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STHZF (StateHouse Holdings) Accounts Receivable : $14.99 Mil (As of Jun. 2024)


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What is StateHouse Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. StateHouse Holdings's accounts receivables for the quarter that ended in Jun. 2024 was $14.99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. StateHouse Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 49.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. StateHouse Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-1.11.


StateHouse Holdings Accounts Receivable Historical Data

The historical data trend for StateHouse Holdings'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.

StateHouse Holdings Accounts Receivable Chart

StateHouse Holdings Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.60 5.11 8.64 13.15

StateHouse Holdings Quarterly Data
Apr19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 - - 13.15 15.44 14.99

StateHouse Holdings Accounts Receivable Calculation

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


StateHouse Holdings 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.

StateHouse Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14.985/27.77*91
=49.24

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

StateHouse Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(2.057+0.75 * 14.985+0.5 * 8.523-300.09
-0-1.17)/256.421
=-1.11

* 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.


StateHouse Holdings Accounts Receivable Related Terms

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StateHouse Holdings Business Description

Traded in Other Exchanges
Address
1028 Buenos Avenue, San Diego, CA, USA, 92110
StateHouse Holdings Inc is a vertically integrated Cannabis company. It is a United States-based cannabis retailer. The company is engaged in the manufacture, possession, use, sale, or distribution of cannabis in the recreational and/or medicinal cannabis marketplace in the State of California and the State of Oregon. It offers packaged flowers, pre-roll, concentrates, edibles, and vape SKUs.