KONEF (Wellbeing Digital Sciences) Accounts Receivable: $0.66 Mil (As of Apr. 2022)

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What is Wellbeing Digital Sciences Accounts Receivable?

Wellbeing Digital Sciences KONEF -90.00% Accounts Receivable is $0.66 Mil as of Apr. 2022.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wellbeing Digital Sciences's accounts receivables for the quarter that ended in Apr. 2022 was $0.66 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wellbeing Digital Sciences's Days Sales Outstanding for the quarter that ended in Apr. 2022 was 46.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wellbeing Digital Sciences's Net-Net Working Capital per share for the quarter that ended in Apr. 2022 was $-0.10.

Wellbeing Digital Sciences 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.

Wellbeing Digital Sciences's Days Sales Outstanding for the quarter that ended in Apr. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.65847736786511/1.2872240299403*91
=46.68

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

Wellbeing Digital Sciences's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(0.3211572317202+0.75 * 0.65847736786511+0.5 * 0-13.128552873518
-0-0)/123.502
=-0.10

* 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.

Wellbeing Digital Sciences Accounts Receivable Related Terms

Wellbeing Digital Sciences Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Wellbeing Digital Sciences'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.

Wellbeing Digital Sciences Accounts Receivable Chart

Wellbeing Digital Sciences Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Accounts Receivable
0.00 0.00 0.00 0.00 0.53

Wellbeing Digital Sciences Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22
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 0.00 0.00 0.33 0.50 0.66

Wellbeing Digital Sciences 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 $0.66 Mil mean?
Wellbeing Digital Sciences (KONEF) has a Accounts Receivable of $0.66 Mil as of Apr. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Wellbeing Digital Sciences and its competitors.
Is Wellbeing Digital Sciences' Accounts Receivable too high?
Wellbeing Digital Sciences' current Accounts Receivable is $0.66 Mil.
How does Wellbeing Digital Sciences' Accounts Receivable compare to SPIN and RHE?
Wellbeing Digital Sciences' Accounts Receivable of $0.66 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Accounts Receivable depends on the Healthcare Providers & Services 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 Wellbeing Digital Sciences and its competitors. Wellbeing Digital Sciences's current Accounts Receivable is $0.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellbeing Digital Sciences stock overvalued right now?
Wellbeing Digital Sciences (KONEF) has a current Accounts Receivable of $0.66 Mil. The current Accounts Receivable is $0.66 Mil. 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 Wellbeing Digital Sciences (KONEF), the current Accounts Receivable is $0.66 Mil as of Apr. 2022. 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.

Wellbeing Digital Sciences Business Description

Address 275 Dundas Street, Unit A1605, London, ON, CAN, N6B 3L1
Wellbeing Digital Sciences Inc is a next-generation wellness company focused on ketamine-assisted therapy and psychedelic medicines. It operates healthcare clinics across North America, helping clients access plant medicines, psychedelics, and mental health care that have the potential to heal them of their physical or emotional pain.