BON (Bon Natural Life) Accounts Receivable : $11.78 Mil (As of Sep. 2024)

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What is Bon Natural Life Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bon Natural Life's accounts receivables for the quarter that ended in Sep. 2024 was $11.78 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bon Natural Life's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 157.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bon Natural Life's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-2.05.

Bon Natural Life Accounts Receivable Historical Data

The historical data trend for Bon Natural Life'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.

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Bon Natural Life Accounts Receivable Chart

Bon Natural Life Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Accounts Receivable

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5.77

6.15

6.78

4.60

11.78

Bon Natural Life Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial								6.78	9.26	4.60	8.11	11.78

Bon Natural Life Accounts Receivable Calculation

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

Bon Natural Life 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.

Bon Natural Life's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.781	/	13.661	*	91
=	157.38

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

Bon Natural Life's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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)
=	(0.08	+	0.75 * 11.781	+	0.5 * 1.572	-	17.416
-	0	-	0.443)	/	3.971
=	-2.05

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.

Bon Natural Life Accounts Receivable Related Terms

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Bon Natural Life Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bon Natural Life Ltd (NAS:BON) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.69 Jinye Road, Room 601, Block C, Gazelle Valley, High-Tech Zone, Shaanxi, Xi’an, CHN, 710077

Website

https://www.bnlus.com

Bon Natural Life Ltd is engaged in the manufacturing of personal care ingredients, such as plants extracted fragrance compounds to perfume and fragrance manufacturers, natural health supplements such as powder drinks and bioactive food ingredient products mostly used as food additives and nutritional supplements. Xi'an App-Chem is devoted to providing high quality and competitive prices and a stable supply of products and services for the functional food, personal care, natural medicine and other industries. It provides these products and services for third party customers, as well as for its own proprietary brands. The company has its geographic presence in PRC and in Overseas. The company derives maximum revenue from Bioactive food ingredients.