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AiXin Life International (AiXin Life International) Accounts Receivable : $0.25 Mil (As of Dec. 2023)


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What is AiXin Life International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AiXin Life International's accounts receivables for the quarter that ended in Dec. 2023 was $0.25 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AiXin Life International's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 29.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AiXin Life International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.24.


AiXin Life International Accounts Receivable Historical Data

The historical data trend for AiXin Life International'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.

* Premium members only.

AiXin Life International Accounts Receivable Chart

AiXin Life International Annual Data
Trend May14 May15 May16 May17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.05 0.56 0.25

AiXin Life International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.43 0.35 0.25 0.25

AiXin Life International Accounts Receivable Calculation

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


AiXin Life International 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.

AiXin Life International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.254/0.792*91
=29.26

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

AiXin Life International'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)
=(0.444+0.75 * 0.254+0.5 * 0.441-6.754
-0-0)/24.9998
=-0.24

* 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.


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.


AiXin Life International Accounts Receivable Related Terms

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AiXin Life International (AiXin Life International) Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Qingyun South Avenue, 14th Floor, Hongxing International Business Building 2, Jinjiang District, Sichuan Province, Chengdu, CHN
AiXin Life International Inc manufactures, market and sell premium-quality healthcare, nutritional products and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods and drinks. The operating segments are Advertising and products, Pharmacies, Hotel, and Manufacture and sale It also provides advertising and marketing services to certain manufacturers and distributors of the products it sells.
Executives
Hsin-liang Christopher Lee director 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Guolu Li officer: Chief Financial Officer NO.69 QINGYUN SOUTH AVE., JINJIANG DIST., CHENGDU CITY F4 XXXXX
Yao-te Wang director 704 NO.9 LANE 14, SHIJIAN STREET, TAINAN CITY F5 XXXXX
Quanzhong Lin director, 10 percent owner, officer: President and CEO 9 AN RONG LU JINGNIU, BLDG 4 UNIT 163, CHENGDU F4 XXXXX
Algodon Wines & Luxury Development Group, Inc. 10 percent owner 112 NE 41ST STREET, SUITE 106, MIAMI FL 33137
Maria I. Echevarria officer: CFO 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Scott L Mathis director, officer: CEO and President 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Lawrence Peter J.l. director FLAT 6, STAVORDALE LODGE, 10-12 MELBURY ROAD, LONDON X0 W14 8LW
Diversified Private Equity Corp 10 percent owner 135 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Ronald S Robbins officer: Exec. VP and COO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Tim F Holderbaum officer: Exec. VP and CFO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Julian Beale director 14 MARTIN COURT, UNIT #5, TOORAK, VICTORIA C3 3142
Thomas A Higgins director, 10 percent owner 1005 COBBLESTONE DR., HIGHLANDS RANCH CO 80126
Allan Bergenfield director, 10 percent owner
Robert Marsik director, 10 percent owner, officer: President

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