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The Healing Co (The Healing Co) Accounts Receivable : $0.22 Mil (As of Sep. 2023)


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What is The Healing Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Healing Co's accounts receivables for the quarter that ended in Sep. 2023 was $0.22 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Healing Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 6.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Healing Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.20.


The Healing Co Accounts Receivable Historical Data

The historical data trend for The Healing Co's Accounts Receivable 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.

* Premium members only.

The Healing Co Accounts Receivable Chart

The Healing Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.16

The Healing Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable 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 - 0.41 0.50 0.16 0.22

The Healing Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


The Healing Co Accounts Receivable 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 receivables are being managed.

The Healing Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.222/3.091*91
=6.55

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), The Healing Co's accounts receivable are only considered to be worth 75% of book value:

The Healing Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.42+0.75 * 0.222+0.5 * 2.009-13.936
-0.001-0)/57.4749
=-0.20

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


The Healing Co Accounts Receivable Related Terms

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The Healing Co (The Healing Co) Business Description

Traded in Other Exchanges
N/A
Address
135 W 50th Street, 2nd Floor, New York, NY, USA, 10020
The Healing Co Inc is a health and wellness company that has identified the need for a change to healthcare, where conventional medicine and alternative healing can both be drawn on to provide a world of integrated healing encompassing conventional medicine and alternative medicine. The company has three operating segments which are E-commerce sales of health and wellness products, Sales of memberships to our wellness app, and Support for our licensed wellness experiences.
Executives
Steven John Barr director P.O. BOX 789, MOUNT VERNON OH 43050
Ameeth Sankaran director 6404 PEMBERTON DRIVE, DALLAS TX 75230
Kay Koplovitz director KOPLOVITZ & CO. LLC, 145 CENTRAL PARK WEST, APT 24C, NEW YORK NY 10023
Anabel Oelmann director C/O HAUSPLUS, HOHENZOLLERNDAMM 125/126, BERLIN 2M 14199
Simon Belsham director, officer: CEO, President 1101 GRAND STREET, APT. 302, HOBOKEN NJ 07030
Justin Figgins officer: CFO 81 ENNERDALE ROAD, RICHMOND SURREY X0 TW9 2DN
Wanja Oberhof 10 percent owner LINIENSTRASSE 86, BERLIN 2M 10119
Demetri Argyropoulos 10 percent owner 5940 SOUTH RAINBOW BLVD, SUITE 400/PMB 32031, LAS VEGAS NV 89118
Steven Bartlett director 7 CHAPPEL LOFTS, 10 BELMONT STREET, LONDON X0 NW18HH
Jeffrey Taylor director, 10 percent owner, officer: President/Secretary/Treasurer 711 S. CARSON STREET, CARSON CITY NV 89701