KONEF (Wellbeing Digital Sciences) Change In Receivables: $-0.92 Mil (TTM As of Apr. 2022)

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What is Wellbeing Digital Sciences Change In Receivables?

Wellbeing Digital Sciences KONEF -90.00% Change In Receivables is $-0.92 Mil as of Apr. 2022.

Wellbeing Digital Sciences's change in receivables for the quarter that ended in Apr. 2022 was $-0.17 Mil. It means Wellbeing Digital Sciences's Accounts Receivable increased by $0.17 Mil from Jan. 2022 to Apr. 2022 .

Wellbeing Digital Sciences's change in receivables for the fiscal year that ended in Jul. 2021 was $-0.52 Mil. It means Wellbeing Digital Sciences's Accounts Receivable increased by $0.52 Mil from Jul. 2020 to Jul. 2021 .

Wellbeing Digital Sciences's Accounts Receivable for the quarter that ended in Apr. 2022 was $0.67 Mil.

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 Receivable are being managed. Wellbeing Digital Sciences's Days Sales Outstanding for the three months ended in Apr. 2022 was 47.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wellbeing Digital Sciences's liquidation value for the three months ended in Apr. 2022 was $-12.55 Mil.

Wellbeing Digital Sciences  (OTCPK:KONEF) Change In Receivables 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 Receivable are being managed.

Wellbeing Digital Sciences's Days Sales Outstanding for the quarter that ended in Apr. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.667/1.292*91
=47.11

2. In Ben Graham's calculation of liquidation value, Wellbeing Digital Sciences's accounts receivable are only considered to be worth 75% of book value:

Wellbeing Digital Sciences's liquidation value for the quarter that ended in Apr. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.236-13.287+0.75 * 0.667+0.5 * 0
=-12.55

* 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.

Wellbeing Digital Sciences Change In Receivables Related Terms

Wellbeing Digital Sciences Change In Receivables Historical Data

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The historical data trend for Wellbeing Digital Sciences's Change In Receivables 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.

Wellbeing Digital Sciences Change In Receivables Chart

Wellbeing Digital Sciences Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Change In Receivables
0.00 0.00 0.00 0.00 -0.52

Wellbeing Digital Sciences Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.49 0.14 -0.40 -0.17

Wellbeing Digital Sciences Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Apr. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.92 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.92 Mil mean?
Wellbeing Digital Sciences (KONEF) has a Change In Receivables of $-0.92 Mil as of Apr. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Wellbeing Digital Sciences and its competitors.
Is Wellbeing Digital Sciences' Change In Receivables too high?
Wellbeing Digital Sciences' current Change In Receivables is $-0.92 Mil.
How does Wellbeing Digital Sciences' Change In Receivables compare to SPIN and RHE?
Wellbeing Digital Sciences' Change In Receivables of $-0.92 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Healthcare Providers & Services company?
A good Change In Receivables depends on the Healthcare Providers & Services industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Wellbeing Digital Sciences and its competitors. Wellbeing Digital Sciences's current Change In Receivables is $-0.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellbeing Digital Sciences stock overvalued right now?
Wellbeing Digital Sciences (KONEF) has a current Change In Receivables of $-0.92 Mil. The current Change In Receivables is $-0.92 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Wellbeing Digital Sciences (KONEF), the current Change In Receivables is $-0.92 Mil as of Apr. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wellbeing Digital Sciences Business Description

Address 275 Dundas Street, Unit A1605, London, ON, CAN, N6B 3L1
Wellbeing Digital Sciences Inc is a next-generation wellness company focused on ketamine-assisted therapy and psychedelic medicines. It operates healthcare clinics across North America, helping clients access plant medicines, psychedelics, and mental health care that have the potential to heal them of their physical or emotional pain.