Stryve Foods (Stryve Foods) Accounts Receivable : $2.09 Mil (As of Dec. 2023)

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What is Stryve Foods Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Stryve Foods's accounts receivables for the quarter that ended in Dec. 2023 was $2.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Stryve Foods's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 66.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Stryve Foods's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.82.

Stryve Foods Accounts Receivable Historical Data

The historical data trend for Stryve Foods'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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Stryve Foods Accounts Receivable Chart

Stryve Foods Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.68

3.11

2.49

2.09

Stryve Foods Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial										2.49	2.98	2.97	3.05	2.09

Stryve Foods Accounts Receivable Calculation

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

Stryve Foods 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.

Stryve Foods's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.092	/	2.887	*	91
=	66.12

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

Stryve Foods's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(0.369	+	0.75 * 2.092	+	0.5 * 5.2	-	31.12
-	0	-	0)	/	2.24919
=	-11.82

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.

Stryve Foods Accounts Receivable Related Terms

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Stryve Foods (Stryve Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Stryve Foods Inc (NAS:SNAX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5801 Tennyson Parkway, Suite 275, Plano, TX, USA, 75024

Website

https://www.stryve.com

Stryve Foods Inc is focused on manufacturing and marketing highly differentiated healthy snacks that disrupt traditional snacking categories. It offers convenient snacks that are lower in sugar and carbohydrates and higher in protein than other snacks. Stryve offers all-natural, delicious snacks which it believes are a nutritious and conveniently healthy snacking option for on-the-go lives.

Executives

Christopher J. Boever	director, officer: CEO	C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
B. Luke Weil	director	CARRERA 10 NO. 28-49, TORRE A. OFICINA 20-05, BOGOTA F8 XXXXX
Kevin Vivian	director	5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Mauricio Orellana	director	250 WEST 57TH ST., NEW YORK NY 10107
Alex Hawkins	officer: CFO	5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Chris Whitehair	director	7301 OHMS LANE SUITE 600, EDINA MN 55439
Ramsey Robert D. Iii	director	5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Ted Casey	director	5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Gregory Stephen Christenson	director	500 WEST 5TH STREET, AUSTIN TX 78701
Joe A Oblas	director, officer: Co-Chief Executive Officer	65 INVERNESS DRIVE EAST, SUITE 105, ENGLEWOOD CO 80112
Charles D Vogt	director	TEKELEC, 26580 WEST AGOURA ROAD, CALABASAS CA 91302
Efrem Kamen	10 percent owner	C/O PURA VIDA INVESTMENTS, LLC, 512 W 22ND STREET, 7TH FLOOR, NEW YORK NY 10011
Pura Vida Investments, Llc	10 percent owner	512 W 22ND STREET, 7TH FLOOR, NEW YORK NY 10011
Jaxie S. Alt	director, officer: Co-CEO & CMO	5301 LEGACY DRIVE, PLANO TX 75024
Stryve Foods Holdings, Llc	10 percent owner	5801 TENNYSON PARKWAY, SUITE 275, PLANO TX 75024