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Sprout Tiny Homes (Sprout Tiny Homes) Accounts Receivable : $0.13 Mil (As of Mar. 2023)


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What is Sprout Tiny Homes Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sprout Tiny Homes's accounts receivables for the quarter that ended in Mar. 2023 was $0.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sprout Tiny Homes's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 9.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sprout Tiny Homes's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.08.


Sprout Tiny Homes Accounts Receivable Historical Data

The historical data trend for Sprout Tiny Homes'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.

Sprout Tiny Homes Accounts Receivable Chart

Sprout Tiny Homes Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 - - - 0.16

Sprout Tiny Homes Quarterly Data
Dec06 Mar07 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.09 0.28 0.43 0.16 0.13

Sprout Tiny Homes Accounts Receivable Calculation

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


Sprout Tiny Homes 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.

Sprout Tiny Homes's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.127/1.252*91
=9.26

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

Sprout Tiny Homes's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.002+0.75 * 0.127+0.5 * 0-8.347
-0-0)/99.9247
=-0.08

* 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.


Sprout Tiny Homes Accounts Receivable Related Terms

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Sprout Tiny Homes (Sprout Tiny Homes) Business Description

Traded in Other Exchanges
N/A
Address
822 Hays Circle, Longmont, CO, USA, 80504
Sprout Tiny Homes Inc is in the business of designing, developing, and manufacturing the highest quality affordable housing for individual purchases or tiny/eco-home real estate developments. The company is also engaged in developing its real estate development projects for sustainable living communities. It provides consulting and custom design services to customers that engage the company to build homes.
Executives
J2 Family Lp director, 10 percent owner, officer: CEO 1507 CAPITAL AVENUE 101, PLANO TX 75074
John Edward Rea director, 10 percent owner, officer: CEO
Jaavbr Lp director, 10 percent owner, officer: COO 1507 CAPITAL AVENUE 101, PLANO TX 75074
Bruce Arthur Hall officer: CFO 836 BLUE JAY LANE, COPPELL TX 75019
J Kenneth Dunn director 13760 NOEL ROAD, SUITE 800, DALLAS TX 75229
John N Brobjorg officer: Corporate Controller 1467 LEMAY, SUITE 111, CARROLLTON TX 75007
Rea Brothers Ltd 10 percent owner PO BOX 770, ADDISON TX 77001-0770
Rea Capital Corp 10 percent owner PO BOX 770, ADDISON TX 75001-0770
Marketplace Crafters 10 percent owner PO BOX 770, ADDISON TX 77001-0770
Michael A Jenkins director 1221 RIVERBEND DRIVE SUITE 120, DALLAS TX 75247
Paul S Johnson director 10254 CARRYBACK CIRCLE, DALLAS TX 75229
Edward P Rea director, 10 percent owner
James A Rea director, 10 percent owner, officer: COO 644 QUAIL LANE, COPPELL TX 75019
James A Estill 10 percent owner C/O SYNNEX CORPORATION, 44201 NOBEL DRIVE, FREMONT CA 94538
Kevin L Dahlberg officer: SVP-Finance 7031 INWOOD ROAD, DALLAS TX 75209