RYAH Group (XCNQ:RYAH) Accounts Receivable : C$0.02 Mil (As of Sep. 2022)

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What is RYAH Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RYAH Group's accounts receivables for the quarter that ended in Sep. 2022 was C$0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. RYAH Group's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 124.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. RYAH Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was C$-0.00.

RYAH Group Accounts Receivable Historical Data

The historical data trend for RYAH Group'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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RYAH Group Accounts Receivable Chart

RYAH Group Annual Data

Trend

Dec20

Dec21

Accounts Receivable

0.09

RYAH Group Quarterly Data
	Feb20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Accounts Receivable	Get a 7-Day Free Trial			0.02	0.09	0.01	-	0.02

RYAH Group Accounts Receivable Calculation

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

RYAH Group 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.

RYAH Group's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.015	/	0.011	*	91
=	124.43

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

RYAH Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=	(0.011	+	0.75 * 0.015	+	0.5 * 0.133	-	1.83
-	0	-	0)	/	448.849
=	-0.00

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.

RYAH Group Accounts Receivable Related Terms

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RYAH Group (XCNQ:RYAH) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 34TH STREET, SUITE B421, BROOKLYN, NY, USA, 11232

Website

https://www.ryahgroup.com

RYAH Group Inc is a data technology company in plant-based medicine. Its Artificial Intelligence platform aggregates and correlates HIPAA-compliant dosing data from seed to consumption. This helps the company to conduct predictive analyses to help doctors, researchers, and end-users create personalized dosing regimens that can accurately foresee patient outcomes. the company also provide other products which are smart inhaler system & smart patch system.

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