Kona Gold Beverage (Kona Gold Beverage) Change In Receivables : $0.03 Mil (TTM As of Sep. 2023)

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What is Kona Gold Beverage Change In Receivables?

Kona Gold Beverage's change in receivables for the quarter that ended in Sep. 2023 was $0.13 Mil. It means Kona Gold Beverage's Accounts Receivable declined by $0.13 Mil from Jun. 2023 to Sep. 2023 .

Kona Gold Beverage's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.20 Mil. It means Kona Gold Beverage's Accounts Receivable increased by $0.20 Mil from Dec. 2021 to Dec. 2022 .

Kona Gold Beverage's Accounts Receivable for the quarter that ended in Sep. 2023 was $-0.12 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. Kona Gold Beverage's Days Sales Outstanding for the three months ended in Sep. 2023 was -15.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kona Gold Beverage's liquidation value for the three months ended in Sep. 2023 was $-6.31 Mil.

Kona Gold Beverage Change In Receivables Historical Data

The historical data trend for Kona Gold Beverage'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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Kona Gold Beverage Change In Receivables Chart

Kona Gold Beverage Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.04

-0.08

0.07

0.02

-0.20

Kona Gold Beverage Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-0.03	-0.16	0.07	-	0.13

Kona Gold Beverage 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.03 Mil.

Kona Gold Beverage (OTCPK:KGKG) 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.

Kona Gold Beverage's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	-0.12	/	0.688	*	91
=	-15.92

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

Kona Gold Beverage's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.37	-	6.754	+	0.75 * -0.12	+	0.5 * 0.334
=	-6.31

Kona Gold Beverage Change In Receivables Related Terms

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Kona Gold Beverage (Kona Gold Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kona Gold Beverage Inc (OTCPK:KGKG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

746 North Drive, Suite A, Melbourne, FL, USA, 32934

Website

https://www.konagoldhemp.com

Kona Gold Beverage Inc is a United States-based lifestyle hemp company. The company specializes in developing hemp and CBD products in the functional beverage and fitness markets. The company focuses on the hemp energy drink, low-carb and low-calorie lemonade, and CBD water markets. It generates maximum revenue from retail products.

Executives

Lori A Radcliffe	officer: CFO	1356 GEM CIR, ROCKLEDGE FL 32955
Christopher Selinger	officer: VP OF SALES	11 BELLWOOD FARM LANE, GREENVILLE SC 29607
Matthew R Crystal	director	4937 PASADENA WAY, BROOMFIELD CO 80023
William Jeffrey Outlaw	director	8512 MEADOW VIEW LANE, BAHAMA NC 27503
Robert Clark	director, 10 percent owner, officer: CEO	7823 DESMOND AVE, MELBOURNE FL 32940