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Pharmala Biotech Holdings (XCNQ:MDMA) Accounts Receivable : C$0.19 Mil (As of Nov. 2024)


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What is Pharmala Biotech Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pharmala Biotech Holdings's accounts receivables for the quarter that ended in Nov. 2024 was C$0.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pharmala Biotech Holdings's Days Sales Outstanding for the quarter that ended in Nov. 2024 was 304.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pharmala Biotech Holdings's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was C$-0.00.


Pharmala Biotech Holdings Accounts Receivable Historical Data

The historical data trend for Pharmala Biotech Holdings'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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Pharmala Biotech Holdings Accounts Receivable Chart

Pharmala Biotech Holdings Annual Data
Trend Aug21 Aug22 Aug23 Aug24
Accounts Receivable
- 0.02 0.14 0.20

Pharmala Biotech Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 Aug24 Nov24
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 0.14 0.12 0.11 0.20 0.19

Pharmala Biotech Holdings Accounts Receivable Calculation

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


Pharmala Biotech Holdings 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.

Pharmala Biotech Holdings's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.19/0.057*91
=304.17

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

Pharmala Biotech Holdings's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2024 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)
=(0.199+0.75 * 0.19+0.5 * 0.354-0.725
-0-0)/94.290
=-0.00

* 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.


Pharmala Biotech Holdings Accounts Receivable Related Terms

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Pharmala Biotech Holdings Business Description

Traded in Other Exchanges
Address
1 Adelaide Street East, Suite 801, Toranto, ON, CAN, M5C 2V9
Pharmala Biotech Holdings Inc is focused on manufacturing and sales of MDMA and MDXX Active Pharmaceutical Ingredients (API) for use in clinical research. Its drug API is manufactured and encapsulated under GMP conditions. The company generates revenue from the sale of tablets and raw MDMA and MDXX compounds/formulations and royalties from licensing of its IP.
Executives
Fraser Macdonald Director
Perry Tsergas Director
Shane H.d. Morris Director, Senior Officer
Nicholas Kadysh Director, Senior Officer

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