GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Good Shroom Co Inc (OTCPK:TGSHF) » Definitions » Accounts Receivable

The Good Shroom Co (The Good Shroom Co) Accounts Receivable : $0.52 Mil (As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is The Good Shroom Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Good Shroom Co's accounts receivables for the quarter that ended in Jan. 2024 was $0.52 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Good Shroom Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 69.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Good Shroom Co's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $0.00.


The Good Shroom Co Accounts Receivable Historical Data

The historical data trend for The Good Shroom Co'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.

The Good Shroom Co Accounts Receivable Chart

The Good Shroom Co Annual Data
Trend Jul21 Jul22 Jul23
Accounts Receivable
0.07 0.18 0.40

The Good Shroom Co Quarterly Data
Mar20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.50 0.40 0.62 0.52

The Good Shroom Co Accounts Receivable Calculation

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


The Good Shroom Co 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.

The Good Shroom Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.524/0.691*91
=69.20

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

The Good Shroom Co's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.264+0.75 * 0.524+0.5 * 0.4-0.811
-0-0)/50.4747
=0.00

* 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.


The Good Shroom Co Accounts Receivable Related Terms

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


The Good Shroom Co (The Good Shroom Co) Business Description

Comparable Companies
Traded in Other Exchanges
Address
324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5
The Good Shroom Co Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The Teo Nan brand is a functional mushroom beverage range serving the American and Canadian wellness market via DTC and retail; The Nordique Royale is a premium quality hash; and The Velada brand is a range of CBD-infused functional mushroom beverages serving the Canadian legal cannabis market.

The Good Shroom Co (The Good Shroom Co) Headlines

No Headlines