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SmartKem's change in receivables for the quarter that ended in Mar. 2024 was $0.07 Mil. It means SmartKem's Accounts Receivable declined by $0.07 Mil from Dec. 2023 to Mar. 2024 .
SmartKem's change in receivables for the fiscal year that ended in Dec. 2023 was $0.33 Mil. It means SmartKem's Accounts Receivable declined by $0.33 Mil from Dec. 2022 to Dec. 2023 .
SmartKem's Accounts Receivable for the quarter that ended in Mar. 2024 was $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. SmartKem's liquidation value for the three months ended in Mar. 2024 was $4.05 Mil.
The historical data trend for SmartKem'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.
SmartKem Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Change In Receivables | 0.53 | -0.09 | -0.25 | 0.33 |
SmartKem Quarterly Data | ||||||||||||||||
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 | -0.18 | 1.02 | -0.16 | -0.34 | 0.07 |
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 $0.58 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.
SmartKem (NAS:SMTK) 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.
SmartKem'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 | / | 0 | * | 91 |
= |
2. In Ben Graham's calculation of liquidation value, SmartKem's accounts receivable are only considered to be worth 75% of book value:
SmartKem'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) |
= | 7.251 | - | 3.202 | + | 0.75 * 0 | + | 0.5 * 0 |
= | 4.05 |
* 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.
Thank you for viewing the detailed overview of SmartKem's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Sriram Krishnamurthy Peruvemba | director | 12251 TOLUCA DRIVE, SAN RAMON CA 94583 |
Nigel Prue | officer: Chief Accounting Officer | C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ |
Steven Denbaars | director | 9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078 |
Simon P. King | director | C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ |
Barbra Keck | director | C/O DELCATH SYSTEMS, INC., 600 FIFTH AVENUE, NEW YORK NY 10020 |
Robert Bahns | director, officer: Chief Financial Officer | C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ |
Boer Klaas De | director | C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ |
Ian Jenks | director, officer: Chairman & CEO | C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ |
Simon Ogier | officer: Chief Technology Officer | C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ |
Beverley Brown | officer: Chief Scientist | C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ |
Mark N. Tompkins | other: Former Director and 10% Owner | APP. 1, VIA GUIDINO 23, LUGANO-PARADISO V8 6900 |
Entrepreneurs Fund Lp | 10 percent owner | 2ND FLOOR, WINDWARD HOUSE, LA ROUTE DE LA LIBERATION, ST. HELIER Y9 JE2 3BQ |
Entrepreneurs Fund General Partner Ltd | 10 percent owner | 2ND FLOOR WINWARD HOUSE, LA ROUTE DE LA LIBERATION, ST. HELIER Y9 JE2 3BQ |
Ian Seth Jacobs | other: Former Officer and Director | 2255 GLADES RD., SUITE 324A, BOCA RATON FL 33431 |
Octopus Titan Vct Plc | 10 percent owner | 33 HOBORN, LONDON X0 EC1N 2HT |
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