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MicroCloud Hologram (MicroCloud Hologram) Accounts Receivable : $9.13 Mil (As of Jun. 2023)


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What is MicroCloud Hologram Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MicroCloud Hologram's accounts receivables for the quarter that ended in Jun. 2023 was $9.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MicroCloud Hologram's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 113.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MicroCloud Hologram's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $2.86.


MicroCloud Hologram Accounts Receivable Historical Data

The historical data trend for MicroCloud Hologram'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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MicroCloud Hologram Accounts Receivable Chart

MicroCloud Hologram Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.17 14.23 10.72 11.53 1.38

MicroCloud Hologram Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 13.56 11.53 9.57 9.13 1.38

MicroCloud Hologram Accounts Receivable Calculation

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


MicroCloud Hologram 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.

MicroCloud Hologram's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.134/7.35*91
=113.40

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

MicroCloud Hologram'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)
=(19.029+0.75 * 9.134+0.5 * 0.259-11.462
-0--0.008)/5.0812
=2.86

* 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.


MicroCloud Hologram Accounts Receivable Related Terms

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MicroCloud Hologram (MicroCloud Hologram) Business Description

Traded in Other Exchanges
N/A
Address
Yuexing Sixth Road, Zhongkenaneng Building, Room 302, Building A, Nanshan District, Shenzhen, CHN, 518000
Website
MicroCloud Hologram Inc, through its subsidiaries, is mainly engaged in holographic Technology. It includes Holographic solutions, Holographic technology services. The company also provides holographic digital twin technology services for customers and has built a holographic digital twin technology resource library.
Executives
Belief Bi director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Maggie Wang director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Guohui Kang director, officer: CEO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Wei Peng director, 10 percent owner ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Tiger Initiative Investment Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Bei Zhen officer: CFO GOVERNORS SQUARE, SUITE #5-204, ,23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Mi Zhou director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Best Road Holdings Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Han Qin director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Jianbo Zhou officer: CTO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Guolong Qi officer: COO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Greenland Asset Management Corp 10 percent owner WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Xu Zhang director 100 PARK AVENUE, NEW YORK NY 10017
Hai Lin director 100 PARK AVENUE, NEW YORK NY 10017
Shaosen Cheng director, officer: Chief Executive Officer 100 PARK AVENUE, NEW YORK NY 10017