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NetBrands (NetBrands) Accounts Receivable : $0.01 Mil (As of Mar. 2024)


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What is NetBrands Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NetBrands's accounts receivables for the quarter that ended in Mar. 2024 was $0.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NetBrands's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.11.


NetBrands Accounts Receivable Historical Data

The historical data trend for NetBrands'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.

NetBrands Accounts Receivable Chart

NetBrands Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 0.05 0.14 0.18 0.06 0.01

NetBrands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.17 0.05 - 0.01 0.01

NetBrands Accounts Receivable Calculation

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


NetBrands 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.

NetBrands's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.005/0*91
=

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

NetBrands's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(0.042+0.75 * 0.005+0.5 * 0-2.14
-0-0)/18.2271
=-0.11

* 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.


NetBrands Accounts Receivable Related Terms

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NetBrands (NetBrands) Business Description

Traded in Other Exchanges
N/A
Address
4042 Austin Boulevard, Suite B Island Park, New York, NY, USA, 11558
NetBrands Corp operates as a global diversified holdings company through several divisions. One of its divisions markets and sells multi-line consumer packaged goods (CPG) with branded product lines on a global basis. Another division acquires e-commerce assets as well as private businesses in various verticals and scales them up.
Executives
Paul Adler director, 10 percent owner, officer: President, Secretary and CEO 4042 AUSTIN BOULEVARD SUITE B, ISLAND PARK NY 11558
David Natan director 11190 BISCAYNE BLVD, MIAMI FL 33181
Michael Cascione director 1309 SHELBOURNE AVE, MAMARONECK NY 10543
Sandra G. Williams director 122 SCHOOL ST., FRAMINGHAM MA 01701
James Curtis Donegan director 6080 S. CHESTER WAY, GREENWOOD VILLAGE CO 80111
James M Cassidy other: frmer dir., officer: 5% sh 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop other: frmer dir., officer: 5% sh 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212