Sweet Earth Holdings (XCNQ:SE) Accounts Receivable : C$0.00 Mil (As of Dec. 2023)

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What is Sweet Earth Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sweet Earth Holdings's accounts receivables for the quarter that ended in Dec. 2023 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sweet Earth Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sweet Earth Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$-0.06.

Sweet Earth Holdings Accounts Receivable Historical Data

The historical data trend for Sweet Earth 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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Sweet Earth Holdings Accounts Receivable Chart

Sweet Earth Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

0.04

Sweet Earth Holdings Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial												-	-	-	-	-

Sweet Earth Holdings Accounts Receivable Calculation

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

Sweet Earth 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.

Sweet Earth Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.005	*	91
=	0.00

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

Sweet Earth Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(0.054	+	0.75 * 0	+	0.5 * 0	-	0.785
-	0	-	0)	/	12.8029
=	-0.06

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.

Sweet Earth Holdings Accounts Receivable Related Terms

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Sweet Earth Holdings (XCNQ:SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sweet Earth Holdings Corp (XCNQ:SE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

SEHCF:USA 1KZ0:Germany

Address

903-700 West Pender Street, Vancouver, BC, CAN, V6C 1G8

Website

https://www.sweetearthskincare.com

Sweet Earth Holdings Corp is engaged in the business of the sale of hemp pre-roll and skin care products. 'It operates in a single segment, which includes cultivation and processing of hemp cannabidiol in the state of Oregon, USA, and in Cadiz, Spain'.