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Duo World (Duo World) Accounts Receivable : $0.02 Mil (As of Sep. 2023)


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What is Duo World Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Duo World's accounts receivables for the quarter that ended in Sep. 2023 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Duo World's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 48.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Duo World's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.03.

Duo World Accounts Receivable Historical Data

The historical data trend for Duo World'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.

Duo World Accounts Receivable Chart

Duo World Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial 0.13 0.30 0.14 - -

Duo World Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 - - 0.02 0.02

Duo World Accounts Receivable Calculation

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

Duo World 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.

Duo World's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.016/0.03*91
=48.67

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

Duo World's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.012+0.75 * 0.016+0.5 * 0-2.357
-0.005-0.105)/88.3758
=-0.03

* 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.

Duo World Accounts Receivable Related Terms

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Duo World (Duo World) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Duo World Inc (OTCPK:DUUO) » Definitions » Accounts Receivable
Comparable Companies
VRTC KSPN LAAB TTCM ISGN ABQQ TWOHD IGEN XNDA CTKYY CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
c/o Duo Software (Pvt.) Ltd, No. 6, Charles Terrace, Off Alfred Place, Colombo, LKA, 03
Website
https://www.duoworld.com
Duo World Inc is an information technology and software solutions company. Its products include FaceTone, cloud communications and collaborations platform that is offered through public and private cloud and on-site implementations as per business preferences. The Company recognizes revenue from the sale of software licenses and related services. Its application (Duo Subscribe, Duo Contact, DigIn, FaceTone, CloudCharge, and SmoothFlow) provide solutions in the space of Data Analytics, Customer Life Cycle Management, Subscriber Billing and Work Flow.
Executives
Muhunthan Canagasooryam director, 10 percent owner, officer: President, CEO LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Mahmud Riad Ameen director, officer: Legal Director LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Perera Suzannah Jennifer Samuel director, officer: Chief Financial Officer LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300