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EM (Smart Share Global) Accounts Receivable : $47.9 Mil (As of Sep. 2024)


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What is Smart Share Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Smart Share Global's accounts receivables for the quarter that ended in Sep. 2024 was $47.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Smart Share Global's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 62.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Smart Share Global's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.96.


Smart Share Global Accounts Receivable Historical Data

The historical data trend for Smart Share 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.

* Premium members only.

Smart Share Global Accounts Receivable Chart

Smart Share Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
3.45 2.87 2.34 2.36 37.78

Smart Share Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 33.40 37.78 38.70 41.47 47.86

Smart Share Global Accounts Receivable Calculation

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


Smart Share 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.

Smart Share Global's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=47.858/69.359*91
=62.96

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

Smart Share Global's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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)
=(409.447+0.75 * 47.858+0.5 * 22.966-211.408
-0-0)/256.051
=0.96

* 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.


Smart Share Global Accounts Receivable Related Terms

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Smart Share Global Business Description

Traded in Other Exchanges
N/A
Address
799 Tianshan W Road, 6th Floor, Changning District, Shanghai, CHN, 200335
Smart Share Global Ltd is a consumer tech company providing mobile device charging service through an extensive online and offline network in China. It provides service through power banks, placed in POIs operated by location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. Through the mini-programs, users rent the power banks to carry with them when use the service and can return the power banks at any of the POIs, enabled by the expansive network and powerful technologies.