KULR Technology Group (KULR Technology Group) Accounts Receivable : $0.90 Mil (As of Dec. 2023)

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What is KULR Technology Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KULR Technology Group's accounts receivables for the quarter that ended in Dec. 2023 was $0.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KULR Technology Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 35.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KULR Technology Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.08.

KULR Technology Group Accounts Receivable Historical Data

The historical data trend for KULR Technology Group'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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KULR Technology Group Accounts Receivable Chart

KULR Technology Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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0.03

0.06

0.14

1.54

0.90

KULR Technology Group 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															1.54	1.66	2.59	1.30	0.90

KULR Technology Group Accounts Receivable Calculation

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

KULR Technology Group 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.

KULR Technology Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.902	/	2.334	*	91
=	35.26

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

KULR Technology Group'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)
=	(1.195	+	0.75 * 0.902	+	0.5 * 1.149	-	13.047
-	0	-	0)	/	133.901
=	-0.08

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.

KULR Technology Group Accounts Receivable Related Terms

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KULR Technology Group (KULR Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KULR Technology Group Inc (AMEX:KULR) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

4863 Shawline Street, San Diego, CA, USA, 92111

Website

https://www.kulrtechnology.com

KULR Technology Group Inc develops and commercializes high-performance thermal management technologies for electronics, batteries, and other components. The company is focused on targeting the following applications: electric vehicles and autonomous driving systems; artificial intelligence and Cloud computing; energy storage; and 5G communication technologies. Its product portfolio includes ARA Thermal Capacitor, CRUX Cathode, HYDRA Thermal Runaway Shield, LYRA ISC Trigger Cell, URSA Fiber Thermal Interface, and VEGA Internal Short Circuit.

Executives

Michael Mo	director, 10 percent owner, officer: CEO	14440 BIG BASIN WAY, #12, SARATOGA CA 95070
Timothy Ray Knowles	director, officer: Chief Technical Officer	C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
Shawn Canter	officer: Chief Financial Officer	4863 SHAWLINE STREET, SAN DIEGO CA 92111
William Quinn Walker	officer: Chief Technology Officer	626 BEALS CREEK LANE, WEBSTER TX 77598
Terry Keith Cochran	officer: President and COO	1999 S BASCOM AVE, SUITE 700, CAMPBELL CA 95008
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Joanna D. Massey	director	1999 S. BASCOM AVE, SUITE 700, CAMPBELL CA 95008
Morio Kurosaki	director	1-2-14 ICHIGAYASADOHARA, SHINJUKU-KU, TOKYO M0 162-0842
Simon P Westbrook	officer: Chief Financial Officer	4920 EL CAMINO REAL, STE 100, LOS ALTOS CA 94022
George Ernest Henschke	officer: Interim Prin. Fin. Off., Treas	C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
Michael Gerald Carpenter	officer: Vice President of Engineering	C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
James M Cassidy	director, 10 percent owner, officer: president,secretary,treasurer	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	director, 10 percent owner, officer: VP	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212