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Boosh Plant-Based Brands (Boosh Plant-Based Brands) Accounts Receivable : $0.07 Mil (As of Dec. 2023)


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What is Boosh Plant-Based Brands Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Boosh Plant-Based Brands's accounts receivables for the quarter that ended in Dec. 2023 was $0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Boosh Plant-Based Brands's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 136.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Boosh Plant-Based Brands's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.03.


Boosh Plant-Based Brands Accounts Receivable Historical Data

The historical data trend for Boosh Plant-Based Brands'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.

Boosh Plant-Based Brands Accounts Receivable Chart

Boosh Plant-Based Brands Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Receivable
0.01 0.03 0.19 0.12

Boosh Plant-Based Brands Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.46 0.12 0.07 0.07 0.07

Boosh Plant-Based Brands Accounts Receivable Calculation

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


Boosh Plant-Based Brands 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.

Boosh Plant-Based Brands's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.069/0.046*91
=136.88

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

Boosh Plant-Based Brands's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.016+0.75 * 0.069+0.5 * 0.094-3.906
-0-0)/114.247
=-0.03

* 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.


Boosh Plant-Based Brands Accounts Receivable Related Terms

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Boosh Plant-Based Brands (Boosh Plant-Based Brands) Business Description

Traded in Other Exchanges
Address
176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5
Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.

Boosh Plant-Based Brands (Boosh Plant-Based Brands) Headlines

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