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Advanced Flower Capital (STU:0FG) Accounts Receivable : €1.33 Mil (As of Sep. 2024)


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What is Advanced Flower Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Advanced Flower Capital's accounts receivables for the quarter that ended in Sep. 2024 was €1.33 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Advanced Flower Capital's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 31.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Advanced Flower Capital's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-1.54.


Advanced Flower Capital Accounts Receivable Historical Data

The historical data trend for Advanced Flower Capital'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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Advanced Flower Capital Accounts Receivable Chart

Advanced Flower Capital Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.76 3.91 4.96 5.09

Advanced Flower Capital Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.30 5.09 9.25 1.61 1.33

Advanced Flower Capital Accounts Receivable Calculation

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


Advanced Flower Capital 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.

Advanced Flower Capital's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.328/3.839*91
=31.57

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

Advanced Flower Capital's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(110.07+0.75 * 1.328+0.5 * 0-144.662
-0-0)/21.882
=-1.54

* 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.


Advanced Flower Capital Accounts Receivable Related Terms

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Advanced Flower Capital Business Description

Traded in Other Exchanges
Address
477 S. Rosemary Avenue, Suite 301, West Palm Beach, FL, USA, 33401
Advanced Flower Capital Inc is a commercial mortgage REIT that provides institutional loans to state-law-compliant cannabis operators in the U.S. Through the management team's deep network and significant credit and cannabis expertise, AFC originates, structures and underwrites loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value and cash flows.

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