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Eden Empire (Eden Empire) Accounts Receivable : $0.08 Mil (As of Apr. 2022)


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What is Eden Empire Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eden Empire's accounts receivables for the quarter that ended in Apr. 2022 was $0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eden Empire's Days Sales Outstanding for the quarter that ended in Apr. 2022 was 134.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eden Empire's Net-Net Working Capital per share for the quarter that ended in Apr. 2022 was $-0.04.


Eden Empire Accounts Receivable Historical Data

The historical data trend for Eden Empire'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.

Eden Empire Accounts Receivable Chart

Eden Empire Annual Data
Trend Jul19 Jul20 Jul21
Accounts Receivable
0.05 0.05 0.21

Eden Empire Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.21 0.07 0.09 0.08

Eden Empire Accounts Receivable Calculation

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


Eden Empire 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.

Eden Empire's Days Sales Outstanding for the quarter that ended in Apr. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.075/0.051*91
=134.19

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

Eden Empire's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(0.006+0.75 * 0.075+0.5 * 0.016-5.63
-0-0.083)/137.177
=-0.04

* 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.


Eden Empire Accounts Receivable Related Terms

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Eden Empire (Eden Empire) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.

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