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Future Farm Technologies (Future Farm Technologies) Accounts Receivable : $0.08 Mil (As of Nov. 2019)


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What is Future Farm Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Future Farm Technologies's accounts receivables for the quarter that ended in Nov. 2019 was $0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Future Farm Technologies's Days Sales Outstanding for the quarter that ended in Nov. 2019 was 10.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Future Farm Technologies's Net-Net Working Capital per share for the quarter that ended in Nov. 2019 was $-0.03.


Future Farm Technologies Accounts Receivable Historical Data

The historical data trend for Future Farm Technologies'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.

Future Farm Technologies Accounts Receivable Chart

Future Farm Technologies Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.07 0.33 0.57

Future Farm Technologies Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 0.46 0.57 0.48 0.24 0.08

Future Farm Technologies Accounts Receivable Calculation

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


Future Farm Technologies 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.

Future Farm Technologies's Days Sales Outstanding for the quarter that ended in Nov. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.081/0.694*91
=10.65

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

Future Farm Technologies's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(0.025+0.75 * 0.081+0.5 * 1.255-6.464
-0--0.004)/170.813
=-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.


Future Farm Technologies Accounts Receivable Related Terms

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Future Farm Technologies (Future Farm Technologies) Business Description

Traded in Other Exchanges
N/A
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.
Executives
Michael C Withrow director, 10 percent owner, officer: CEO SUITE 1040 - 885 WEST GEORGIA STREET VANCOUVER A1 V6C 3E8
Brayden R Sutton director 44486 MONTE VISTA DRIVE CHILLIWACK A1 V2R 5T2

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