ALEAF (Aleafia Health) Accounts Receivable: $2.94 Mil (As of Mar. 2023)

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ALEAF Aleafia Health Inc ALEAF
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What is Aleafia Health Accounts Receivable?

Aleafia Health ALEAF -99.00% 12 Accounts Receivable is $2.94 Mil as of Mar. 2023. GuruFocus rates ALEAF with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aleafia Health's accounts receivables for the quarter that ended in Mar. 2023 was $2.94 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aleafia Health's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 39.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aleafia Health's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.10.

Aleafia Health 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.

Aleafia Health's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.935/6.865*91
=39.01

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

Aleafia Health'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)
=(0.391+0.75 * 2.935+0.5 * 13.892-50.309
-0-0)/403.164
=-0.10

* 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.

Aleafia Health Accounts Receivable Related Terms

Aleafia Health Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Aleafia Health'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.

Aleafia Health Accounts Receivable Chart

Aleafia Health Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Oct17 Dec18 Dec19 Dec20 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.66 3.68 7.27 2.94

Aleafia Health Quarterly Data
Oct17 Jan18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 6.49 8.15 5.79 4.14 2.94
ALEAF
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Aleafia Health Inc ALEAF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aleafia Health Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $2.94 Mil mean?
Aleafia Health (ALEAF) has a Accounts Receivable of $2.94 Mil as of Mar. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Aleafia Health and its competitors.
Is Aleafia Health's Accounts Receivable too high?
Aleafia Health's current Accounts Receivable is $2.94 Mil. Overall, Aleafia Health has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Aleafia Health's Accounts Receivable compare to ZTS and CTLT?
Aleafia Health's Accounts Receivable of $2.94 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Drug Manufacturers company?
A good Accounts Receivable depends on the Drug Manufacturers industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Aleafia Health and its competitors. Aleafia Health's current Accounts Receivable is $2.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aleafia Health stock overvalued right now?
Aleafia Health (ALEAF) has a current Accounts Receivable of $2.94 Mil. The current Accounts Receivable is $2.94 Mil. Aleafia Health's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Aleafia Health (ALEAF), the current Accounts Receivable is $2.94 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aleafia Health Business Description

Address 85 Basaltic Road, Concord, ON, CAN, L4K 1G4
Aleafia Health Inc is a vertically integrated cannabis health and wellness company which owns three cannabis product and cultivation facilities where it produces a diverse portfolio of commercially high-margin derivative products including oils, capsules and sprays.
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