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Entrepreneur Universe Bright Group (Entrepreneur Universe Bright Group) Accounts Receivable : $0.63 Mil (As of Dec. 2023)


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What is Entrepreneur Universe Bright Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Entrepreneur Universe Bright Group's accounts receivables for the quarter that ended in Dec. 2023 was $0.63 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Entrepreneur Universe Bright Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 35.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Entrepreneur Universe Bright Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.01.

Entrepreneur Universe Bright Group Accounts Receivable Historical Data

The historical data trend for Entrepreneur Universe Bright Group'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.

Entrepreneur Universe Bright Group Accounts Receivable Chart

Entrepreneur Universe Bright Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.20 0.07 0.24 0.63

Entrepreneur Universe Bright Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.70 0.42 0.64 0.63

Entrepreneur Universe Bright Group Accounts Receivable Calculation

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

Entrepreneur Universe Bright Group 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.

Entrepreneur Universe Bright Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.633/1.641*91
=35.20

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

Entrepreneur Universe Bright Group'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)
=(9.324+0.75 * 0.633+0.5 * 0-1.031
-0-0)/1701.18
=0.01

* 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.

Entrepreneur Universe Bright Group Accounts Receivable Related Terms

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Entrepreneur Universe Bright Group (Entrepreneur Universe Bright Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Entrepreneur Universe Bright Group (OTCPK:EUBG) » Definitions » Accounts Receivable
Comparable Companies
CRAI FC FORR RGP FLCX VCIG AERT WSCO DFCO GRNQ LSE:EXPN VRSK EFX BAH XSWX:SGSN TRU XPAR:BVI FCN TSE:6532 XSWX:DKSH
Traded in Other Exchanges
N/A
Address
No. 170, Weiyang Road, Suite 907, Saigao City Plaza Building 2, Xi’an, CHN
Website
https://www.eubggroup.com
Entrepreneur Universe Bright Group is mainly engaged in provision of digital marketing consultation services and digital training related services in China. The company generates the majority of its revenues by providing consulting services to its clients.
Executives
Glory Honor Holding Co., Ltd 10 percent owner RM 907, ENTERPRISE HEADQUARTERS BLDG, BLDG 2, SAIGAO CITY PLAZA,170 WEIYANG RD, XI'AN F4 710000
Tethys Fountain Ltd. 10 percent owner 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Guolin Tao director, 10 percent owner, officer: CEO, CFO, SECRETARY 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Lijun Yuan director 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Jianyong Li director 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Dominique Einhorn director, 10 percent owner, officer: President
Michelle Quinlan 10 percent owner 8343 E EARLL DR, SCOTTSDALE AZ 85251