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Kaival Brands Innovations Group (Kaival Brands Innovations Group) Accounts Receivable : $0.74 Mil (As of Jan. 2024)


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What is Kaival Brands Innovations Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kaival Brands Innovations Group's accounts receivables for the quarter that ended in Jan. 2024 was $0.74 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kaival Brands Innovations Group's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 21.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kaival Brands Innovations Group's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-0.82.


Kaival Brands Innovations Group Accounts Receivable Historical Data

The historical data trend for Kaival Brands Innovations 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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Kaival Brands Innovations Group Accounts Receivable Chart

Kaival Brands Innovations Group Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial - 1.40 1.99 0.58 1.87

Kaival Brands Innovations Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 1.53 0.71 1.87 0.74

Kaival Brands Innovations Group Accounts Receivable Calculation

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


Kaival Brands Innovations 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.

Kaival Brands Innovations Group's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.744/3.212*91
=21.14

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

Kaival Brands Innovations Group'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)
=(0.591+0.75 * 0.744+0.5 * 2.058-4.522
-0.001-0)/2.863
=-0.82

* 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.


Kaival Brands Innovations Group Accounts Receivable Related Terms

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Kaival Brands Innovations Group (Kaival Brands Innovations Group) Business Description

Traded in Other Exchanges
N/A
Address
4460 Old Dixie Highway, Grant, FL, USA, 32949
Kaival Brands Innovations Group Inc is focused on growing and incubating innovative and profitable products. The company is engaged in the business of developing electronic nicotine delivery systems and related components. Its primary product includes Bidi Stick. The BIDI Stick comes in a variety of flavor options for adult cigarette smokers.
Executives
Stephen Alan Sheriff officer: COO & IRO 4460 OLD DIXIE HIGHWAY, GRANT-VALKARIA FL 32949
Thomas James Metzler officer: CFO, Treasurer and Secretary KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
James Patrick Cassidy director 14 SOUTH PACK SQUARE, SUITE 403, ASHEVILLE NC 28801
Barry Michael Hopkins director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
David Worner director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Mark L Thoenes officer: Interim CFO 7700 N.E. AMBASSADOR PL, PORTLAND OR 97220
George T. Chuang director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Nirajkumar Patel director, 10 percent owner, officer: CEO, CFO, President, Treasurer 4460 OLD DIXIE HIGHWAY,, GRANT FL 32949
Paul John Reuter director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Roger Brooks director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Carolyn Hanigan director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Eric Mosser director, 10 percent owner, officer: COO, Secretary 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Kaival Brands Innovations Group, Llc 10 percent owner 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Gmrz Holdings Llc 10 percent owner 780 RESERVOIR AVENUE, #123, CRANSTON RI 02910