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Farmhouse (Farmhouse) Accounts Receivable : $0.00 Mil (As of Sep. 2023)


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What is Farmhouse Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Farmhouse's accounts receivables for the quarter that ended in Sep. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Farmhouse's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 30.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Farmhouse's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.11.


Farmhouse Accounts Receivable Historical Data

The historical data trend for Farmhouse'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.

Farmhouse Accounts Receivable Chart

Farmhouse Annual Data
Trend Dec00 Dec01 Apr03 Apr04 Apr05 Apr06 Apr07 Dec20 Dec21 Dec22
Accounts Receivable
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Farmhouse Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Mar08 Jun08 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 - - 0.01 -

Farmhouse Accounts Receivable Calculation

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


Farmhouse 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.

Farmhouse's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.002/0.006*91
=30.42

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

Farmhouse's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.005+0.75 * 0.002+0.5 * 0-1.9
-0-0)/17.076
=-0.11

* 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.


Farmhouse Accounts Receivable Related Terms

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Farmhouse (Farmhouse) Business Description

Traded in Other Exchanges
N/A
Address
548 Market Street, Suite 90355, San Francisco, CA, USA, 94104
Farmhouse Inc is a platform provider to the regulated cannabis industry. Its core product is the WeedClub social network platform, which allows its members to digitally network with actual vetted cannabis industry stakeholders. It serves a wide range of areas within the professional cannabis and hemp industries, such as licensed growers, dispensers, laboratories, distributors, investors, accountants, lawyers, consultants, and others.

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