DDC Enterprise (DDC Enterprise) Accounts Receivable : $0.00 Mil (As of Sep. 2023)

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What is DDC Enterprise Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DDC Enterprise's accounts receivables for the quarter that ended in Sep. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DDC Enterprise's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DDC Enterprise's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $N/A.

DDC Enterprise Accounts Receivable Historical Data

The historical data trend for DDC Enterprise'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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DDC Enterprise Accounts Receivable Chart

DDC Enterprise Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Receivable

1.61

1.82

3.86

DDC Enterprise Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Receivable	Get a 7-Day Free Trial				-	3.86	2.98	3.20	-

DDC Enterprise Accounts Receivable Calculation

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

DDC Enterprise 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.

DDC Enterprise'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	/	10.645	*	91
=	0.00

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

DDC Enterprise's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(0	+	0.75 * 0	+	0.5 * 0	-	N/A
-	0	-	0)	/	19.2832
=	N/A

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.

DDC Enterprise Accounts Receivable Related Terms

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DDC Enterprise (DDC Enterprise) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DDC Enterprise Ltd (AMEX:DDC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

233 Hollywood Road, Room 1601-1602, 16th Floor, Hollywood Centre, Sheung Wan, HKG

Website

https://www.daydaycook.com.cn

DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat , ready-to-cook and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to Millennial and Generation Z customer-base. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.