WTER (The Alkaline Water Co) Accounts Receivable: $5.06 Mil (As of Jun. 2023)

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WTER The Alkaline Water Co Inc WTER
12 GF Score
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What is The Alkaline Water Co Accounts Receivable?

The Alkaline Water Co WTER -20.00% 12 Accounts Receivable is $5.06 Mil as of Jun. 2023. GuruFocus rates WTER with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Alkaline Water Co's accounts receivables for the quarter that ended in Jun. 2023 was $5.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Alkaline Water Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 30.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Alkaline Water Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-15.67.

The Alkaline Water Co 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.

The Alkaline Water Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.06/14.934*91
=30.92

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

The Alkaline Water Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.415+0.75 * 5.06+0.5 * 5.544-23.279
-0-0)/1.040
=-15.67

* 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.

The Alkaline Water Co Accounts Receivable Related Terms

The Alkaline Water Co Accounts Receivable Historical Data

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The historical data trend for The Alkaline Water Co'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.

The Alkaline Water Co Accounts Receivable Chart

The Alkaline Water Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 4.92 8.46 7.93 6.52

The Alkaline Water Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 8.42 7.46 8.77 6.52 5.06
WTER
12GF Score
The Alkaline Water Co Inc WTER
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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The Alkaline Water Co 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 $5.06 Mil mean?
The Alkaline Water Co (WTER) has a Accounts Receivable of $5.06 Mil as of Jun. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on The Alkaline Water Co and its competitors.
Is The Alkaline Water Co's Accounts Receivable too high?
The Alkaline Water Co's current Accounts Receivable is $5.06 Mil. Overall, The Alkaline Water Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Alkaline Water Co's Accounts Receivable compare to PSCBF and ASII?
The Alkaline Water Co's Accounts Receivable of $5.06 Mil can be compared against companies in the Beverages - Non-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 - Non-Alcoholic company?
A good Accounts Receivable depends on the Beverages - Non-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 The Alkaline Water Co and its competitors. The Alkaline Water Co's current Accounts Receivable is $5.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Alkaline Water Co stock overvalued right now?
The Alkaline Water Co (WTER) has a current Accounts Receivable of $5.06 Mil. The current Accounts Receivable is $5.06 Mil. The Alkaline Water Co's overall GF Score™ is 12/100. 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 The Alkaline Water Co (WTER), the current Accounts Receivable is $5.06 Mil as of Jun. 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.

The Alkaline Water Co Business Description

Address 8541 E. Anderson Drive, Suite 100/101, Scottsdale, AZ, USA, 85255
The Alkaline Water Co Inc is engaged in the business of distributing and marketing bottled alkaline water for retail consumers of different sizes. The firm sells its product in 500ml, 700ml, 1-liter, 1.5-liter 3-liter, and 1-gallon sizes. Its only operating geographical segment being the United States of America. The company sells its product to convenience stores, natural food products stores, large ethnic markets, and national retailers.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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