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Datasea (Datasea) Accounts Receivable : $0.02 Mil (As of Mar. 2024)


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What is Datasea Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Datasea's accounts receivables for the quarter that ended in Mar. 2024 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Datasea's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 1.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Datasea's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.65.


Datasea Accounts Receivable Historical Data

The historical data trend for Datasea'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.

Datasea Accounts Receivable Chart

Datasea Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial - - - 0.26 0.26

Datasea Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.98 0.26 0.02 0.05 0.02

Datasea Accounts Receivable Calculation

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


Datasea 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.017/1.383*91
=1.12

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

Datasea's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(0.053+0.75 * 0.017+0.5 * 0.184-2.193
-0--0.071)/3.01794
=-0.65

* 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.


Datasea Accounts Receivable Related Terms

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Datasea (Datasea) Business Description

Traded in Other Exchanges
Address
1 Ronghua South Road, 20th Floor, Tower B, Guorui Plaza, Technological Development Zone, Beijing, CHN, 100176
Datasea Inc is a development stage company engaged in Internet security products. Its offers service and products such as Internet Security Equipment, New Media Advertising Service, Micro Marketing Service, Internet Service Provider (ISP) Connecting Service, Big Data Processing Service. The business activity of the group functions through China.
Executives
Yan Yang director RM 112, DRAGON COURT, 100 WATERLOO ROAD, KOWLOON K3 NONE
Chunqi Jiao officer: CTO 130 CHIANGJIANG ROAD, NANGANG DISTRICT, HARBIN F4 150090
Fu Liu director, 10 percent owner 1 XINGHUO RD, CHANGNING BUILDING, STE 21BC1, FENGTAI DISTRICT, BEIJING F4 100070
Zhixin Liu director, 10 percent owner, officer: CEO 1 XINGHUO RD, CHANGNING BUILDING, STE, 21BC1, FENGTAI DISTRICT, BEIJING F4 100070
Chun Kwok Wong director 1 XINGHUO RD CHANGNING BLDG, 11TH FLOOR FENGTAI DISTRICT, BEIJING F4 100070
Mingzhou Sun officer: Chief Financial Officer 20TH FLOOR, TOWER B, GUORUI PLAZA, 1 RONGHUA S. RD, TECHNOLOGICAL DEVT ZONE, BEIJING F4 100176
Michael J. Antonoplos director 345 STRATHMORE DRIVE, BRYN MAWR PA 19010-1262
Ling Wang director 1 XINGHUO RD CHANGNING BLDG, 11TH FLOOR FENGTAI DISTRICT, BEIJING F4 100070
Tongjun Si director 1 XINGHUO RD CHANGNING BLDG, 11TH FLOOR FENGTAI DISTRICT, BEIJING F4 100070
Jijin Zhang officer: Chief Financial Officer 1 XINGHUO RD. CHANGNING BUILDING, 11TH FLOOR FENGTAI DISTRICT, BEIJING F4 100070