AGII (AgiiPlus) Accounts Receivable: $10.17 Mil (As of Dec. 2023)

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What is AgiiPlus Accounts Receivable?

AgiiPlus AGII Accounts Receivable is $10.17 Mil as of Dec. 2023.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AgiiPlus's accounts receivables for the quarter that ended in Dec. 2023 was $10.17 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. AgiiPlus's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.29.


AgiiPlus 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.169/0*91
=

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

AgiiPlus'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)
=(0.1+0.75 * 10.169+0.5 * 0-197.878
-0.001-0)/44.347
=-4.29

* 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.


AgiiPlus Accounts Receivable Related Terms


AgiiPlus Accounts Receivable Historical Data

* Premium members only.

The historical data trend for AgiiPlus'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.

AgiiPlus Accounts Receivable Chart

AgiiPlus Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
2.79 2.42 5.63 10.17

AgiiPlus Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial 2.42 6.44 5.63 7.19 10.17

AgiiPlus Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $10.17 Mil mean?
AgiiPlus (AGII) has a Accounts Receivable of $10.17 Mil as of Dec. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on AgiiPlus and its competitors.
Is AgiiPlus' Accounts Receivable too high?
AgiiPlus' current Accounts Receivable is $10.17 Mil.
How does AgiiPlus' Accounts Receivable compare to ?
AgiiPlus' Accounts Receivable of $10.17 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Software company?
A good Accounts Receivable depends on the Software industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on AgiiPlus and its competitors. AgiiPlus's current Accounts Receivable is $10.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AgiiPlus stock overvalued right now?
AgiiPlus (AGII) has a current Accounts Receivable of $10.17 Mil. The current Accounts Receivable is $10.17 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For AgiiPlus (AGII), the current Accounts Receivable is $10.17 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AgiiPlus Business Description

Comparable Companies
Address 222 Hubin Road, Distrii Center, 18th Floor, Link Square 1, Huangpu District, Shanghai, CHN, 200021
AgiiPlus Inc offers an integrated platform connecting onsite workspaces and digital services through technology. Through its subsidiaries, AgiiPlus offers office leasing and enterprise services under the brand "Tangtang," and, through its subsidiaries, AgiiPlus maintains the Distrii app, the proprietary official app for workspace members, offering AgiiPlus' workspace members a seamless experience beyond physical spaces with easy access to enterprise services. The firm has one operating segment with three revenue streams including workspace leasing & operation revenue, renovation & smart building technology revenue, and brokerage & enterprise service revenue.