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Zepp Health (Zepp Health) Accounts Receivable : $60.4 Mil (As of Dec. 2023)


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What is Zepp Health Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zepp Health's accounts receivables for the quarter that ended in Dec. 2023 was $60.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zepp Health's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 65.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zepp Health's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.95.


Zepp Health Accounts Receivable Historical Data

The historical data trend for Zepp Health'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.

Zepp Health Accounts Receivable Chart

Zepp Health Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 26.94 45.58 84.32 97.84 60.39

Zepp Health 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 97.84 70.75 64.00 59.11 60.39

Zepp Health Accounts Receivable Calculation

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


Zepp Health 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.

Zepp Health's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=60.385/83.989*91
=65.61

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

Zepp Health'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)
=(138.038+0.75 * 60.385+0.5 * 84.408-281.172
-0-1.671)/60.2068
=-0.95

* 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.


Zepp Health Accounts Receivable Related Terms

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Zepp Health (Zepp Health) Business Description

Traded in Other Exchanges
N/A
Address
No. 900 Wangjiang West Road, Building B2, Zhong’an Chuanggu Technology Park, Hefei, CHN, 230088
Zepp Health Corp is engaged in the business of manufacturing smart health wearable products. The company operates in two segments: Xiaomi Wearable Products and Self-branded products & others. The product portfolio includes smartwatches and fitness bands. The majority is from Self-branded products & other segments.