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Wellbeing Digital Sciences (Wellbeing Digital Sciences) Accounts Receivable : $0.67 Mil (As of Apr. 2022)


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What is Wellbeing Digital Sciences Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wellbeing Digital Sciences's accounts receivables for the quarter that ended in Apr. 2022 was $0.67 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wellbeing Digital Sciences's Days Sales Outstanding for the quarter that ended in Apr. 2022 was 47.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wellbeing Digital Sciences's Net-Net Working Capital per share for the quarter that ended in Apr. 2022 was $-0.10.


Wellbeing Digital Sciences Accounts Receivable Historical Data

The historical data trend for Wellbeing Digital Sciences'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.

Wellbeing Digital Sciences Accounts Receivable Chart

Wellbeing Digital Sciences Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Accounts Receivable
- - - - 0.52

Wellbeing Digital Sciences Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.52 0.33 0.51 0.67

Wellbeing Digital Sciences Accounts Receivable Calculation

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


Wellbeing Digital Sciences 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.

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 Net-Net Working Capital (NNWC), Wellbeing Digital Sciences's accounts receivable are only considered to be worth 75% of book value:

Wellbeing Digital Sciences'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)
=(0.236+0.75 * 0.667+0.5 * 0-13.287
-0-0)/123.502
=-0.10

* 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.


Wellbeing Digital Sciences Accounts Receivable Related Terms

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Wellbeing Digital Sciences (Wellbeing Digital Sciences) Business Description

Traded in Other Exchanges
N/A
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.

Wellbeing Digital Sciences (Wellbeing Digital Sciences) Headlines

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