VDKB (Vodka Brands) Accounts Receivable: $0.04 Mil (As of Dec. 2018)

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What is Vodka Brands Accounts Receivable?

Vodka Brands VDKB Accounts Receivable is $0.04 Mil as of Dec. 2018.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vodka Brands's accounts receivables for the quarter that ended in Dec. 2018 was $0.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vodka Brands's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 399.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vodka Brands's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-0.02.

Vodka Brands 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.

Vodka Brands's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.035/0.008*91
=399.22

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

Vodka Brands's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=(0.003+0.75 * 0.035+0.5 * 0.136-0.304
-0-0)/12.740
=-0.02

* 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.

Vodka Brands Accounts Receivable Related Terms

Vodka Brands Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Vodka Brands'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.

Vodka Brands Accounts Receivable Chart

Vodka Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
0.01 0.03 0.03 0.03 0.04

Vodka Brands Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 0.03 0.04 0.04 0.03 0.04

Vodka Brands 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 $0.04 Mil mean?
Vodka Brands (VDKB) has a Accounts Receivable of $0.04 Mil as of Dec. 2018. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Vodka Brands and its competitors.
Is Vodka Brands' Accounts Receivable too high?
Vodka Brands' current Accounts Receivable is $0.04 Mil.
How does Vodka Brands' Accounts Receivable compare to JCTG and EAST?
Vodka Brands' Accounts Receivable of $0.04 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Accounts Receivable depends on the Beverages - Alcoholic 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 Vodka Brands and its competitors. Vodka Brands's current Accounts Receivable is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodka Brands stock overvalued right now?
Vodka Brands (VDKB) has a current Accounts Receivable of $0.04 Mil. The current Accounts Receivable is $0.04 Mil. 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 Vodka Brands (VDKB), the current Accounts Receivable is $0.04 Mil as of Dec. 2018. 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.

Vodka Brands Business Description

Address 1 Desiderio Way, McKees Rocks, PA, USA, 15136
Vodka Brands Corp is engaged in the business of developing, marketing, importing, and distributing vodka products. The company markets and sells its products under the Blue diamond and Diamond girl brand names. Its products are sold to wholesale distributors as well as state alcohol beverage control products in the U.S.