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Bedrocan Cannabis (FRA:8BC) Accounts Receivable : €0.10 Mil (As of Apr. 2015)


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What is Bedrocan Cannabis Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bedrocan Cannabis's accounts receivables for the quarter that ended in Apr. 2015 was €0.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bedrocan Cannabis's Days Sales Outstanding for the quarter that ended in Apr. 2015 was 28.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bedrocan Cannabis's Net-Net Working Capital per share for the quarter that ended in Apr. 2015 was €-0.05.


Bedrocan Cannabis Accounts Receivable Historical Data

The historical data trend for Bedrocan Cannabis'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.

Bedrocan Cannabis Accounts Receivable Chart

Bedrocan Cannabis Annual Data
Trend Jan13 Jan14 Jan15
Accounts Receivable
0.23 - 0.06

Bedrocan Cannabis Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.60 0.06 0.10

Bedrocan Cannabis Accounts Receivable Calculation

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


Bedrocan Cannabis 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.

Bedrocan Cannabis's Days Sales Outstanding for the quarter that ended in Apr. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.103/0.33*91
=28.48

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

Bedrocan Cannabis's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2015 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)
=(1.772+0.75 * 0.103+0.5 * 0.262-5.345
-0-0)/72.48
=-0.05

* 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.


Bedrocan Cannabis Accounts Receivable Related Terms

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Bedrocan Cannabis (FRA:8BC) Business Description

Traded in Other Exchanges
N/A
Address
POCML 2 Inc is a capital pool company. The Company will not carry on any business other than the identification and evaluation of assets or businesses with a view to completing a proposed Qualifying Transaction.

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