Healthy Extracts (Healthy Extracts) Accounts Receivable : $0.02 Mil (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Healthy Extracts Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Healthy Extracts's accounts receivables for the quarter that ended in Mar. 2024 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Healthy Extracts's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 3.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Healthy Extracts's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.53.

Healthy Extracts Accounts Receivable Historical Data

The historical data trend for Healthy Extracts'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.

Healthy Extracts Accounts Receivable Chart

Healthy Extracts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

0.03

0.01

0.13

0.11

0.03

Healthy Extracts Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															0.14	0.12	0.11	0.03	0.02

Healthy Extracts Accounts Receivable Calculation

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

Healthy Extracts 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.

Healthy Extracts's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.024	/	0.689	*	91
=	3.18

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

Healthy Extracts's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(0.087	+	0.75 * 0.024	+	0.5 * 1.553	-	2.453
-	0	-	0)	/	2.96391
=	-0.53

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.

Healthy Extracts Accounts Receivable Related Terms

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

Healthy Extracts (Healthy Extracts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Healthy Extracts Inc (OTCPK:HYEX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7375 Commercial Way, Suite 125, Henderson, NV, USA, 89011

Website

https://www.healthyextractsinc.com

Healthy Extracts Inc through its subsidiaries is engaged in proprietary research and development of natural plant-based formulations, manufacturing, sales, and distribution of cardiovascular and neuro products that provide natural brain solutions. The company also provides superfruit supplements to support overall cholesterol and cardiovascular health. Its products are distributed in the United States and Mexico. The company's operating segment includes Health Supplements and Corporate. It generates maximum revenue from the Health Supplements segment.

Executives

Robert Michael Madden	officer: Chief Financial Officer	5269 SOUTH ALVERA CIR, SALT LAKE CITY UT 84117
Croyle William Russell Jr	director	1 SILVERMOUND, LITTLETON CO 80127
Kevin Pitts	10 percent owner, officer: President	3664 CHRISTY RIDGE RD., SEDALIA CO 80135
Sanjeevkumar Ratanshi Javia	director, officer: President	7161 E. RANCHO VISTA DRIVE, SUITE 3008, SCOTTSDALE AZ 85251
Patrick Stiles	director, 10 percent owner, officer: President, CEO	10300 W. CHARLESTON, LAS VEGAS NV 89135
Joseph Nejman	director, 10 percent owner, officer: President	555 BRYANT ST., SUITE 555, PALO ALTO CA 94301
William C Bossung	director, 10 percent owner, officer: CFO and Secretary	10300 W. CHARLESTON BLVD., STE. 13-378, LAS VEGAS NV 89135
Brian J Dunn	director, 10 percent owner	7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Fred Covely	director, 10 percent owner, officer: President and CEO	1508 GRANDVIEW RD., VISTA CA 92084