SFWJ (Software Effective Solutions) Accounts Receivable : $0.00 Mil (As of . 20)

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What is Software Effective Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Software Effective Solutions's accounts receivables for the quarter that ended in . 20 was $0.00 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. Software Effective Solutions's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.

Software Effective Solutions Accounts Receivable Historical Data

The historical data trend for Software Effective Solutions'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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Software Effective Solutions Accounts Receivable Chart

Software Effective Solutions Annual Data

Trend

Accounts Receivable

Software Effective Solutions Quarterly Data

Accounts Receivable

Software Effective Solutions Accounts Receivable Calculation

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

Software Effective Solutions 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.

Software Effective Solutions's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Software Effective Solutions's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=	(	+	0.75 *	+	0.5 *	-	N/A
-		-	)	/	0
=	N/A

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.

Software Effective Solutions Accounts Receivable Related Terms

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Software Effective Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Software Effective Solutions Corp (OTCPK:SFWJ) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

1100 Poydras Street, Suite 2900, New Orleans, LA, USA, 70163

Website

https://www.medcana.net

Software Effective Solutions Corp operates through its subsidiary MedCana inc, which is a global infrastructure and service provider to the pharmaceutical cannabis industry. The mission is to provide premium pharmaceutical-grade CBD oil with absolute integrity, sustainability, and social responsibility. The company is focused on developing globally accessible products through software, hardware, greenhouse, irrigation, and extraction technology. The company also has strategic partnerships to develop the highest quality, globally certified pharmaceutical-grade extracts.

Software Effective Solutions Headlines

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