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SAI.TECH Global (SAI.TECH Global) Accounts Receivable : $0.90 Mil (As of Dec. 2023)


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What is SAI.TECH Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SAI.TECH Global's accounts receivables for the quarter that ended in Dec. 2023 was $0.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SAI.TECH Global's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 43.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SAI.TECH Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.11.

SAI.TECH Global Accounts Receivable Historical Data

The historical data trend for SAI.TECH Global'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.

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SAI.TECH Global Accounts Receivable Chart

SAI.TECH Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 0.05 1.17 1.54 0.90

SAI.TECH Global Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial 1.17 0.68 1.54 2.02 0.90

SAI.TECH Global Accounts Receivable Calculation

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

SAI.TECH Global 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.

SAI.TECH Global's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.9/3.75*91
=43.80

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

SAI.TECH Global's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(3.257+0.75 * 0.9+0.5 * 0.044-1.256
-0-0)/24.0439
=0.11

* 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.

SAI.TECH Global Accounts Receivable Related Terms

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SAI.TECH Global (SAI.TECH Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAI.TECH Global Corp (NAS:SAI) » Definitions » Accounts Receivable
Comparable Companies
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Traded in Other Exchanges
N/A
Address
195 Pearl’s Hill Terrace, Number 01-05, Singapore, SGP, 168976
Website
https://www.sai.tech
SAI.TECH Global Corp is an energy saving mining operator that engages in the hosting of bitcoin mining machines for its clients. It uses a proprietary liquid cooling and heat exchange technology towards mining machines that enables utilization of waste heat to provide recycled energy heating for potential customers while achieving lower mining operating costs. The Company has two reportable segments namely equipment sales & hosting and mining pool business.
Executives
Michael Davidov director 60 EAST 42 STREET, NEW YORK NY 10165
Tao Jiang director 3 STONER AVE, GREAT NECK NY 11021
Luqi Wen officer: CFO and Secretary 3 STONER AVE, GREAT NECK NY 11021
Jianwei Li director, 10 percent owner, officer: Chairman and Co-CEO 3 STONER AVE, GREAT NECK NY 11021
David Xianglin Li director 3 STONER AVE, GREAT NECK NY 11021
Tradeup Global Sponsor Llc director, 10 percent owner 3 STONER AVE, GREAT NECK NY 11021
Lei Huang officer: Co-Chief Executive Officer 3 STONER AVE, GREAT NECK NY 10021