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CFN Enterprises (CFN Enterprises) Accounts Receivable : $1.74 Mil (As of Mar. 2024)


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What is CFN Enterprises Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CFN Enterprises's accounts receivables for the quarter that ended in Mar. 2024 was $1.74 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CFN Enterprises's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 41.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CFN Enterprises's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.22.


CFN Enterprises Accounts Receivable Historical Data

The historical data trend for CFN Enterprises'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.

CFN Enterprises Accounts Receivable Chart

CFN Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.01 0.14 0.03 0.94

CFN Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.04 0.71 0.94 1.74

CFN Enterprises Accounts Receivable Calculation

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


CFN Enterprises 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.

CFN Enterprises's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.74/3.845*91
=41.29

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

CFN Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.153+0.75 * 1.74+0.5 * 1.678-20.131
-0-0)/82.2107
=-0.22

* 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.


CFN Enterprises Accounts Receivable Related Terms

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CFN Enterprises (CFN Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
600 E.8th Street, Whitefish, MT, USA, 59937
CFN Enterprises Inc is a creative agency and media network dedicated to the legal cannabis industry. Its CFN Business generates revenue through sponsored content, articles, press releases, videos, podcasts, advertisements, and other media, email advertisements, and other marketing campaigns run on behalf of public and private companies in the cannabis industry.
Executives
Anness Ziadeh officer: Chief Sales/Marketing Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Rami Abi 10 percent owner, officer: Chief Strategy Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Allen Park 10 percent owner, officer: Chief Operating Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Brian S Ross director, officer: President & CEO C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937
Anthony Zingarelli 10 percent owner 600 E. 8TH STREET, WHITEFISH MT 59937
Frank Lane officer: President of CFN Media 2601 OCEAN PARK BLVD., SUITE 310, SANTA MONICA CA 90405
Darren Dayton 10 percent owner 143 CALLE MAYOR, REDONDO BEACH CA 90277
Ryan Beedie Family Trust Iii 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Ryan Beedie 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
4358 Investments Ltd 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Oyii Holdings Ltd. 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Investments Ltd 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Holdings Ltd. 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Paul Dumais officer: Sr. VP, Product Development C/O ACCELERIZE, INC., 20411 SW BIRCH STREET, SUITE 250, NEWPORT BEACH CA 92660
Damon S Stein officer: General Counsel C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937