Adamas One (Adamas One) Accounts Receivable : $0.35 Mil (As of Jun. 2023)

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What is Adamas One Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Adamas One's accounts receivables for the quarter that ended in Jun. 2023 was $0.35 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Adamas One's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 108.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Adamas One's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.31.

Adamas One Accounts Receivable Historical Data

The historical data trend for Adamas One'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.

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Adamas One Accounts Receivable Chart

Adamas One Annual Data

Trend

Sep20

Sep21

Sep22

Accounts Receivable

1.28

Adamas One Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Receivable	Get a 7-Day Free Trial						1.03	1.28	1.56	1.39	0.35

Adamas One Accounts Receivable Calculation

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

Adamas One 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.

Adamas One's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.346	/	0.291	*	91
=	108.50

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

Adamas One's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(0.651	+	0.75 * 0.346	+	0.5 * 1.146	-	9.364
-	0	-	0)	/	25.6678
=	-0.31

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.

Adamas One Accounts Receivable Related Terms

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Adamas One (Adamas One) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Adamas One Corp (NAS:JEWL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

17767 N. Perimeter Drive, Suite B115, Scottsdale, AZ, USA, 85255

Website

https://www.adamasone.com

Adamas One Corp is a high-tech diamond company that uses its proprietary technology to produce high-quality, single-crystal diamonds and diamond materials through a CVD process, which it refers to as Diamond Technology. It operates as a Lab-Grown Diamond manufacturer that produces single-crystal diamonds for gemstone and industrial applications. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond. The company's controlled manufacturing processes enable it to produce High-Quality, High Purity, High Volume, single-crystal colorless, near-colorless, and fancy-colored diamonds to suit a variety of industrial and gemstone applications.

Executives

John Grdina	director, officer: President and CEO	8340 E. RAINTREE DR. UNIT D, SCOTTSDALE AZ 85260
Gerald A Mcguire	officer: Chief Operating Officer	SCIO DIAMOND TECHNOLOGY CORPORATION, 411 UNIVERSITY RIDGE, STE D, GREENVILLE SC 29601
Alan B. Menkes	director	1160 DAIRY ASHFORD RD, STE 160, HOUSTON TX 77079
Paul Vassilakos	director	180 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
Thierry J Chaunu	director	17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85255
George C Chien	director	17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85225
Steven Staehr	officer: Chief Financial Officer	9449 SCIENCE CENTER DRIVE, NEW HOPE MN 55428
Pubco, Llc	10 percent owner	10645 N. TATUM BLVD., PHOENIX AZ 85028