GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Neptune Wellness Solutions Inc (OTCPK:NEPTF) » Definitions » Accounts Receivable
中文

Neptune Wellness Solutions (Neptune Wellness Solutions) Accounts Receivable : $3.89 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Neptune Wellness Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Neptune Wellness Solutions's accounts receivables for the quarter that ended in Dec. 2023 was $3.89 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Neptune Wellness Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 46.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Neptune Wellness Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-9.99.


Neptune Wellness Solutions Accounts Receivable Historical Data

The historical data trend for Neptune Wellness Solutions'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.

Neptune Wellness Solutions Accounts Receivable Chart

Neptune Wellness Solutions Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 6.23 6.10 6.99 5.70

Neptune Wellness Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.92 5.70 5.98 4.59 3.89

Neptune Wellness Solutions Accounts Receivable Calculation

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


Neptune Wellness Solutions 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.

Neptune Wellness Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.893/7.6*91
=46.74

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

Neptune Wellness Solutions'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)
=(1.251+0.75 * 3.893+0.5 * 9.616-75.248
-0--20.974)/4.53204
=-9.99

* 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.


Neptune Wellness Solutions Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Neptune Wellness Solutions's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Neptune Wellness Solutions (Neptune Wellness Solutions) Business Description

Traded in Other Exchanges
Address
545 Promenade du Centropolis, Suite 100, Laval, QC, CAN, H7T 0A3
Neptune Wellness Solutions Inc is a consumer-packaged goods company that aims to innovate health and wellness products. It focuses on developing a portfolio of high-quality, affordable consumer products that align with the latest market trends for natural, sustainable, plant-based and purpose-driven lifestyle brands. The company's products are available in more than 27,000 retail locations and include well-known organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. With its efficient and adaptable manufacturing and supply chain infrastructure, the company can quickly respond to consumer demand, and introduce new products through retail partners and e-commerce channels.
Executives
Neptune Securities Settlement Fund 10 percent owner C/O POMERANTZ LLP, 10 S. LASALLE ST., SUITE 3505, CHICAGO IL 60603
Raymond Silcock officer: Chief Financial Officer 399 JEFFERSON ROAD, PARSIPPANY NJ 07054
Philip H Sanford director C/O CHATTEM INC, 1715 WEST 38TH STREET, CHATTANOOGA TN 37409
John Wirt officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Michael Cammarata director, officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Randy Weaver officer: Chief Financial Officer 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Jessica Adkins officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Cecil Demorris Brown officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Joseph Buaron director 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Julie Phillips director 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Ronald Denis director 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Emily Fletty officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Geus Michael De director 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Blumont Capital Corp 10 percent owner 70 UNIVERSITY AVENUE, SUITE 1200, TORONTO A6 M5J 2M4