MVRK (Maverick Lifestyle) Accounts Receivable: $0.20 Mil (As of Sep. 2024)

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What is Maverick Lifestyle Accounts Receivable?

Maverick Lifestyle MVRK Accounts Receivable is $0.20 Mil as of Sep. 2024.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Maverick Lifestyle's accounts receivables for the quarter that ended in Sep. 2024 was $0.20 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Maverick Lifestyle's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 21.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Maverick Lifestyle's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.14.


Maverick Lifestyle 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.

Maverick Lifestyle's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.201/0.844*91
=21.73

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

Maverick Lifestyle's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.155+0.75 * 0.201+0.5 * 0.751-11.542
-0-0)/9.557
=-1.14

* 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.


Maverick Lifestyle Accounts Receivable Related Terms


Maverick Lifestyle Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Accounts Receivable Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.22 0.07 0.12 0.04

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.15 0.18 0.04 0.16 0.20

Maverick Lifestyle 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 $0.20 Mil mean?
Maverick Lifestyle (MVRK) has a Accounts Receivable of $0.20 Mil as of Sep. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Accounts Receivable too high?
Maverick Lifestyle's current Accounts Receivable is $0.20 Mil.
How does Maverick Lifestyle's Accounts Receivable compare to ?
Maverick Lifestyle's Accounts Receivable of $0.20 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Accounts Receivable depends on the Tobacco Products 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 Maverick Lifestyle and its competitors. Maverick Lifestyle's current Accounts Receivable is $0.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Accounts Receivable of $0.20 Mil. The current Accounts Receivable is $0.20 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 Maverick Lifestyle (MVRK), the current Accounts Receivable is $0.20 Mil as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.