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HFactor (HFactor) Accounts Receivable : $0.03 Mil (As of Sep. 2023)


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What is HFactor Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HFactor's accounts receivables for the quarter that ended in Sep. 2023 was $0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HFactor's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 17.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HFactor's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.12.


HFactor Accounts Receivable Historical Data

The historical data trend for HFactor'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.

HFactor Accounts Receivable Chart

HFactor Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial - - - 0.08 0.12

HFactor 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 0.16 0.12 0.28 0.05 0.03

HFactor Accounts Receivable Calculation

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


HFactor 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.033/0.171*91
=17.61

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

HFactor'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)
=(0.125+0.75 * 0.033+0.5 * 0.409-6.317
-0-0)/50.4674
=-0.12

* 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.


HFactor Accounts Receivable Related Terms

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HFactor (HFactor) Business Description

Traded in Other Exchanges
N/A
Address
244 Madison Avenue, Suite 1249, New York, NY, USA, 10016
HFactor Inc operates through its wholly-owned subsidiary, engages in the purchase, development, and operation of growing space and related facilities, and leasing the facilities to marijuana growers and dispensary owners.
Executives
Joseph J Meuse director, 10 percent owner 211 FALMOUTH STREET, WARRENTON VA 20186
Belmont Partners, Llc director, officer: Director 360 MAIN STREET, P.O. BOX 393, WASHINGTON VA 22747
John R Signorello 10 percent owner 205 VAN BUREN STREET, SUITE 420, HERNDON VA 20170
Bluepoint Financial, Llc 10 percent owner 4126 LEONARD DRIVE, FAIRFAX VA 22030
Robert J Druzak director, 10 percent owner, officer: President and CEO 670 EDGEBROOK LN, WEST PALM BEACH FL 33411
Elizabeth Crews other: Former Director CFO 10% Owner 6726 N. RIVER SHORE DRIVE, TAMPA FL 33604
Head William G Iii director P.O. BOX 6692, RALEIGH NC 27628

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