AquaBounty Technologies (AquaBounty Technologies) Accounts Receivable

: $1.22 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AquaBounty Technologies's accounts receivables for the quarter that ended in Dec. 2023 was $1.22 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AquaBounty Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 200.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AquaBounty Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.26.

AquaBounty Technologies Accounts Receivable Historical Data

The historical data trend for AquaBounty Technologies'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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AquaBounty Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.34

1.22

AquaBounty Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																0.34	-	-	0.61	1.22

AquaBounty Technologies Accounts Receivable Calculation

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

AquaBounty Technologies 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.

AquaBounty Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.217	/	0.553	*	91
=	200.82

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

AquaBounty Technologies'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)
=	(8.204	+	0.75 * 1.217	+	0.5 * 1.734	-	22.535
-	0	-	0)	/	3.84702
=	-3.26

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.

AquaBounty Technologies Accounts Receivable Related Terms

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AquaBounty Technologies (AquaBounty Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AquaBounty Technologies Inc (NAS:AQB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754

Website

https://www.aquabounty.com

AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.

Executives

Melbourne David Francis Jr	officer: President	2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Gail Sharps Myers	director	13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Christine St.clare	director	405 EAGLEVIEW BLVD., EXTON PA 19341
Erin S Sharp	director	THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Michael K Stern	director	800 N. LINDBERGH BLVD, A3SA, ST LOUIS MO 63167
Ricardo J Alvarez	director	2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Sylvia Wulf	director, officer: CEO & Director	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
David A Frank	officer: See Remarks	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Alana Czypinski	director	1881 GROVE AVENUE, RADFORD VA 24141
Randal J Kirk	10 percent owner	1881 GROVE AVENUE, RADFORD VA 24141
Angela M Olsen	officer: General Counsel & Corp Sec	C/O AQUABOUNTY TECHNOLOGIES, INC., 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Richard L Huber	director	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Rick L. Sterling	director	20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Turk James C Jr	director	TWO CLOCK TOWER PLACE, SUITE 395, MAYNARD MA 01745
Theodore John Fisher	director	1881 GROVE AVENUE, RADFORD VA 24141