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LIFD (LFTD Partners) Accounts Receivable : $2.36 Mil (As of Dec. 2024)


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What is LFTD Partners Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LFTD Partners's accounts receivables for the quarter that ended in Dec. 2024 was $2.36 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LFTD Partners's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 25.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LFTD Partners's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.08.


LFTD Partners Accounts Receivable Historical Data

The historical data trend for LFTD Partners'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.

LFTD Partners Accounts Receivable Chart

LFTD Partners Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 3.46 2.41 3.59 2.36

LFTD Partners Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.59 3.90 3.21 2.27 2.36

LFTD Partners Accounts Receivable Calculation

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


LFTD Partners 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.

LFTD Partners's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.359/8.48*91
=25.38

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

LFTD Partners's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2.147+0.75 * 2.359+0.5 * 9.316-9.811
-0-0)/14.823
=-0.08

* 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.


LFTD Partners Accounts Receivable Related Terms

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LFTD Partners Business Description

Traded in Other Exchanges
N/A
Address
14155 Pine Island Drive, Jacksonville, FL, USA, 32224
LFTD Partners Inc along with its subsidiaries manufactures and sales a variety of branded, hemp-derived, psychoactive and alternative lifestyle products, and of products involving nicotine, tobacco and marijuana. Its subsidiary is Lifted Made (Lifted), which manufactures and sells hemp-derived cannabinoids, psychoactive substances and other alternative lifestyle products, including nicotine products under its Urb Finest Flowers (Urb) brand. Products sold by Lifted include disposable vapes and cartridges, gummies, joints, blunts, and products containing ingredients, such as kanna, muscimol, ashwagandha and kava.
Executives
Gerard M. Jacobs director, 10 percent owner, officer: CEO 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Joshua A Bloom director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Richard Emmet Morrissy director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Warrender Robert Thomas Ii director PO BOX 4233, ANTIOCH IL 600002
Kevin J. Rocio director 31 N SUFFOLK LANE, LAKE FOREST IL 60045
Nicholas S. Warrender director 31 N SUFFOLK LANE, LAKE FOREST IL 60045
William C. Jacobs officer: CFO 301 MISSION DRIVE #383, NEW SMYRNA BEACH FL 32168
Thomas W. Hines director 748 FLINT TRAIL, CRYSTAL LAKE IL 60012
James Stephen Jacobs director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Roger S Greene director 3330 CAMINITO DANIELLA, DEL MAR CA 92014
Michael D Mccaffrey director 31 N. SUFFOLK LANE, LAKE FOREST IL 60045
Vincent J Mesolella director 300 N MANNHEIM ROAD, HILLSIDE IL 60162