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DouYu International Holdings (FRA:DY8) Accounts Receivable : €9.4 Mil (As of Dec. 2023)


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What is DouYu International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DouYu International Holdings's accounts receivables for the quarter that ended in Dec. 2023 was €9.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DouYu International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 5.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DouYu International Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €19.39.


DouYu International Holdings Accounts Receivable Historical Data

The historical data trend for DouYu International Holdings'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.

DouYu International Holdings Accounts Receivable Chart

DouYu International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 24.14 25.11 26.59 14.78 9.43

DouYu International Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.78 13.83 11.62 9.75 9.43

DouYu International Holdings Accounts Receivable Calculation

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


DouYu International Holdings 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.

DouYu International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.433/166.438*91
=5.17

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

DouYu International Holdings'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)
=(790.688+0.75 * 9.433+0.5 * 0-177.586
-0-0)/31.9777
=19.39

* 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.


DouYu International Holdings Accounts Receivable Related Terms

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DouYu International Holdings (FRA:DY8) Business Description

Traded in Other Exchanges
Address
No. 473 Guanshan Avenue, 20th Floor, Building A, New Development International Center, Hongshan District, Hubei Province, Wuhan, CHN, 430073
DouYu International Holdings Ltd is a game-centric live streaming platform in China. The company operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. It generates revenues through live streaming and advertisement.

DouYu International Holdings (FRA:DY8) Headlines

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