DAZSD (Da Ai Zhi Shui International Holding Group) Accounts Receivable: $0.69 Mil (As of May. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DAZSD Da Ai Zhi Shui International Holding Group Ltd DAZSD
23 GF Score
Price $3.35
View Full Analysis

What is Da Ai Zhi Shui International Holding Group Accounts Receivable?

Da Ai Zhi Shui International Holding Group DAZSD 23 Accounts Receivable is $0.69 Mil as of May. 2023. GuruFocus rates DAZSD with a GF Score™ of 23/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Da Ai Zhi Shui International Holding Group's accounts receivables for the quarter that ended in May. 2023 was $0.69 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Da Ai Zhi Shui International Holding Group's Days Sales Outstanding for the quarter that ended in May. 2023 was 32.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Da Ai Zhi Shui International Holding Group's Net-Net Working Capital per share for the quarter that ended in May. 2023 was $-0.06.

Da Ai Zhi Shui International Holding Group 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.

Da Ai Zhi Shui International Holding Group's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.685/3.79*91
=32.98

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Da Ai Zhi Shui International Holding Group's accounts receivable are only considered to be worth 75% of book value:

Da Ai Zhi Shui International Holding Group's Net-Net Working Capital Per Share for the quarter that ended in May. 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)
=(0.042+0.75 * 0.685+0.5 * 0-1.334
-0--0.001)/13.000
=-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.

Da Ai Zhi Shui International Holding Group Accounts Receivable Related Terms

Da Ai Zhi Shui International Holding Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Da Ai Zhi Shui International Holding Group'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.

Da Ai Zhi Shui International Holding Group Accounts Receivable Chart

Da Ai Zhi Shui International Holding Group Annual Data
Trend May21 May22 May23
Accounts Receivable
0.27 0.28 0.69

Da Ai Zhi Shui International Holding Group Semi-Annual Data
May21 May22 May23
Accounts Receivable 0.27 0.28 0.69
DAZSD
23GF Score
Da Ai Zhi Shui International Holding Group Ltd DAZSD
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Da Ai Zhi Shui International Holding Group 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 $0.69 Mil mean?
Da Ai Zhi Shui International Holding Group (DAZSD) has a Accounts Receivable of $0.69 Mil as of May. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Da Ai Zhi Shui International Holding Group and its competitors.
Is Da Ai Zhi Shui International Holding Group's Accounts Receivable too high?
Da Ai Zhi Shui International Holding Group's current Accounts Receivable is $0.69 Mil. Overall, Da Ai Zhi Shui International Holding Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Da Ai Zhi Shui International Holding Group's Accounts Receivable compare to NVVE and SPEV?
Da Ai Zhi Shui International Holding Group's Accounts Receivable of $0.69 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Accounts Receivable depends on the Retail - Cyclical 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 Da Ai Zhi Shui International Holding Group and its competitors. Da Ai Zhi Shui International Holding Group's current Accounts Receivable is $0.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Ai Zhi Shui International Holding Group stock overvalued right now?
Da Ai Zhi Shui International Holding Group (DAZSD) has a current Accounts Receivable of $0.69 Mil. The current Accounts Receivable is $0.69 Mil. Da Ai Zhi Shui International Holding Group's overall GF Score™ is 23/100. 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 Da Ai Zhi Shui International Holding Group (DAZSD), the current Accounts Receivable is $0.69 Mil as of May. 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.

Da Ai Zhi Shui International Holding Group Business Description

Address No. 3 Hoi Shing Road, Workshop A2, 25th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG
Da Ai Zhi Shui International Holding Group Ltd , formerly ZKGC New Energy Ltd provides management and operations consulting services.
23GF Score

Get the complete analysis for DAZSD

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.35
Price