APPB (Applied Biosciences) Accounts Receivable: $0.08 Mil (As of Dec. 2019)

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APPB Applied Biosciences Corp APPB
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What is Applied Biosciences Accounts Receivable?

Applied Biosciences APPB 12 Accounts Receivable is $0.08 Mil as of Dec. 2019. GuruFocus rates APPB 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. Applied Biosciences's accounts receivables for the quarter that ended in Dec. 2019 was $0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Applied Biosciences's Days Sales Outstanding for the quarter that ended in Dec. 2019 was 40.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Applied Biosciences's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was $-0.22.


Applied Biosciences 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.

Applied Biosciences's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.076/0.17*91
=40.79

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

Applied Biosciences's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 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)
=(0.021+0.75 * 0.076+0.5 * 0.102-2.28
-0-0.908)/14.101
=-0.22

* 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.


Applied Biosciences Accounts Receivable Related Terms


Applied Biosciences Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Applied Biosciences'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.

Applied Biosciences Accounts Receivable Chart

Applied Biosciences Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Accounts Receivable
0.00 0.00 0.00 0.01 0.01

Applied Biosciences Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.02 0.16 0.07 0.07 0.08
APPB
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Applied Biosciences Corp APPB
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Applied Biosciences 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 $0.08 Mil mean?
Applied Biosciences (APPB) has a Accounts Receivable of $0.08 Mil as of Dec. 2019. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Applied Biosciences and its competitors.
Is Applied Biosciences' Accounts Receivable too high?
Applied Biosciences' current Accounts Receivable is $0.08 Mil. Overall, Applied Biosciences has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Applied Biosciences' Accounts Receivable compare to CNABQ and OWCP?
Applied Biosciences' Accounts Receivable of $0.08 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 Applied Biosciences and its competitors. Applied Biosciences's current Accounts Receivable is $0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Biosciences stock overvalued right now?
Applied Biosciences (APPB) has a current Accounts Receivable of $0.08 Mil. The current Accounts Receivable is $0.08 Mil. Applied Biosciences' 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 Applied Biosciences (APPB), the current Accounts Receivable is $0.08 Mil as of Dec. 2019. 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.

Applied Biosciences Business Description

Address 112 North Curry Street, 18th Floor, Carson, NY, USA, 89703
Applied Biosciences Corp is a vertically integrated company focused on the development and commercialization of novel, science-driven, synthetic cannabinoid therapeutics / biopharmaceuticals that target the endocannabinoid system to treat a wide-range of diseases across multiple therapeutic areas. The company also deliver high-quality consumer and OTC THC-free CBD products that promote overall health and wellbeing as well as state-of-the-art testing and analytics capabilities to its customers.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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