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Stevia (Stevia) Accounts Receivable : $0.26 Mil (As of Dec. 2014)


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What is Stevia Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Stevia's accounts receivables for the quarter that ended in Dec. 2014 was $0.26 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Stevia's Days Sales Outstanding for the quarter that ended in Dec. 2014 was 93.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Stevia's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was $-0.01.

Stevia Accounts Receivable Historical Data

The historical data trend for Stevia'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.

Stevia Accounts Receivable Chart

Stevia Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Accounts Receivable
Get a 7-Day Free Trial - - - 0.16 0.67

Stevia Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 0.67 0.15 0.34 0.26

Stevia Accounts Receivable Calculation

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

Stevia 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.

Stevia's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.261/0.255*91
=93.40

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

Stevia's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 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)
=(1.42+0.75 * 0.261+0.5 * 0-4.147
-0--0.367)/198.239
=-0.01

* 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.

Stevia Accounts Receivable Related Terms

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Stevia (Stevia) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Stevia Corp (OTCPK:STEV) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
72 Adelhaide Lane, East Islip, NY, USA, 11730
Website
https://www.realhemp.com
Stevia Corp is a Farm Management company. The company invests in research and development and IP acquisition and manages its propagation, nursery, and plantations. Its primary business activities include plant breeding and propagation, farming, extraction and refining, product formulation, and distribution and retail. It also provides services to contract growers and other industry growers. The company is focused on the commercial development of products that support a healthy lifestyle, including stevia and hemp and their compounds.