Network CN (Network CN) Change In Receivables : $0.20 Mil (TTM As of Mar. 2024)

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What is Network CN Change In Receivables?

Network CN's change in receivables for the quarter that ended in Mar. 2024 was $0.16 Mil. It means Network CN's Accounts Receivable declined by $0.16 Mil from Dec. 2023 to Mar. 2024 .

Network CN's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.10 Mil. It means Network CN's Accounts Receivable increased by $0.10 Mil from Dec. 2022 to Dec. 2023 .

Network CN's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.01 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. Network CN's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Network CN's liquidation value for the three months ended in Mar. 2024 was $-8.24 Mil.

Network CN Change In Receivables Historical Data

The historical data trend for Network CN'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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Network CN Change In Receivables Chart

Network CN Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.08

-0.10

Network CN Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.14	0.10	0.08	-0.14	0.16

Network CN 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.20 Mil.

Network CN (OTCPK:NWCN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.014	/	0.217	*	91
=	5.89

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

Network CN's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.003	-	8.254	+	0.75 * 0.014	+	0.5 * 0
=	-8.24

Network CN Change In Receivables Related Terms

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Network CN (Network CN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Network CN Inc (OTCPK:NWCN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 705B, 9 Science Museum Road, New East Ocean Centre, 7th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.ncnmedia.com

Network CN Inc is a media and advertising company. The company is engaged in the provision of out-of-home advertising services in China. Its suite of services ranges from media planning to advertise operations such as a network of roadside light-emitting diode (LED) digital video panels, mega-size LED digital video billboards, and lightboxes in many cities. Its revenues consist of income from out-of-home advertising panels. The company generates majority of its revenue from United States.

Executives

Frederick Wong	director	C/O 21/F, ONE HARBOUR SQUARE, 181 HOI BUN RD, KWUN TONG, HONG KONG F4 00000
Wing Kong Wong	director	C/O 21/F, ONE HARBOUR SQUARE, 181 HOI BUN RD, KWUN TONG, HONG KONG F4 00000
Cheng Sze Ki Shirley	director, officer: Chief Financial Officer	C/O 21/F, ONE HARBOUR SQUARE, 181 HOI BUN RD, KWUN TONG, HONG KONG F4 00000
Charles Liu	director	C/O NO. SUITE 3908, SHELL TOWER, TIMES SQUARE, 1 MATHESON STREET, CAUSEWAY BAY, HK K3 00000
Serge Choukroun	director	C/O STE 3908, SHELL TOWER, TIMES SQUARE, 1 MATHESON STREET, CAUSEWAY BAY, HONG KONG K3 00000
Sino Portfolio International Ltd	10 percent owner	3104 -7, 31/F, CENTRAL PLAZA, 18 HARBOUR ROAD, HONG KONG K3 00000
Chen Yang Foo Oi	10 percent owner	3104 -7, 31/F, CENTRAL PLAZA, 18 HARBOUR ROAD, HONG KONG K3 00000
Jennifer Fu	officer: Interim CFO	21/F., CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, WANCHAI K3 00000
Gerald Godfrey	director	21/F., CHINACHEM CENTURY TOWER,, 178 GLOUCESTER ROAD, WANCHAI K3 00000
Ronald Lee	director	C/O NO. 21/F., CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, WANCHAI K3 00000
Chi Wah Leung	director	FLAT 2B, OLYMPAIN MANSION, 9 CONDUIT ROAD, MID-LEVEL K3 00000
Keywin Holdings Ltd	10 percent owner	RM902, 9/FL., UNIVERSAL TRADE CENTRE,, 3 ARBUTHNOT ROAD, CENTRAL K3 00000
Tang Pui Chu	10 percent owner	FLAT 2B,OLYMPAIN MANSION, 9 CONDUIT ROAD, MID-LEVEL K3 00000
Gerd Jakob	director	21/F CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, HONG KONG F4 0000000
Ronglie Xu	director	1-1-301, HOUSING YARD, MINISTRY OF CONSTRUCTION, BEIJING F4 100037

Network CN (Network CN) Headlines

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