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BNN Technology (LSE:BNN) Accounts Receivable : £0.12 Mil (As of Jun. 2017)


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What is BNN Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BNN Technology's accounts receivables for the quarter that ended in Jun. 2017 was £0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BNN Technology's Days Sales Outstanding for the quarter that ended in Jun. 2017 was 4.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BNN Technology's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was £0.01.


BNN Technology Accounts Receivable Historical Data

The historical data trend for BNN 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.

* Premium members only.

BNN Technology Accounts Receivable Chart

BNN Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Receivable
Get a 7-Day Free Trial 0.11 0.39 0.89 0.02 0.09

BNN Technology Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.02 0.09 0.12

BNN Technology Accounts Receivable Calculation

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


BNN 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.

BNN Technology's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.12/4.627*91
=4.73

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

BNN Technology's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 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)
=(28.732+0.75 * 0.12+0.5 * 0.003-27.545
-0-0.039)/238.613
=0.01

* 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.


BNN Technology Accounts Receivable Related Terms

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BNN Technology (LSE:BNN) Business Description

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BNN Technology PLC is a digital content and payment services company from China. The company provides software technology to its client for online payments and on mobile apps. It also engages in the development of digital content for both online and mobile. The organizational business is spread across over 10 provinces in China. BNN also has a joint venture with the Heilongjiang Provincial Sports Bureau (HSB) providing support services to all of HSB's commercial activities. The firm's digital business generates the majority of its revenues.

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