Integrated Media Technology (Integrated Media Technology) Accounts Receivable : $0.91 Mil (As of Jun. 2023)

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What is Integrated Media Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Integrated Media Technology's accounts receivables for the quarter that ended in Jun. 2023 was $0.91 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Integrated Media Technology's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 543.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Integrated Media Technology's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-3.39.

Integrated Media Technology Accounts Receivable Historical Data

The historical data trend for Integrated Media Technology'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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Integrated Media Technology Accounts Receivable Chart

Integrated Media Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

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0.77

0.63

0.95

0.35

0.65

Integrated Media Technology Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Receivable	Get a 7-Day Free Trial													0.82	0.35	0.33	0.65	0.91

Integrated Media Technology Accounts Receivable Calculation

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

Integrated Media Technology 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.906	/	0.304	*	91
=	543.90

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

Integrated Media Technology'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)
=	(0.01	+	0.75 * 0.906	+	0.5 * 3.688	-	7.858
-	0	-	1.882)	/	2.12517
=	-3.39

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.

Integrated Media Technology Accounts Receivable Related Terms

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Integrated Media Technology (Integrated Media Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Integrated Media Technology Ltd (NAS:IMTE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pensyarah U1/28, Suite A, Unit 5, Level 3, Lot 4, Glen 9 Business Park, Hicom Glenmarie Industrial Par, Shah Alam, SGR, MYS, 40150

Website

https://www.imtechltd.com

Integrated Media Technology Ltd is engaged in the development, sale, and distribution of autostereoscopic 3D display, 3D conversion equipment, and software, development, and sale of 3D autostereoscopic technology, and the provision of 3D consultancy services. It operates through the following segments: the development, sale and distribution of autostereoscopic 3D displays, conversion equipment, software and technology solutions, and others, Sales of air-filter products, provision of consultancy services, and Sales of Halal products.

Executives

Marvel Finance Ltd	10 percent owner	7/F., SIU ON CENTER., 188 LOCKHART ROAD,, WAN CHAI K3 00000
Lee Ying Chiu Herbert	director, 10 percent owner, officer: President and CEO	15/F., SIU ON CENTRE, 188 LOCKHART ROAD, WANCHAI K3 0000
Nextglass Technologies Corp.	10 percent owner	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLES CA 90210
Jeonggeun Kim	10 percent owner	101-1402HO, SOSABEOL PURUGIO APT, 970 VISION-DONG, PYEONGTAEK-SI M5 17847
Cimb Ltd	10 percent owner	SUITE1814, 18/F FO TAN INDUSTRIAL CENTER, 26-28 AU PUI WAN STREET, FOTAN, NT K3 00000
Heming Cui	director	13/F, TOWER 2, BELCHER, NO. 89 POK FU LAM ROAD, HONG KONG K3 00000
Ho Cecil Te Hwai	officer: CFO & Company Secretary	7/F, SIU ON CENTRE, 188 LOCKHART ROAD, WANCHAI K3 00000
Lawrence Chen	director	UNIT 10, 18 JESSIE STREET, WESTMEAD SYDNEY C3 2145
Michael Wuhua Zhang	director	7/F, SIU ON CENTER, 188 LOCKHART ROAD, WANCHAI K3 00000
Unerkov Con	director	PO BOX 1171, NORTH ADELAIDE SA C3 5006
George Yatzis	officer: Company Secretary	GPO BOX 2018, ADELAIDE C3 5001
Chang Yuen Chan	director	7/F., SIU ON CENTER,, 188 LOCKHART ROAD,, WAN CHAI K3 00000
Ingram Wilton Timothy Carr	director	7/F., SIU ON CENTER,, 188 LOCKHART ROAD,, WAN CHAI K3 00000
Man Chung Chan	director	ROOM 2404, KING YAN HOUSE, KING NGA COURT, TAIPO K3 00000