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GURU Organic Energy (TSX:GURU) Accounts Receivable : C$5.40 Mil (As of Jan. 2024)


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What is GURU Organic Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GURU Organic Energy's accounts receivables for the quarter that ended in Jan. 2024 was C$5.40 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GURU Organic Energy's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 68.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GURU Organic Energy's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was C$0.95.


GURU Organic Energy Accounts Receivable Historical Data

The historical data trend for GURU Organic Energy'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.

GURU Organic Energy Accounts Receivable Chart

GURU Organic Energy Annual Data
Trend Oct20 Oct21 Oct22 Oct23
Accounts Receivable
2.81 5.03 3.91 3.62

GURU Organic Energy Quarterly Data
Sep19 Sep20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.67 5.32 5.58 3.62 5.40

GURU Organic Energy Accounts Receivable Calculation

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


GURU Organic Energy 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.

GURU Organic Energy's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.401/7.146*91
=68.97

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

GURU Organic Energy's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(31.17+0.75 * 5.401+0.5 * 6.741-9.804
-0-0)/30.3096
=0.95

* 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.


GURU Organic Energy Accounts Receivable Related Terms

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GURU Organic Energy (TSX:GURU) Business Description

Traded in Other Exchanges
Address
602-7236 rue Waverly, Montreal, QC, CAN, H2R 0C2
GURU Organic Energy Corp is a wellness company. The company is engaged in the business of manufacturing and marketing organic energy drinks. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States. Some of its product includes GURU Organic Energy - Yerba Mate; GURU Energy Water - Grapefruit; GURU Energy Water - Pomegranate; GURU Organic Energy - Matcha and others.

GURU Organic Energy (TSX:GURU) Headlines