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Integrated Cannabis Solutions (Integrated Cannabis Solutions) Accounts Receivable : $0.00 Mil (As of Sep. 2022)


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What is Integrated Cannabis Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Integrated Cannabis Solutions's accounts receivables for the quarter that ended in Sep. 2022 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Integrated Cannabis Solutions's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.00.


Integrated Cannabis Solutions Accounts Receivable Historical Data

The historical data trend for Integrated Cannabis Solutions'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.

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Integrated Cannabis Solutions Accounts Receivable Chart

Integrated Cannabis Solutions Annual Data
Trend Dec20 Dec21
Accounts Receivable
- -

Integrated Cannabis Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Integrated Cannabis Solutions Accounts Receivable Calculation

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


Integrated Cannabis Solutions 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.

Integrated Cannabis Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

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

Integrated Cannabis Solutions's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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+0.75 * 0+0.5 * 0-1.374
-0-0)/1683.32
=-0.00

* 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.


Integrated Cannabis Solutions Accounts Receivable Related Terms

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Integrated Cannabis Solutions (Integrated Cannabis Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1300 N. Florida Mango Road, Site 30, West Palm Beach, FL, USA, 33409
Integrated Cannabis Solutions Inc is a developmental stage company actively engaged in evaluating investment opportunities for early-stage ventures at the crossroads of the rapidly growing fintech and medical/recreational marijuana industries.
Executives
Eugene Caiazzo director, officer: CEO, President 1300 N FLORIDA MANGO RD., STE. 30, WEST PALM BEACH FL 33409