GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Azure Health Technology Ltd (OTCPK:MOKOY) » Definitions » Accounts Receivable

Azure Health Technology (Azure Health Technology) Accounts Receivable : $0.12 Mil (As of Dec. 2019)


View and export this data going back to 2014. Start your Free Trial

What is Azure Health Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Azure Health Technology's accounts receivables for the quarter that ended in Dec. 2019 was $0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Azure Health Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was $-0.02.


Azure Health Technology Accounts Receivable Historical Data

The historical data trend for Azure Health Technology'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.

Azure Health Technology Accounts Receivable Chart

Azure Health Technology Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.20 0.02 - -

Azure Health Technology Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec18 Jun19 Dec19
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 0.07 - 0.02 - 0.12

Azure Health Technology Accounts Receivable Calculation

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


Azure Health Technology 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.

Azure Health Technology's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.119/0*91
=

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

Azure Health Technology's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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+0.75 * 0.119+0.5 * 0-0.773
-0-0)/41.4949
=-0.02

* 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.


Azure Health Technology Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Azure Health Technology's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Azure Health Technology (Azure Health Technology) Business Description

Traded in Other Exchanges
N/A
Address
Level 45, 19-29 Martin Place, Suite 03, Sydney, NSW, AUS, 2003
Azure Health Technology Ltd is engaged in research, development, distribution and marketing a range of health and therapeutic products and technologies, including innovative drugs, wellbeing supplements and medical devices.

Azure Health Technology (Azure Health Technology) Headlines

No Headlines