Healthier Choices Management (Healthier Choices Management) Change In Receivables : $-0.08 Mil (TTM As of Mar. 2024)

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What is Healthier Choices Management Change In Receivables?

Healthier Choices Management's change in receivables for the quarter that ended in Mar. 2024 was $-0.04 Mil. It means Healthier Choices Management's Accounts Receivable increased by $0.04 Mil from Dec. 2023 to Mar. 2024 .

Healthier Choices Management's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.09 Mil. It means Healthier Choices Management's Accounts Receivable increased by $0.09 Mil from Dec. 2022 to Dec. 2023 .

Healthier Choices Management's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.17 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. Healthier Choices Management's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Healthier Choices Management's liquidation value for the three months ended in Mar. 2024 was $-17.99 Mil.

Healthier Choices Management Change In Receivables Historical Data

The historical data trend for Healthier Choices Management'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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Healthier Choices Management Change In Receivables Chart

Healthier Choices Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.06

0.04

-0.01

-0.03

-0.09

Healthier Choices Management Quarterly Data
	Jun19	Sep19	Dec19	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															-0.05	0.01	-0.04	-0.01	-0.04

Healthier Choices Management 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 $-0.08 Mil.

Healthier Choices Management (OTCPK:HCMC) 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.

Healthier Choices Management's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.166	/	15.894	*	91
=	0.95

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

Healthier Choices Management'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)
=	3.905	-	24.108	+	0.75 * 0.166	+	0.5 * 4.177
=	-17.99

Healthier Choices Management Change In Receivables Related Terms

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Healthier Choices Management (Healthier Choices Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Healthier Choices Management Corp (OTCPK:HCMC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3800 North 28th Way, Hollywood, FL, USA, 33020

Website

https://www.healthiercmc.com

Healthier Choices Management Corp is a United States-based holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. It offers Ada's Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins, and supplements, Paradise Health & Nutrition's three stores offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat, and seafood, Mother Earth's Storehouse, is a two-store organic and health food and vitamin chain, and Greens Natural Foods offers organic produce and all-natural, non-GMO groceries & bulk foods. The operating segments of the company are Grocery and Vapor. Grocery segments account for the majority of its revenue.

Executives

Clifford J. Friedman	director	5018 NW102 DRIVE, CORAL SPRINGS FL 33076
Anthony Panariello	director	3214 SW 53RD COURT, HOLLYWOOD FL 33321
John Ollet	officer: Chief Financial Officer	3800 NORTH 28TH WAY, HOLLYWOOD FL 33020
Christopher Santi	officer: President and COO	3001 GRIFFIN RD, DANIA BEACH FL 33312
Jeffrey Elliot Holman	officer: Chief Executive Officer	3341 N.E. 165TH STREET, NORTH MIAMI BEACH FL 33160
Gina Hicks	officer: Chief Financial Officer	3001 GRIFFIN ROAD, DANIA BEACH FL 33312
Nik Raman	director	171 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
William C Conway	director	3001 GRIFFIN ROAD, DANIA BEACH FL 33312
Daniel Maclachlan	director	2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
James Joseph Martin	officer: Chief Financial Officer	4400 BISCAYNE BLVD, SUITE # 670, MIAMI FL 33157
Gregory Brauser	director, officer: President	4400 BISCAYNE BLVD #850, MIAMI FL 33137
Robert Swayman	director	5022 NW 102 DRIVE, CORAL SPRINGS FL 33076
Angela Courtin	director	3101 COLBY AVENEUE, LOS ANGELES CA 90066
Frank E Jaumot	director	190 SE 19TH AVENUE, POMPANO BEACH FL 33060
Barrett Robert J Iii	director	2075 REGENTS BLVD, WEST PALM BEACH FL 33409