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Iveda Solutions (Iveda Solutions) Accounts Receivable : $0.20 Mil (As of Mar. 2024)


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What is Iveda Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Iveda Solutions's accounts receivables for the quarter that ended in Mar. 2024 was $0.20 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Iveda Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 53.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Iveda Solutions's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $N/A.


Iveda Solutions Accounts Receivable Historical Data

The historical data trend for Iveda Solutions'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.

Iveda Solutions Accounts Receivable Chart

Iveda Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.23 0.49 1.22 0.28

Iveda Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.51 0.24 0.44 0.28 0.20

Iveda Solutions Accounts Receivable Calculation

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


Iveda Solutions 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.

Iveda Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.204/0.347*91
=53.65

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

Iveda Solutions's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(3.899+0.75 * 0.204+0.5 * 0.49-1.957
-0--0.11)/0
=N/A

* 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.


Iveda Solutions Accounts Receivable Related Terms

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Iveda Solutions (Iveda Solutions) Business Description

Traded in Other Exchanges
Address
1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204
Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).