Bettermoo(d) Food (Bettermoo(d) Food) Accounts Receivable : $0.01 Mil (As of Jan. 2024)

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What is Bettermoo(d) Food Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bettermoo(d) Food's accounts receivables for the quarter that ended in Jan. 2024 was $0.01 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. Bettermoo(d) Food's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-0.08.

Bettermoo(d) Food Accounts Receivable Historical Data

The historical data trend for Bettermoo(d) Food'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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Bettermoo(d) Food Accounts Receivable Chart

Bettermoo(d) Food Annual Data

Trend

Dec11

Dec12

Dec13

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Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Receivable

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0.01

Bettermoo(d) Food Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Oct22	Jan23	Apr23	Oct23	Jan24
Accounts Receivable	Get a 7-Day Free Trial															-	0.10	0.01	0.16	0.01

Bettermoo(d) Food Accounts Receivable Calculation

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

Bettermoo(d) Food 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.

Bettermoo(d) Food's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.005	/	0	*	91
=

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

Bettermoo(d) Food's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=	(0.019	+	0.75 * 0.005	+	0.5 * 0.032	-	0.705
-	0	-	0.002)	/	7.9921
=	-0.08

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.

Bettermoo(d) Food Accounts Receivable Related Terms

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Bettermoo(d) Food (Bettermoo(d) Food) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bettermoo(d) Food Corp (OTCPK:MOOOF) » Definitions » Accounts Receivable

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0I5A:Germany MOOO:Canada

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

https://www.bettermoo.com

Bettermoo(d) Food Corp is a Nut-based dairy alternative company driven by the motto What A Cow Eats and A Human Needs. Based in Vancouver, It offers plant-based dairy alternatives infused with a proprietary blend of herbs and environmentally conscious and vegan food. Its products comprise plant-based Buetter (Butter), Moogurt (Yogurt), Cheese, Ice Cream, Sour Cream, and Creme Fraiche. The company is focused on delivering high-quality products through online and in-store retail platforms. It utilizes social media to deliver educational experiences for its customer base while demonstrating - pioneering beverage technologies.