Able View Global (Able View Global) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)

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What is Able View Global Change In Receivables?

Able View Global's change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Able View Global's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Able View Global's change in receivables for the fiscal year that ended in Dec. 2023 was $7.9 Mil. It means Able View Global's Accounts Receivable declined by $7.9 Mil from Dec. 2022 to Dec. 2023 .

Able View Global's Accounts Receivable for the quarter that ended in Dec. 2023 was $14.5 Mil.

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 Receivable are being managed. Able View Global's Days Sales Outstanding for the six months ended in Dec. 2023 was 39.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Able View Global's liquidation value for the six months ended in Dec. 2023 was $-10.6 Mil.

Able View Global Change In Receivables Historical Data

The historical data trend for Able View Global's Change In Receivables 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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Able View Global Change In Receivables Chart

Able View Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

1.38

-5.29

-12.34

7.95

Able View Global Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			4.38	-4.20	-8.15	-	-

Able View Global Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Able View Global (NAS:ABLV) Change In Receivables 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 Receivable are being managed.

Able View Global's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	14.476	/	67.336	*	91
=	39.23

2. In Ben Graham's calculation of liquidation value, Able View Global's accounts receivable are only considered to be worth 75% of book value:

Able View Global's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13.328	-	43.491	+	0.75 * 14.476	+	0.5 * 17.426
=	-10.6

Able View Global Change In Receivables Related Terms

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Able View Global (Able View Global) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001

Website

Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various global brand owners to Chinese consumers.

Able View Global (Able View Global) Headlines

From GuruFocus

Able View Global Inc. Reports Fiscal Year 2023 Results

By ACCESSWIRE • 05-01-2024