MultiMetaVerse Holdings (MultiMetaVerse Holdings) Accounts Receivable : $0.38 Mil (As of Dec. 2023)

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What is MultiMetaVerse Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MultiMetaVerse Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $0.38 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MultiMetaVerse Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 19.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MultiMetaVerse Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.97.

MultiMetaVerse Holdings Accounts Receivable Historical Data

The historical data trend for MultiMetaVerse Holdings'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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MultiMetaVerse Holdings Accounts Receivable Chart

MultiMetaVerse Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.59

0.79

0.38

MultiMetaVerse Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			-	3.09	0.79	0.41	0.38

MultiMetaVerse Holdings Accounts Receivable Calculation

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

MultiMetaVerse Holdings 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.

MultiMetaVerse Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.378	/	3.497	*	91
=	19.73

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

MultiMetaVerse Holdings'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)
=	(1.497	+	0.75 * 0.378	+	0.5 * 0.49	-	35.867
-	0	-	-1.75)	/	33.0489
=	-0.97

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.

MultiMetaVerse Holdings Accounts Receivable Related Terms

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MultiMetaVerse Holdings (MultiMetaVerse Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MultiMetaVerse Holdings Ltd (NAS:MMV) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 718, Lingshi Road, Building D3, Jingan District, Shanghai, CHN, 200072

Website

MultiMetaVerse Holdings Ltd is an animation and entertainment company. It is devoted to establishing an open community for its global users comprised of animation viewers, game players, and content creators and to providing high-quality and immersive entertainment experiences by way of original content, user-generated content, and professional user-generated content.