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ZW Data Action Technologies (LTS:0HXO) Change In Receivables : $0.59 Mil (TTM As of Sep. 2023)


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What is ZW Data Action Technologies Change In Receivables?

ZW Data Action Technologies's change in receivables for the quarter that ended in Sep. 2023 was $0.07 Mil. It means ZW Data Action Technologies's Accounts Receivable declined by $0.07 Mil from Jun. 2023 to Sep. 2023 .

ZW Data Action Technologies's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.22 Mil. It means ZW Data Action Technologies's Accounts Receivable increased by $0.22 Mil from Dec. 2021 to Dec. 2022 .

ZW Data Action Technologies's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.77 Mil.

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 Receivable are being managed. ZW Data Action Technologies's Days Sales Outstanding for the three months ended in Sep. 2023 was 7.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ZW Data Action Technologies's liquidation value for the three months ended in Sep. 2023 was $-4.65 Mil.


ZW Data Action Technologies Change In Receivables Historical Data

The historical data trend for ZW Data Action Technologies's Change In Receivables 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.

ZW Data Action Technologies Change In Receivables Chart

ZW Data Action Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 0.84 0.14 -0.99 -0.22

ZW Data Action Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Receivables 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 0.08 -0.07 -0.06 0.64 0.07

ZW Data Action Technologies Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.59 Mil.

* 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.


ZW Data Action Technologies  (LTS:0HXO) Change In Receivables 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 Receivable are being managed.

ZW Data Action Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.771/9.181*91
=7.66

2. In Ben Graham's calculation of liquidation value, ZW Data Action Technologies's accounts receivable are only considered to be worth 75% of book value:

ZW Data Action Technologies's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.314-6.538+0.75 * 0.771+0.5 * 0
=-4.65

* 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.


ZW Data Action Technologies Change In Receivables Related Terms

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ZW Data Action Technologies (LTS:0HXO) Business Description

Traded in Other Exchanges
Address
No. 2 Fengfu Road, Room 1811, Xinghuo Keji Plaza, Fengtai District, Beijing, CHN, 100195
ZW Data Action Technologies Inc is engaged in providing Internet advertising, precision marketing, e-commerce online to offline (O2O) advertising and marketing services as well as the related data and technical services to small and medium enterprises in the PRC. It offers a variety channels of advertising and marketing services through its system, including distribution of the right to use search engine marketing services, provision of online advertising placements on its web portals, provision of ecommerce O2O advertising and marketing services and provision of other related value-added data and technical services to maximize market exposure and effectiveness for clients.

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