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Sow Good (Sow Good) Accounts Receivable : $2.94 Mil (As of Mar. 2024)


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What is Sow Good Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sow Good's accounts receivables for the quarter that ended in Mar. 2024 was $2.94 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sow Good's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 23.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sow Good's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.52.


Sow Good Accounts Receivable Historical Data

The historical data trend for Sow Good'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.

Sow Good Accounts Receivable Chart

Sow Good Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.19 2.58

Sow Good 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 0.01 0.73 1.39 2.58 2.94

Sow Good Accounts Receivable Calculation

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


Sow Good 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.935/11.406*91
=23.48

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

Sow Good'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)
=(6.815+0.75 * 2.935+0.5 * 5.138-15.003
-0-0)/6.57556
=-0.52

* 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.


Sow Good Accounts Receivable Related Terms

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


Sow Good (Sow Good) Business Description

Traded in Other Exchanges
N/A
Address
1440 N Union Bower Road, Irving, TX, USA, 75061
Sow Good Inc is engaged in manufacturing and marketing freeze-dried snacks, smoothies, and soups.
Executives
Joe Mueller director 6927 ALTAMONTE DRIVE, ROGERS AR 72758
Ira Goldfarb director, 10 percent owner, officer: Executive Chairman (1) 1918 N. OLIVE ST, DALLAS TX 75201
Brad Berman director, 10 percent owner C/O LAKES ENTERTAINMENT, INC., 130 CHESHIRE LANE, MINNETONKA MN 55305
Claudia Goldfarb director, 10 percent owner, officer: Chief Executive Officer (2) 1918 N. OLIVE STREET, APT. 3302, DALLAS TX 75201
Lyle Berman director, 10 percent owner 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Timothy James Creed director 3418 GOLF CLUB LN., NASHVILLE TN 37215
Brad Burke officer: Interim CFO 4049 PURDUE AVE, DALLAS TX 77225
Chris Ludeman director 6154 PARK LANE, DALLAS TX 75225
Greg Creed director 1441 GARDINER LANE, LOUISVILLE KY 40213
S-fdf, Llc 10 percent owner 1440 N. UNION BOWER RD., IRVIN TX 75061
Benjamin S Oehler director 10275 WAYZATA BLVD. SUITE 100, MINNETONKA MN 55305
Joseph J Lahti director 2975 SOMERSET LANE, LONG LAKE MN 55356
Kenneth Decubellis officer: Chief Executive Officer 10275 WAYZATA BOULEVARD, SUITE 310, MINNETONKA MN 55305
Neil I Sell 10 percent owner 3300 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402
Michael Eisele officer: Chief Operating Officer 10275 WAYZATA BOULEVARD, MINNETONKA MN 55305