VGGIF (Boosh Plant-Based Brands) Accounts Receivable: $0.07 Mil (As of Dec. 2023)

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What is Boosh Plant-Based Brands Accounts Receivable?

Boosh Plant-Based Brands VGGIF -99.96% Accounts Receivable is $0.07 Mil as of Dec. 2023.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Boosh Plant-Based Brands's accounts receivables for the quarter that ended in Dec. 2023 was $0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Boosh Plant-Based Brands's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 136.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Boosh Plant-Based Brands's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.03.

Boosh Plant-Based 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.

Boosh Plant-Based Brands's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.069/0.046*91
=136.88

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

Boosh Plant-Based Brands's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(0.016+0.75 * 0.069+0.5 * 0.094-3.906
-0-0)/114.247
=-0.03

* 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.

Boosh Plant-Based Brands Accounts Receivable Related Terms

Boosh Plant-Based Brands Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Boosh Plant-Based 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.

Boosh Plant-Based Brands Accounts Receivable Chart

Boosh Plant-Based Brands Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Receivable
0.01 0.03 0.19 0.12

Boosh Plant-Based Brands Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.46 0.12 0.07 0.07 0.07

Boosh Plant-Based 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 $0.07 Mil mean?
Boosh Plant-Based Brands (VGGIF) has a Accounts Receivable of $0.07 Mil as of Dec. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Boosh Plant-Based Brands and its competitors.
Is Boosh Plant-Based Brands' Accounts Receivable too high?
Boosh Plant-Based Brands' current Accounts Receivable is $0.07 Mil.
How does Boosh Plant-Based Brands' Accounts Receivable compare to NXMH and NBND?
Boosh Plant-Based Brands' Accounts Receivable of $0.07 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods 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 Boosh Plant-Based Brands and its competitors. Boosh Plant-Based Brands's current Accounts Receivable is $0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boosh Plant-Based Brands stock overvalued right now?
Boosh Plant-Based Brands (VGGIF) has a current Accounts Receivable of $0.07 Mil. The current Accounts Receivable is $0.07 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 Boosh Plant-Based Brands (VGGIF), the current Accounts Receivable is $0.07 Mil as of Dec. 2023. 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.

Boosh Plant-Based Brands Business Description

Address 176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5
Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.