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Ajia Innogroup Holdings (Ajia Innogroup Holdings) Accounts Receivable : $0.00 Mil (As of Jun. 2023)


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What is Ajia Innogroup Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ajia Innogroup Holdings's accounts receivables for the quarter that ended in Jun. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ajia Innogroup Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 4.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ajia Innogroup Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.01.


Ajia Innogroup Holdings Accounts Receivable Historical Data

The historical data trend for Ajia Innogroup Holdings'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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Ajia Innogroup Holdings Accounts Receivable Chart

Ajia Innogroup Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
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Ajia Innogroup Holdings Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Ajia Innogroup Holdings Accounts Receivable Calculation

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


Ajia Innogroup Holdings 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.

Ajia Innogroup Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.001/0.02*91
=4.56

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

Ajia Innogroup Holdings'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)
=(0.006+0.75 * 0.001+0.5 * 0-1.049
-0--0.121)/109.336
=-0.01

* 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.


Ajia Innogroup Holdings Accounts Receivable Related Terms

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Ajia Innogroup Holdings (Ajia Innogroup Holdings) Business Description

Traded in Other Exchanges
N/A
Address
187 E. Warm Springs Road, Suite B307, Las Vegas, NV, USA, 89119
Ajia Innogroup Holdings Ltd is an all-in-one point-of-sale and restaurant management platform. As a cloud-based system built specifically for restaurants. AJIA offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface.
Executives
Ajia Group Ltd 10 percent owner FLAT/RM 303, 3F, AUSTIN TOWER, 22-26 AUSTIN AVENUE, TSIM SHA TSUI, KOWLOON K3 00000

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