WLDFF (Wildflower Brands) Accounts Receivable: $0.47 Mil (As of Mar. 2020)

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What is Wildflower Brands Accounts Receivable?

Wildflower Brands WLDFF -90.00% Accounts Receivable is $0.47 Mil as of Mar. 2020.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wildflower Brands's accounts receivables for the quarter that ended in Mar. 2020 was $0.47 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wildflower Brands's Days Sales Outstanding for the quarter that ended in Mar. 2020 was 11.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wildflower Brands's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was $-0.10.

Wildflower 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.

Wildflower Brands's Days Sales Outstanding for the quarter that ended in Mar. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.471/3.798*91
=11.32

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

Wildflower Brands's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 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)
=(0.204+0.75 * 0.471+0.5 * 1.473-15.105
-0-0)/139.330
=-0.10

* 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.

Wildflower Brands Accounts Receivable Related Terms

Wildflower Brands Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Wildflower 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.

Wildflower Brands Accounts Receivable Chart

Wildflower Brands Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.08 0.29 0.27

Wildflower Brands Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 1.54 0.27 0.10 0.13 0.47

Wildflower 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 $0.47 Mil mean?
Wildflower Brands (WLDFF) has a Accounts Receivable of $0.47 Mil as of Mar. 2020. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Wildflower Brands and its competitors.
Is Wildflower Brands' Accounts Receivable too high?
Wildflower Brands' current Accounts Receivable is $0.47 Mil.
How does Wildflower Brands' Accounts Receivable compare to ZTS?
Wildflower Brands' Accounts Receivable of $0.47 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Accounts Receivable depends on the Drug Manufacturers 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 Wildflower Brands and its competitors. Wildflower Brands's current Accounts Receivable is $0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wildflower Brands stock overvalued right now?
Wildflower Brands (WLDFF) has a current Accounts Receivable of $0.47 Mil. The current Accounts Receivable is $0.47 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 Wildflower Brands (WLDFF), the current Accounts Receivable is $0.47 Mil as of Mar. 2020. 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.

Wildflower Brands Business Description

Address 1505 West 2nd Avenue, Suite 400, Vancouver, BC, CAN, V6H 3Y4
Wildflower Brands Inc primarily focuses on developing and designing products in the cannabis and healthcare sectors. Wildflower sells its CBD+ products online and to retailers throughout the US and also produces and markets its THC products in regulated cannabis jurisdictions. The company's operations and assets are located in Canada and the USA.