TOBAF (TAAT Global Alternatives) Accounts Receivable: $3.65 Mil (As of Jul. 2024)

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TOBAF TAAT Global Alternatives Inc TOBAF
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What is TAAT Global Alternatives Accounts Receivable?

TAAT Global Alternatives TOBAF 10 Accounts Receivable is $3.65 Mil as of Jul. 2024. GuruFocus rates TOBAF with a GF Score™ of 10/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TAAT Global Alternatives's accounts receivables for the quarter that ended in Jul. 2024 was $3.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TAAT Global Alternatives's Days Sales Outstanding for the quarter that ended in Jul. 2024 was 18.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TAAT Global Alternatives's Net-Net Working Capital per share for the quarter that ended in Jul. 2024 was $-0.27.


TAAT Global Alternatives 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.

TAAT Global Alternatives's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.646/17.605*91
=18.90

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

TAAT Global Alternatives's Net-Net Working Capital Per Share for the quarter that ended in Jul. 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)
=(0.214+0.75 * 3.646+0.5 * 2.992-7.618
-0-0)/11.860
=-0.27

* 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.


TAAT Global Alternatives Accounts Receivable Related Terms


TAAT Global Alternatives Accounts Receivable Historical Data

* Premium members only.

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Accounts Receivable Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.04 1.50 3.03 3.29

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 3.59 3.29 3.07 3.42 3.65
TOBAF
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TAAT Global Alternatives Inc TOBAF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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TAAT Global Alternatives Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $3.65 Mil mean?
TAAT Global Alternatives (TOBAF) has a Accounts Receivable of $3.65 Mil as of Jul. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TAAT Global Alternatives and its competitors.
Is TAAT Global Alternatives' Accounts Receivable too high?
TAAT Global Alternatives' current Accounts Receivable is $3.65 Mil. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Accounts Receivable compare to VPRB and XXII?
TAAT Global Alternatives' Accounts Receivable of $3.65 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Tobacco Products company?
A good Accounts Receivable depends on the Tobacco Products industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TAAT Global Alternatives and its competitors. TAAT Global Alternatives's current Accounts Receivable is $3.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Accounts Receivable of $3.65 Mil. The current Accounts Receivable is $3.65 Mil. TAAT Global Alternatives' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For TAAT Global Alternatives (TOBAF), the current Accounts Receivable is $3.65 Mil as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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