NutraLife Biosciences (NutraLife Biosciences) Accounts Receivable : $0.05 Mil (As of Sep. 2022)

View and export this data going back to 2014. Start your Free Trial

What is NutraLife Biosciences Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NutraLife Biosciences's accounts receivables for the quarter that ended in Sep. 2022 was $0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NutraLife Biosciences's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 38.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NutraLife Biosciences's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.04.

NutraLife Biosciences Accounts Receivable Historical Data

The historical data trend for NutraLife Biosciences'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.

NutraLife Biosciences Accounts Receivable Chart

NutraLife Biosciences Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Receivable

Get a 7-Day Free Trial

0.04

0.01

0.15

0.04

NutraLife Biosciences Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Accounts Receivable	Get a 7-Day Free Trial															0.09	0.04	0.03	0.03	0.05

NutraLife Biosciences Accounts Receivable Calculation

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

NutraLife Biosciences 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.

NutraLife Biosciences's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.049	/	0.115	*	91
=	38.88

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

NutraLife Biosciences's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(0.432	+	0.75 * 0.049	+	0.5 * 0.373	-	8.348
-	0	-	0)	/	176.623
=	-0.04

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.

NutraLife Biosciences Accounts Receivable Related Terms

Thank you for viewing the detailed overview of NutraLife Biosciences's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

NutraLife Biosciences (NutraLife Biosciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » NutraLife Biosciences Inc (OTCPK:NLBS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6601 Lyons Road, Suite L-6, Coconut Creek, FL, USA, 33073

Website

https://www.nutralifebiosciences.com

NutraLife BioSciences Inc is engaged in the development, manufacturing and distribution of nutritional and dietary nutritional supplement products. The company is a branded and private label developer, manufacturer and distributor of a wide range of nutraceutical, wellness, and CBD products. It's private-label ingestible and skincare products include CBD-infused oral sprays, tinctures, pet drops, pain balms, and face creams. Its CBD products are derived from the seeds and mature stalks of the Cannabis Sativa plant which includes all parts and varieties of the cannabis sativa plant also known as hemp, which contain a tetrahydrocannabinol concentration.

Executives

Edgar Ward	director, 10 percent owner, officer: President and CEO	5851 HOLMBERG RD., UNIT 2511, PARKLAND FL 33067
Neil Catania	10 percent owner, officer: Vice President	5 FIREPLACE CT., EAST NORTHPORT NY 11731
Lee White	10 percent owner, other: 10% Shareholder	130 S. RD., PAGET D0 PG06