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Movella Holdings (FRA:Z5K) Accounts Receivable : €5.09 Mil (As of Jun. 2023)


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What is Movella Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Movella Holdings's accounts receivables for the quarter that ended in Jun. 2023 was €5.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Movella Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 60.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Movella Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-0.20.


Movella Holdings Accounts Receivable Historical Data

The historical data trend for Movella 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.

Movella Holdings Accounts Receivable Chart

Movella Holdings Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
2.74 3.96 6.32

Movella Holdings Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Accounts Receivable Get a 7-Day Free Trial - 4.06 6.32 4.41 5.09

Movella Holdings Accounts Receivable Calculation

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


Movella 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.

Movella Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.092/7.715*91
=60.23

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

Movella Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(47.08+0.75 * 5.092+0.5 * 5.859-62.825
-0-1.049)/50.9074
=-0.20

* 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.


Movella Holdings Accounts Receivable Related Terms

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Movella Holdings (FRA:Z5K) Business Description

Traded in Other Exchanges
Address
3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Movella Holdings Inc is a full-stack provider of sensors, software, and analytics that enable the digitization of movement. It serves the entertainment, health & sports, and automation & mobility markets.

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