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Captiva Verde Industries (TSXV:AWA.H) Accounts Receivable : C$0.13 Mil (As of Sep. 2016)


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What is Captiva Verde Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Captiva Verde Industries's accounts receivables for the quarter that ended in Sep. 2016 was C$0.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Captiva Verde Industries's Days Sales Outstanding for the quarter that ended in Sep. 2016 was 341.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Captiva Verde Industries's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was C$N/A.


Captiva Verde Industries Accounts Receivable Historical Data

The historical data trend for Captiva Verde Industries'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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Captiva Verde Industries Accounts Receivable Chart

Captiva Verde Industries Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.35 0.27 0.54 1.05

Captiva Verde Industries Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.10 1.05 0.47 1.25 0.13

Captiva Verde Industries Accounts Receivable Calculation

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


Captiva Verde Industries 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.

Captiva Verde Industries's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.131/0.035*91
=341.54

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

Captiva Verde Industries's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 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)
=(0.005+0.75 * 0.131+0.5 * 0-14.4
-0-0)/0
=N/A

* 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.


Captiva Verde Industries Accounts Receivable Related Terms

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Captiva Verde Industries Business Description

Traded in Other Exchanges
N/A
Address
78080 Calle Amigo, Suite 201, La Quinta, CA, USA, 92253
Captiva Verde Industries Ltd is primarily involved in the production and sale of organic greens and other organic produce. Its product portfolio comprises baby spinach, kale, lettuce, arugula, kale, chard, and mizuna. The company has two geographic segments - Canada and the United States.

Captiva Verde Industries Headlines

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