Juva Life (Juva Life) Accounts Receivable : $0.43 Mil (As of Mar. 2023)

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What is Juva Life Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Juva Life's accounts receivables for the quarter that ended in Mar. 2023 was $0.43 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Juva Life's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 22.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Juva Life's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.06.

Juva Life Accounts Receivable Historical Data

The historical data trend for Juva Life'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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Juva Life Accounts Receivable Chart

Juva Life Annual Data

Trend

Dec19

Dec20

Accounts Receivable

0.01

Juva Life Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Mar23
Accounts Receivable	Get a 7-Day Free Trial							0.06	0.19	0.28	0.10	0.43

Juva Life Accounts Receivable Calculation

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

Juva Life 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.

Juva Life's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.425	/	1.725	*	91
=	22.48

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

Juva Life's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(0.888	+	0.75 * 0.425	+	0.5 * 0.75	-	11.447
-	0	-	0)	/	164.071
=	-0.06

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.

Juva Life Accounts Receivable Related Terms

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Juva Life (Juva Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Juva Life Inc (OTCPK:JUVAF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

4VV:Germany JUVA:Canada

Address

885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8

Website

https://www.juvalife.com

Juva Life Inc business is to acquire, own, and operate various cannabis business in the state of California. The Company operates in two reportable segments i) the resale of merchandise and cannabis-derived products, and ii) cultivation and sale of trim and flowers.