Meiwu Technology Co (Meiwu Technology Co) Change In Receivables : $0.00 Mil (TTM As of Jun. 2023)

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What is Meiwu Technology Co Change In Receivables?

Meiwu Technology Co's change in receivables for the quarter that ended in Jun. 2023 was $0.00 Mil. It means Meiwu Technology Co's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Meiwu Technology Co's change in receivables for the fiscal year that ended in Dec. 2022 was $-4.10 Mil. It means Meiwu Technology Co's Accounts Receivable increased by $4.10 Mil from Dec. 2021 to Dec. 2022 .

Meiwu Technology Co's Accounts Receivable for the quarter that ended in Jun. 2023 was $5.01 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. Meiwu Technology Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 85.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Meiwu Technology Co's liquidation value for the six months ended in Jun. 2023 was $7.01 Mil.

Meiwu Technology Co Change In Receivables Historical Data

The historical data trend for Meiwu Technology Co'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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Meiwu Technology Co Change In Receivables Chart

Meiwu Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

0.05

-0.42

0.02

-4.10

Meiwu Technology Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial					0.44	-0.43	-	-	-

Meiwu Technology Co 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

Meiwu Technology Co (NAS:WNW) 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.

Meiwu Technology Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.008	/	10.683	*	91
=	85.55

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

Meiwu Technology Co's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	15.784	-	12.658	+	0.75 * 5.008	+	0.5 * 0.259
=	7.01

Meiwu Technology Co Change In Receivables Related Terms

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Meiwu Technology Co (Meiwu Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meiwu Technology Co Ltd (NAS:WNW) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 743 Zhoushi Road, Hangcheng Street, 1602, Building C, Shenye Century Industrial Center, Bao’an District, Shenzhen, CHN

Website

https://www.wnw108.com

Meiwu Technology Co Ltd operates as an online food retail store and franchise restaurants in China. The products offered include green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications, and pollution-free products. It operates in three segments: Clean Food Platform, which generates nearly all of its revenue; Restaurant; and Others.