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Happy Belly Food Group (STU:W3J) Accounts Receivable : €0.18 Mil (As of Dec. 2023)


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What is Happy Belly Food Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Happy Belly Food Group's accounts receivables for the quarter that ended in Dec. 2023 was €0.18 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Happy Belly Food Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 19.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Happy Belly Food Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.03.


Happy Belly Food Group Accounts Receivable Historical Data

The historical data trend for Happy Belly Food Group'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.

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Happy Belly Food Group Accounts Receivable Chart

Happy Belly Food Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 0.02 0.06 0.04 0.07 0.18

Happy Belly Food Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.26 0.07 0.07 0.27 0.18

Happy Belly Food Group Accounts Receivable Calculation

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


Happy Belly Food Group 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.

Happy Belly Food Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.18/0.84*91
=19.55

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

Happy Belly Food Group'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)
=(1.079+0.75 * 0.18+0.5 * 0.148-4.384
-0-0.111)/110.504
=-0.03

* 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.


Happy Belly Food Group Accounts Receivable Related Terms

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Happy Belly Food Group (STU:W3J) Business Description

Traded in Other Exchanges
Address
1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Happy Belly Food Group Inc is a quick-serve restaurant and consumer packaged goods wellness company bringing delicious foods and retail brands to customers. The Company has two operating segments which are Consumer product goods and Quick restaurant services. The consumer product goods currently consist of two brands namely, Holy Crap which produces and sells breakfast cereal and related food products, and Lumber Heads which produces and sells snack foods. The Company operates a number of plant-based restaurants namely Yamchops, Heal Lifestyle, and Lettuce Love.

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