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Frelii (Frelii) Accounts Receivable : $0.02 Mil (As of Sep. 2019)


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What is Frelii Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Frelii's accounts receivables for the quarter that ended in Sep. 2019 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Frelii's Days Sales Outstanding for the quarter that ended in Sep. 2019 was 76.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Frelii's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.01.


Frelii Accounts Receivable Historical Data

The historical data trend for Frelii'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.

Frelii Accounts Receivable Chart

Frelii Annual Data
Trend May09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
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Frelii Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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

Frelii Accounts Receivable Calculation

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


Frelii 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.

Frelii's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.02/0.024*91
=76.04

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

Frelii's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 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)
=(0.012+0.75 * 0.02+0.5 * 0.05-0.533
-0-0)/53.4684
=-0.01

* 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.


Frelii Accounts Receivable Related Terms

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Frelii (Frelii) Business Description

Traded in Other Exchanges
N/A
Address
2701 North Thanksgiving Way, Suite 100, Lehi, UT, USA, 84043
Frelii Inc is a United States-based company engaged in offering web-based subscription service providing personalized nutrition and wellness plans on user's genetic data. It provides an artificial intelligence-based algorithm which generates accurate and valuable insight about individual health risks. The company's algorithm, through a web-based questionnaire, and upload of the user's raw genetic data identifies areas of potential health risk and generates a preventative action plan. The plan includes a personalized nutrition and fitness plan, and nutritional supplement recommendations. In addition, the company also offers nutritional and vitamin supplements. Its product portfolio includes KDIR, BLDB tonic, Keotone-Cocoa, CTV, and others.