CVTV (China VTV) Accounts Receivable: $ Mil (As of Aug. 2021)

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What is China VTV Accounts Receivable?

China VTV CVTV Accounts Receivable is $ Mil as of Aug. 2021.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China VTV's accounts receivables for the quarter that ended in Aug. 2021 was $ Mil.

Accounts receivable can be measured by Days Sales Outstanding. China VTV's Days Sales Outstanding for the quarter that ended in Aug. 2021 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China VTV's Net-Net Working Capital per share for the quarter that ended in Aug. 2021 was $-0.01.

China VTV 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.

China VTV's Days Sales Outstanding for the quarter that ended in Aug. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=/0.0081120000000122*91
=0.00

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

China VTV's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2021 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)
=(0.003584+0.75 * +0.5 * 0-1.483604
-0-0)/286.36
=-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.

China VTV Accounts Receivable Related Terms

China VTV Accounts Receivable Historical Data

* Premium members only.

The historical data trend for China VTV'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.

China VTV Accounts Receivable Chart

China VTV Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Accounts Receivable
Get a 7-Day Free Trial - - 0.00 - -

China VTV Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 May20 Aug20 Nov20 May21 Aug21
Accounts Receivable Get a 7-Day Free Trial 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 0.65 0.16 0.39 - -

China VTV 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 $ Mil mean?
China VTV (CVTV) has a Accounts Receivable of $ Mil as of Aug. 2021. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on China VTV and its competitors.
Is China VTV's Accounts Receivable too high?
China VTV's current Accounts Receivable is $ Mil.
How does China VTV's Accounts Receivable compare to REBL and CSSE?
China VTV's Accounts Receivable of $ Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Accounts Receivable depends on the Interactive Media 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 China VTV and its competitors. China VTV's current Accounts Receivable is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current Accounts Receivable of $ Mil. The current Accounts Receivable is $ 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 China VTV (CVTV), the current Accounts Receivable is $ Mil as of Aug. 2021. 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.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is a Hong Kong-based online entertainment and media company. It operates an internet-based platform that distributes news, videos, television shows, travel programs, and other entertainment content to end-user devices including computers, smart TVs, smartphones, and tablets. The company has developed a blockchain-based cloud platform intended to support content distribution and audience interaction. Its content offerings emphasize entertainment and interactive programming. China VTV generates revenue through the sale of copyrights, original stories, and finished media products, as well as through licensing literary copyrights and providing advertising services. The company targets online audiences and content consumers, primarily in the Chinese-language market, and operates at an early stage of commercial development.