNQ:CRCC) Business Description

Traded in Other Exchanges
N/A
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Copland Road Capital Corp is an investment company. It focuses on making investments in the cannabis industry. It generates revenue from Retail and wholesale, which includes the sale of physical cannabis goods. The company discontinued all its operations.
Executives
Scott Kelly 10% Security Holder, Director

Copland Road Capital (XCNQ:CRCC) Headlines

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