Near Intelligence (Near Intelligence) Accounts Receivable : $23.22 Mil (As of Jun. 2023)

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What is Near Intelligence Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Near Intelligence's accounts receivables for the quarter that ended in Jun. 2023 was $23.22 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Near Intelligence's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 119.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Near Intelligence's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-2.29.

Near Intelligence Accounts Receivable Historical Data

The historical data trend for Near Intelligence'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.

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Near Intelligence Accounts Receivable Chart

Near Intelligence Annual Data

Trend

Dec20

Dec21

Accounts Receivable

13.15

16.76

Near Intelligence Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23
Accounts Receivable	Get a 7-Day Free Trial				-	25.20	27.10	25.23	23.22

Near Intelligence Accounts Receivable Calculation

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

Near Intelligence 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	23.217	/	17.709	*	91
=	119.63

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

Near Intelligence'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)
=	(24.323	+	0.75 * 23.217	+	0.5 * 0	-	157.767
-	0	-	0)	/	50.5883
=	-2.29

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.

Near Intelligence Accounts Receivable Related Terms

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Near Intelligence (Near Intelligence) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Near Intelligence Inc (OTCPK:NIRLQ) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 W Walnut Street, 4th Floor, Pasadena, CA, USA

Website

https://www.near.com

Near Intelligence Inc is a global, full stack data intelligence software as a service platform that stitches and enriches data on people and places from which its customers can derive actionable intelligence of consumer behavior to help its customers make meaningful decisions.

Executives

Richard J Salute	director	P O BOX 306, WOODBURY NY 11797
Sherman Iii Edmiston	director	ONE CITYPLACE DRIVE, SUITE 300, ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Kathryn Petralia	director	TRICOLOR HOLDINGS, INC., 6021 CONNECTION DRIVE, 4TH FLOOR, IRVING TX 75039
Mark N Greene	director	901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Um Legacy Llc	10 percent owner	130 WEST UNION STREET, PASADENA CA 91103
Jpmorgan Chase & Co	10 percent owner	383 MADISON AVENUE, NEW YORK NY 10017
Cecil Capital Pte. Ltd.	10 percent owner	160 ROBINSON ROAD, #20-03, SINGAPORE U0 068914
Shobhit Shukla	officer: President	1096 KEELER AVENUE, BERKELEY CA 94708
Gladys Kong	officer: COO and Secretary	1096 KEELER AVENUE, BERKELEY CA 94708
Rahul Agarwal	officer: Chief Financial Officer	1096 KEELER AVENUE, BERKELEY CA 94708
Anil Mathews	director, officer: CEO and Chairman	1096 KEELER AVENUE, BERKELEY CA 94708
Jay Angelo	officer: General Counsel	1096 KEELER AVENUE, BERKELEY CA 94708
Sequoia Capital India Iii Ltd.	10 percent owner	2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Ronald Steger	director	13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Blake Ross	10 percent owner	1887 WHITNEY MESA DRIVE, #2070, HENDERSON NV 89014