HCANF (Halo Collective) Accounts Receivable: $1.71 Mil (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HCANF Halo Collective Inc HCANF
12 GF Score
Price $0.00
View Full Analysis

What is Halo Collective Accounts Receivable?

Halo Collective HCANF -99.00% 12 Accounts Receivable is $1.71 Mil as of Jun. 2023. GuruFocus rates HCANF with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Halo Collective's accounts receivables for the quarter that ended in Jun. 2023 was $1.71 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Halo Collective's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 43.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Halo Collective's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.09.

Halo Collective 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.

Halo Collective's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.707/3.569*91
=43.64

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

Halo Collective's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(1.262+0.75 * 1.707+0.5 * 10.453-24.456
-0--3.238)/150.810
=-0.09

* 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.

Halo Collective Accounts Receivable Related Terms

Halo Collective Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Halo Collective'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.

Halo Collective Accounts Receivable Chart

Halo Collective Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 5.60 1.79 6.07 2.72

Halo Collective Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 4.71 5.17 2.72 1.77 1.71
HCANF
12GF Score
Halo Collective Inc HCANF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Halo Collective 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 $1.71 Mil mean?
Halo Collective (HCANF) has a Accounts Receivable of $1.71 Mil as of Jun. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Halo Collective and its competitors.
Is Halo Collective's Accounts Receivable too high?
Halo Collective's current Accounts Receivable is $1.71 Mil. Overall, Halo Collective has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Halo Collective's Accounts Receivable compare to INLB and BGPPF?
Halo Collective's Accounts Receivable of $1.71 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 Halo Collective and its competitors. Halo Collective's current Accounts Receivable is $1.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halo Collective stock overvalued right now?
Halo Collective (HCANF) has a current Accounts Receivable of $1.71 Mil. The current Accounts Receivable is $1.71 Mil. Halo Collective's overall GF Score™ is 12/100. 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 Halo Collective (HCANF), the current Accounts Receivable is $1.71 Mil as of Jun. 2023. 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.

Halo Collective Business Description

Address 550 Burrard Street, Suite 2300, Vancouver, BC, CAN, V6C 2B5
Halo Collective Inc is a cannabis extraction company. It is engaged in manufacturing cannabis oil and concentrates and distributing cannabis products for recreational use in the states of Oregon, Nevada and California.
12GF Score

Get the complete analysis for HCANF

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price