Gaby (XCNQ:GABY) Accounts Receivable : C$0.10 Mil (As of Mar. 2023)

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What is Gaby Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gaby's accounts receivables for the quarter that ended in Mar. 2023 was C$0.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gaby's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 1.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gaby's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was C$-0.08.

Gaby Accounts Receivable Historical Data

The historical data trend for Gaby'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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Gaby Accounts Receivable Chart

Gaby Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

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0.31

1.74

0.61

0.31

0.32

Gaby Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Accounts Receivable	Get a 7-Day Free Trial															0.13	0.12	0.16	0.32	0.10

Gaby Accounts Receivable Calculation

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

Gaby 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.

Gaby's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.103	/	6.49	*	91
=	1.45

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

Gaby's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(2.474	+	0.75 * 0.103	+	0.5 * 0.61	-	64.498
-	0	-	0)	/	733.947
=	-0.08

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.

Gaby Accounts Receivable Related Terms

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Gaby (XCNQ:GABY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Gaby Inc (XCNQ:GABY) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

579 - 3rd Steet SE, Suite 307, Medicine Hat, AB, CAN, T1A 0H2

Website

https://www.gabyinc.com

GABY Inc is a retail consolidator and the owner of Mankind Dispensary. Mankind is a well-known, and respected dispensary with deep roots in the California cannabis community operating in San Diego, California. The company curates and sells a diverse portfolio of products, including its own proprietary brands, Lulu's and Kind Republic through Mankind, manufactures Kind Republic, and distributes all its proprietary brands through its wholly owned subsidiary, GABY Manufacturing. A pioneer in the industry with a multi-vertical retail foundation, and a strong management team with experience in retail, consolidation, and cannabis, GABY is poised to grow its retail operations both organically and through acquisition.

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