GURUFOCUS.COM » STOCK LIST » USA » OTCPK » Visiber57 Corp (OTCPK:VCOR) » Definitions » Accounts Receivable
Switch to:

Visiber57 (OTCPK:VCOR) Accounts Receivable

: $0.00 Mil (As of Feb. 2023)
View and export this data going back to 2016. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Visiber57's accounts receivables for the quarter that ended in Feb. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Visiber57's Net-Net Working Capital per share for the quarter that ended in Feb. 2023 was $-0.06.


Visiber57 Accounts Receivable Historical Data

The historical data trend for Visiber57'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.

Visiber57 Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Accounts Receivable
Premium Member Only Premium Member Only Premium Member Only - - - - -

Visiber57 Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
Accounts Receivable 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Visiber57 Accounts Receivable Calculation

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


Visiber57 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.

Visiber57's Days Sales Outstanding for the quarter that ended in Feb. 2023 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Visiber57's accounts receivable are only considered to be worth 75% of book value:

Visiber57's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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 * 0-0.389
-0-0)/7
=-0.06

* 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.


Visiber57 Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Visiber57's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Visiber57 (OTCPK:VCOR) Business Description

Traded in Other Exchanges
N/A
Address
Yanping North Road, No. 104-2F, Section 1, Datong District, Taipei, TWN, 10341
Visiber57 Corp is a shell company.
Executives
Chip Jin Eng officer: Chief Financial Officer UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 00000
Choong Jeng Hew director, 10 percent owner, officer: CEO & President UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 0000000
57 Society International Ltd 10 percent owner UNIT B19, 9/F EFFICIENCY HOUSE, 35 TAI YAU STREET, SAN PO KONG, KOWLOON K3 00000

Visiber57 (OTCPK:VCOR) Headlines

No Headlines