BLEGD (Branded Legacy) Accounts Receivable: $0.02 Mil (As of Dec. 2021)


What is Branded Legacy Accounts Receivable?

Branded Legacy BLEGD Accounts Receivable is $0.02 Mil as of Dec. 2021.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Branded Legacy's accounts receivables for the quarter that ended in Dec. 2021 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Branded Legacy's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 174.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Branded Legacy's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $-8.83.

Branded Legacy 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.

Branded Legacy's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.021/0.011*91
=174.20

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

Branded Legacy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=(0.001+0.75 * 0.021+0.5 * 0.084-1.991
-0.001-0)/0.219
=-8.83

* 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.

Branded Legacy Accounts Receivable Related Terms

Branded Legacy Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Branded Legacy'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.

Branded Legacy Accounts Receivable Chart

Branded Legacy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.01 0.05 0.04 0.02

Branded Legacy Quarterly Data
Dec15 Dec16 Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.04 0.05 0.04 0.06 0.02

Branded Legacy 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 $0.02 Mil mean?
Branded Legacy (BLEGD) has a Accounts Receivable of $0.02 Mil as of Dec. 2021. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Branded Legacy and its competitors.
Is Branded Legacy's Accounts Receivable too high?
Branded Legacy's current Accounts Receivable is $0.02 Mil.
How does Branded Legacy's Accounts Receivable compare to UPDC and RIBT?
Branded Legacy's Accounts Receivable of $0.02 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 Branded Legacy and its competitors. Branded Legacy's current Accounts Receivable is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Branded Legacy stock overvalued right now?
Branded Legacy (BLEGD) has a current Accounts Receivable of $0.02 Mil. The current Accounts Receivable is $0.02 Mil. 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 Branded Legacy (BLEGD), the current Accounts Receivable is $0.02 Mil as of Dec. 2021. 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.

Branded Legacy Business Description

Address 751 North Drive, Suite 9, Melbourne, FL, USA, 32934
Branded Legacy Inc provides high-level strategic advisory and operational transformation services focused on complex research, clinical development, and data-intensive organizations. Branded Legacy specializes in supporting large-scale international research consortia, platform clinical trials, and institutional/government data science initiatives. The core operations center on diagnosing operational inefficiencies, redesigning legacy systems, and implementing transparent, high-impact solutions that deliver measurable results.