GURUFOCUS.COM » STOCK LIST » Technology » Software » Newborn Town Inc (HKSE:09911) » Definitions » Accounts Receivable

Newborn Town (HKSE:09911) Accounts Receivable : HK$266 Mil (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Newborn Town Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Newborn Town's accounts receivables for the quarter that ended in Dec. 2023 was HK$266 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Newborn Town's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 22.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Newborn Town's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.07.


Newborn Town Accounts Receivable Historical Data

The historical data trend for Newborn Town'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.

Newborn Town Accounts Receivable Chart

Newborn Town Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 181.81 171.16 179.76 184.12 265.96

Newborn Town Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 179.76 184.89 184.12 191.54 265.96

Newborn Town Accounts Receivable Calculation

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


Newborn Town 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.

Newborn Town's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=265.964/2114.538*91
=22.95

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

Newborn Town'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)
=(1703.351+0.75 * 265.964+0.5 * 21.111-922.45
-0-904.065)/1191.22
=0.07

* 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.


Newborn Town Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Newborn Town's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Newborn Town (HKSE:09911) Business Description

Traded in Other Exchanges
N/A
Address
Xiaoyun Road 33rd Building, 6th Floor, Tower B, Chaoyang District, Beijing, CHN
Newborn Town Inc is a mobile app developer and mobile advertising platform services provider based on AI technologies. The company operates through two segments namely, Social networking business and Innovative business. It generates majority revenue from Social networking business segment.
Executives
Li Ping
Liu Chunhe 2201 Interest of corporation controlled by you
Parallel World Limited
Spriver Tech Limited 2101 Beneficial owner
Bgfg Limited
Du Li 2201 Interest of corporation controlled by you
Phoenix Auspicious Fintech Investment L.p.
Phoenix Wealth (cayman) Asset Management Limited
Phoenix Wealth (hong Kong) Asset Management Limited

Newborn Town (HKSE:09911) Headlines

No Headlines