Blue Hat Interactive Entertainment Technology (FRA:4Y8) Accounts Receivable : €22.85 Mil (As of Jun. 2024)

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What is Blue Hat Interactive Entertainment Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blue Hat Interactive Entertainment Technology's accounts receivables for the quarter that ended in Jun. 2024 was €22.85 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Blue Hat Interactive Entertainment Technology's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 343.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Blue Hat Interactive Entertainment Technology's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €23.37.

Blue Hat Interactive Entertainment Technology Accounts Receivable Historical Data

The historical data trend for Blue Hat Interactive Entertainment Technology'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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Blue Hat Interactive Entertainment Technology Accounts Receivable Chart

Blue Hat Interactive Entertainment Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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12.27

13.05

14.76

8.66

13.90

Blue Hat Interactive Entertainment Technology Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Receivable	Get a 7-Day Free Trial									13.19	8.66	8.23	13.90	22.85

Blue Hat Interactive Entertainment Technology Accounts Receivable Calculation

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

Blue Hat Interactive Entertainment Technology 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.

Blue Hat Interactive Entertainment Technology's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	22.849	/	12.15	*	91
=	343.21

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

Blue Hat Interactive Entertainment Technology's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(2.763	+	0.75 * 22.849	+	0.5 * 5.15	-	8.803
-	0	-	0)	/	0.585
=	23.37

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.

Blue Hat Interactive Entertainment Technology Accounts Receivable Related Terms

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Blue Hat Interactive Entertainment Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Blue Hat Interactive Entertainment Technology (FRA:4Y8) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

BHAT:USA

Address

No. 1010 Anling Road, 7th Floor, Building C, Huli District, Xiamen, CHN, 361009

Website

https://www.ir.bluehatgroup.com

Blue Hat Interactive Entertainment Technology is a producer, developer, and operator of augmented reality (AR) interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The company's products include AR Racer, AR Crazy Bug, AR 3D Magic Box, AR Dinosaur, Talking Tom and Friends Bouncing Bubble, and Immersive Education Classes. The company reports in the following segments: Interactive toys - animation series, Interactive toys - game series, and Mobile games, Information services, and Communication services, out of which the majority of the revenue is generated from the game series. The majority of its revenues are generated in China.

Blue Hat Interactive Entertainment Technology Headlines

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