Ai-Media Technologies (Ai-Media Technologies) Accounts Receivable : $6.34 Mil (As of Dec. 2023)

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What is Ai-Media Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ai-Media Technologies's accounts receivables for the quarter that ended in Dec. 2023 was $6.34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ai-Media Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 52.82.

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

Ai-Media Technologies Accounts Receivable Historical Data

The historical data trend for Ai-Media Technologies'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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Ai-Media Technologies Accounts Receivable Chart

Ai-Media Technologies Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Receivable

9.47

8.15

7.12

Ai-Media Technologies Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			9.81	8.15	7.52	7.12	6.34

Ai-Media Technologies Accounts Receivable Calculation

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

Ai-Media Technologies 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.

Ai-Media Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.34	/	21.906	*	91
=	52.82

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

Ai-Media Technologies'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)
=	(7.92	+	0.75 * 6.34	+	0.5 * 1.124	-	10.912
-	0	-	0)	/	208.814
=	0.01

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.

Ai-Media Technologies Accounts Receivable Related Terms

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Ai-Media Technologies (Ai-Media Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ai-Media Technologies Ltd (OTCPK:AINHF) » Definitions » Accounts Receivable

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Traded in Other Exchanges

AIM:Australia

Address

103 Miller Street, Level 1, North Sydney, NSW, AUS, 2060

Website

https://www.ai-media.tv

Ai-Media Technologies Ltd is a provider of live and recorded captioning, transcription, subtitles, translation, and speech analytics using a proprietary, cloud-based technology platform. The company has three operating segments based on geographical locations: Australia and New Zealand, North America (which includes Canada and the United States of America), and the Rest of the world (which includes the United Kingdom, Singapore, and Malaysia) and the majority of its revenue generates from North America.