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Lifevantage (Lifevantage) Accounts Receivable : $2.3 Mil (As of Dec. 2023)


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What is Lifevantage Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lifevantage's accounts receivables for the quarter that ended in Dec. 2023 was $2.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lifevantage's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 4.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lifevantage's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.68.


Lifevantage Accounts Receivable Historical Data

The historical data trend for Lifevantage'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.

Lifevantage Accounts Receivable Chart

Lifevantage Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 2.61 2.93 3.34 1.61

Lifevantage 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 2.41 2.35 1.61 2.50 2.34

Lifevantage Accounts Receivable Calculation

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


Lifevantage 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.335/51.624*91
=4.13

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

Lifevantage'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)
=(17.331+0.75 * 2.335+0.5 * 14.972-35.375
-0-0)/12.88
=-0.68

* 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.


Lifevantage Accounts Receivable Related Terms

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Lifevantage (Lifevantage) Business Description

Traded in Other Exchanges
Address
3300 N. Triumph Boulevard, Suite 700, Lehi, UT, USA, 84043
Lifevantage Corp is engaged in the identification, research, development, and distribution of nutraceutical dietary supplements and skincare products. It offers products such as Protandim, a scientifically-validated dietary supplement; LifeVantage TrueScience, an anti-aging skincare product; Axio energy drink mixes; and PhysIQ, a weight management system, as well as Canine Health, a companion pet supplement formulated to combat oxidative stress in dogs. Geographically, its products are sold in the regions of the United States, Japan, Hong Kong, Australia, Canada, Philippines, Mexico, Thailand, the United Kingdom, and the Netherlands.
Executives
Darwin Lewis director 9785 S. MONROE STREET, SUITE 300, SANDY UT 84070
Michael A Beindorff director EXCLUSIVE RESORTS, LLC, 1530 16TH STREET, SUITE 500, DENVER CO 80202
Garry Paul Mauro director 6400 S. FIDDLER'S GREEN CIRCLE, SUITE 1970, GREENWOOD VILLAGE X1 80111
Sudbury Capital Fund, Lp other: See Footnote 1 136 OAK TRAIL, COPPELL TX 75019
Bradley Louis Radoff other: See Footnote 1 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Sudbury Capital Management, Llc other: See Footnote 1 136 OAK TRAIL, COPPELL TX 75019
Sudbury Holdings, Llc other: See Footnote 1 136 OAK TRAIL, COPPELL TX 75019
Sudbury Capital Gp, Lp other: See Footnote 1 136 OAK TRAIL, COPPELL TX 75019
Judd Dayton other: See Footnote 1 878 S. DENTON TAP RD., SUITE 220, COPPELL TX 75019
Family Foundation Radoff other: See Footnote 1 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Julie Boyster officer: Chief Marketing Officer 3300 N. TRIUMPH BLVD, SUITE 700, LEHI UT 84043
Kristen Cunningham officer: Chief Sales Officer 3300 N. TRIUMPH BLVD, SUITE 700, LEHI UT 84043
Cynthia Latham director 3300 N. TRIUMPH BLVD., SUITE 700, LEHI UT 84043
Carl Aure officer: Chief Financial Officer 3300 N. TRIUMPH BLVD., SUITE 700, LEHI UT 84043
Alissa Neufeld officer: General Counsel 3300 TRIUMPH BLVD, SUITE 700, LEHI UT 84043