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North Bud Farms (XCNQ:NBUD) Accounts Receivable : C$0.00 Mil (As of Aug. 2019)


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What is North Bud Farms Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. North Bud Farms's accounts receivables for the quarter that ended in Aug. 2019 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. North Bud Farms's Net-Net Working Capital per share for the quarter that ended in Aug. 2019 was C$0.00.


North Bud Farms Accounts Receivable Historical Data

The historical data trend for North Bud Farms'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.

* Premium members only.

North Bud Farms Accounts Receivable Chart

North Bud Farms Annual Data
Trend Nov17 Nov18
Accounts Receivable
- -

North Bud Farms Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - - - - -

North Bud Farms Accounts Receivable Calculation

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


North Bud Farms 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.

North Bud Farms's Days Sales Outstanding for the quarter that ended in Aug. 2019 is calculated as:

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

North Bud Farms's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2019 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)
=(1.462+0.75 * 0+0.5 * 0-1.29
-0-0)/63.4419
=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.


North Bud Farms Accounts Receivable Related Terms

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North Bud Farms (XCNQ:NBUD) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3
North Bud Farms Inc owns a state-of-the-art purpose-built cannabis production facility located on approximately 135 acres of agricultural land in Low, Quebec, Canada. The Low, Quebec facility currently has approximately 24,500 square feet of licensed indoor cultivation space; the company has submitted its licence amendment application to Health Canada to add an additional approximately 1,000,000 square feet of outdoor cultivation space.
Executives
Ryan Brown Director, Senior Officer
André Audet Director, Senior Officer
Kosta Kostic Senior Officer

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