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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Accounts Receivable : $0.00 Mil (As of Feb. 2023)


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What is Indigenous Bloom Hemp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Indigenous Bloom Hemp's accounts receivables for the quarter that ended in Feb. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Indigenous Bloom Hemp's Net-Net Working Capital per share for the quarter that ended in Feb. 2023 was $-0.03.


Indigenous Bloom Hemp Accounts Receivable Historical Data

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Accounts Receivable Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.01 0.03 - - -

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 - - - - -

Indigenous Bloom Hemp Accounts Receivable Calculation

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


Indigenous Bloom Hemp 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.

Indigenous Bloom Hemp's Days Sales Outstanding for the quarter that ended in Feb. 2023 is calculated as:

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

Indigenous Bloom Hemp's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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+0.75 * 0+0.5 * 0.129-2.47
-0-0)/71.136
=-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.


Indigenous Bloom Hemp Accounts Receivable Related Terms

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Indigenous Bloom Hemp (Indigenous Bloom Hemp) Business Description

Traded in Other Exchanges
N/A
Address
3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.