GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Organic Agricultural Co Ltd (OTCPK:OGAA) » Definitions » Accounts Receivable

Organic Agricultural Co (Organic Agricultural Co) Accounts Receivable : $0.31 Mil (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Organic Agricultural Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Organic Agricultural Co's accounts receivables for the quarter that ended in Dec. 2023 was $0.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Organic Agricultural Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 96.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Organic Agricultural Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.00.


Organic Agricultural Co Accounts Receivable Historical Data

The historical data trend for Organic Agricultural Co'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.

Organic Agricultural Co Accounts Receivable Chart

Organic Agricultural Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial - 0.01 - - 0.01

Organic Agricultural Co 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 0.01 0.01 - 0.03 0.31

Organic Agricultural Co Accounts Receivable Calculation

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


Organic Agricultural Co 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.

Organic Agricultural Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.313/0.297*91
=96.17

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

Organic Agricultural Co'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)
=(0.06+0.75 * 0.313+0.5 * 0.146-0.201
-0-0)/93.727
=0.00

* 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.


Organic Agricultural Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Organic Agricultural Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Organic Agricultural Co (Organic Agricultural Co) Business Description

Traded in Other Exchanges
N/A
Address
High and New Technology Industrial Development District, Room G504 G506 G509 G510, Building No. 3, Kejichuangxincheng Chuangxinchuangye Plaza, Heilongjiang Province, Harbin, CHN, 150090
Organic Agricultural Co Ltd is engaged in manufacturing of agricultural products, rice, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

Organic Agricultural Co (Organic Agricultural Co) Headlines

No Headlines