Able View Global (Able View Global) Accounts Receivable : $14.5 Mil (As of Dec. 2023)

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What is Able View Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Able View Global's accounts receivables for the quarter that ended in Dec. 2023 was $14.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Able View Global's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 39.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Able View Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.25.

Able View Global Accounts Receivable Historical Data

The historical data trend for Able View 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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Able View Global Accounts Receivable Chart

Able View Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

5.29

10.41

21.14

14.48

Able View Global Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			10.41	16.02	21.14	16.91	14.48

Able View Global Accounts Receivable Calculation

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

Able View 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.

Able View 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
=	14.476	/	67.336	*	91
=	39.23

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

Able View 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)
=	(13.328	+	0.75 * 14.476	+	0.5 * 17.426	-	43.491
-	0	-	0)	/	42.1188
=	-0.25

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.

Able View Global Accounts Receivable Related Terms

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Able View Global (Able View Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001

Website

Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various global brand owners to Chinese consumers.

Able View Global (Able View Global) Headlines

From GuruFocus

Able View Global Inc. Reports Fiscal Year 2023 Results

By ACCESSWIRE • 05-01-2024