Numinus Wellness (FRA:LR23) Accounts Receivable : €1.37 Mil (As of Feb. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Numinus Wellness Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Numinus Wellness's accounts receivables for the quarter that ended in Feb. 2024 was €1.37 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Numinus Wellness's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 36.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Numinus Wellness's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was €-0.00.

Numinus Wellness Accounts Receivable Historical Data

The historical data trend for Numinus Wellness'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.

Numinus Wellness Accounts Receivable Chart

Numinus Wellness Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Receivable

0.04

0.14

0.03

1.07

1.21

Numinus Wellness Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Receivable	Get a 7-Day Free Trial															1.35	1.17	1.21	1.20	1.37

Numinus Wellness Accounts Receivable Calculation

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

Numinus Wellness 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.

Numinus Wellness's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.372	/	3.455	*	91
=	36.24

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

Numinus Wellness's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=	(4.54	+	0.75 * 1.372	+	0.5 * 0	-	6.313
-	0	-	0)	/	320.552
=	-0.00

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.

Numinus Wellness Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Numinus Wellness's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Numinus Wellness (FRA:LR23) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Numinus Wellness Inc (FRA:LR23) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

NUMIF:USA NUMI:Canada

Address

801 - 33 Water Street, Vancouver, BC, CAN, V6B 1R4

Website

https://www.numinus.ca

Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.

Numinus Wellness (FRA:LR23) Headlines

No Headlines