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Naas Technology (Naas Technology) Accounts Receivable : $9.62 Mil (As of Mar. 2024)


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What is Naas Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Naas Technology's accounts receivables for the quarter that ended in Mar. 2024 was $9.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Naas Technology's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 65.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Naas Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.55.


Naas Technology Accounts Receivable Historical Data

The historical data trend for Naas 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.

Naas Technology Accounts Receivable Chart

Naas Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 6.04 18.65 10.24

Naas Technology Quarterly Data
Dec20 Jun21 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 26.41 25.38 32.02 10.24 9.62

Naas Technology Accounts Receivable Calculation

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


Naas 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.621/13.363*91
=65.70

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

Naas Technology'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)
=(52.982+0.75 * 9.621+0.5 * 3.103-202.314
-0-0.431)/257.576
=-0.55

* 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.


Naas Technology Accounts Receivable Related Terms

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Naas Technology (Naas Technology) Business Description

Traded in Other Exchanges
Address
No.1 Yaojiayuan South Road, Newlink Center, Area G, Building 7, Huitong Times Square, Chaoyang District, Beijing, CHN, 100024
Naas Technology Inc is an electric vehicle charging service provider in China, whose vision is to power the world with carbon-neutral energy. It offers an integrated set of online solutions to charging station operators. wide range of offline services that simplify the daily operations of charging station operators, and of non-charging services such as food and beverage services to station operators.