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Rocky Mountain High Brands (Rocky Mountain High Brands) Accounts Receivable : $0.00 Mil (As of Jun. 2020)


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What is Rocky Mountain High Brands Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rocky Mountain High Brands's accounts receivables for the quarter that ended in Jun. 2020 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rocky Mountain High Brands's Days Sales Outstanding for the quarter that ended in Jun. 2020 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rocky Mountain High Brands's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $-0.02.


Rocky Mountain High Brands Accounts Receivable Historical Data

The historical data trend for Rocky Mountain High Brands'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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Rocky Mountain High Brands Accounts Receivable Chart

Rocky Mountain High Brands Annual Data
Trend Dec09 Jun10 Jun11 Jun12 Jun16 Jun17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial - 0.02 0.06 0.02 0.02

Rocky Mountain High Brands Quarterly Data
Dec09 Jun10 Dec10 Jun11 Jun12 Jun16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 - 0.33 0.02 0.01 -

Rocky Mountain High Brands Accounts Receivable Calculation

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


Rocky Mountain High Brands 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.

Rocky Mountain High Brands's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.669*91
=0.00

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

Rocky Mountain High Brands's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 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)
=(0.032+0.75 * 0+0.5 * 0.15-6.816
-0--0.004)/284.451
=-0.02

* 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.


Rocky Mountain High Brands Accounts Receivable Related Terms

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Rocky Mountain High Brands (Rocky Mountain High Brands) Business Description

Traded in Other Exchanges
N/A
Address
1000 Shiloh Road, Suite 200, Plano, TX, USA, 75074
Rocky Mountain High Brands Inc is a brand management company. RMHB specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. It also markets a naturally high alkaline spring water as part of the company's brand portfolio.
Executives
Winton Morrison director 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Jens R. Mielke officer: Chief Financial Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Michael R. Welch director, officer: President and CEO 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Charles Walter Smith director, officer: Chief Operating Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
David M. Seeberger director, officer: Vice President 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Kevin Harrington director 14044 ICOT BLVD., CLEARWATER FL 33760
Gerard Vincent David director, officer: Chairman of the Board 3615 5TH AVENUE NE BRADENTON FL 34208
Jerome A. Grisaffi director, officer: Secretary and Chairman 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Lily Li 10 percent owner, officer: Executive Vice President 4858 ROUTE 32 CATSKILL NY 12414