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Cannabiz Mobile (Cannabiz Mobile) Accounts Receivable : $0.00 Mil (As of . 20)


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What is Cannabiz Mobile Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cannabiz Mobile's accounts receivables for the quarter that ended in . 20 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. Cannabiz Mobile's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.


Cannabiz Mobile Accounts Receivable Historical Data

The historical data trend for Cannabiz Mobile'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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Cannabiz Mobile Accounts Receivable Chart

Cannabiz Mobile Annual Data
Trend
Accounts Receivable

Cannabiz Mobile Quarterly Data
Accounts Receivable

Cannabiz Mobile Accounts Receivable Calculation

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


Cannabiz Mobile 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.

Cannabiz Mobile's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Cannabiz Mobile's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Cannabiz Mobile Accounts Receivable Related Terms

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Cannabiz Mobile (Cannabiz Mobile) Business Description

Traded in Other Exchanges
N/A
Address
3445 Lawrence Avenue, Oceanside, NY, USA, 11572
Cannabiz Mobile Inc is a mobile media and marketing company. It is engaged in servicing businesses in the medical marijuana industry. The company markets a subscription-based, in the cloud, mobile media solution to care givers, dispensaries, hydroponic, and others.

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