OGAA (Organic Agricultural Co) Accounts Receivable: $0.31 Mil (As of Dec. 2023)

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What is Organic Agricultural Co Accounts Receivable?

Organic Agricultural Co OGAA Accounts Receivable is $0.31 Mil as of Dec. 2023.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Organic Agricultural Co's accounts receivables for the quarter that ended in Dec. 2023 was $0.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Organic Agricultural Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 96.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Organic Agricultural Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.00.

Organic Agricultural Co 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.

Organic Agricultural Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.313/0.297*91
=96.17

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

Organic Agricultural Co'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)
=(0.06+0.75 * 0.313+0.5 * 0.146-0.201
-0-0)/93.727
=0.00

* 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.

Organic Agricultural Co Accounts Receivable Related Terms

Organic Agricultural Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Organic Agricultural Co'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.

Organic Agricultural Co Accounts Receivable Chart

Organic Agricultural Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.01 0.00 0.00 0.01

Organic Agricultural Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.00 0.03 0.31

Organic Agricultural Co Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.31 Mil mean?
Organic Agricultural Co (OGAA) has a Accounts Receivable of $0.31 Mil as of Dec. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Organic Agricultural Co and its competitors.
Is Organic Agricultural Co's Accounts Receivable too high?
Organic Agricultural Co's current Accounts Receivable is $0.31 Mil.
How does Organic Agricultural Co's Accounts Receivable compare to ADM and TSN?
Organic Agricultural Co's Accounts Receivable of $0.31 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Organic Agricultural Co and its competitors. Organic Agricultural Co's current Accounts Receivable is $0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Organic Agricultural Co stock overvalued right now?
Organic Agricultural Co (OGAA) has a current Accounts Receivable of $0.31 Mil. The current Accounts Receivable is $0.31 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Organic Agricultural Co (OGAA), the current Accounts Receivable is $0.31 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Organic Agricultural Co Business Description

Address High and New Technology Industrial Development District, Room G504 G506 G509 G510, Building No. 3, Kejichuangxincheng Chuangxinchuangye Plaza, Heilongjiang Province, Harbin, CHN, 150090
Organic Agricultural Co Ltd is engaged in manufacturing of agricultural products, rice, coarse cereals, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products.