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NMHI (Nature's Miracle Holding) Accounts Receivable : $2.81 Mil (As of Dec. 2024)


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What is Nature's Miracle Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nature's Miracle Holding's accounts receivables for the quarter that ended in Dec. 2024 was $2.81 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nature's Miracle Holding's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 427.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nature's Miracle Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-9.10.


Nature's Miracle Holding Accounts Receivable Historical Data

The historical data trend for Nature's Miracle Holding'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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Nature's Miracle Holding Accounts Receivable Chart

Nature's Miracle Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
0.96 0.66 3.56 1.54 2.81

Nature's Miracle Holding Quarterly Data
Dec20 Sep21 Dec21 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 1.54 1.12 2.77 4.23 2.81

Nature's Miracle Holding Accounts Receivable Calculation

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


Nature's Miracle Holding 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.

Nature's Miracle Holding's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.805/0.599*91
=427.31

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

Nature's Miracle Holding'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)
=(0.42+0.75 * 2.805+0.5 * 1.779-25.651
-0-0)/2.445
=-9.10

* 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.


Nature's Miracle Holding Accounts Receivable Related Terms

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Nature's Miracle Holding Business Description

Traded in Other Exchanges
N/A
Address
858 North Central Avenue, Upland, CA, USA, 91786
Nature's Miracle Holding Inc is a growing agriculture technology company providing Controlled Environment Agriculture (CEA) hardware products to growers in the CEA industry setting in North America. It provides hardware to design, build, and operate various indoor growing settings, including greenhouse and indoor growing spaces. Its products include Horticultural Lighting, Irrigation System, Power Distribution Systems, Climate Control Systems, Disinfection Systems, and Materials And Equipment.