Nocera (Nocera) Accounts Receivable : $0.17 Mil (As of Mar. 2024)

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What is Nocera Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nocera's accounts receivables for the quarter that ended in Mar. 2024 was $0.17 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nocera's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 3.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nocera's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.08.

Nocera Accounts Receivable Historical Data

The historical data trend for Nocera'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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Nocera Accounts Receivable Chart

Nocera Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.43

0.12

0.21

0.17

Nocera Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial											0.21	0.20	0.24	0.17	0.17

Nocera Accounts Receivable Calculation

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

Nocera 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.

Nocera's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.172	/	4.9	*	91
=	3.20

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

Nocera's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=	(1.173	+	0.75 * 0.172	+	0.5 * 0.086	-	2.268
-	0	-	0.074)	/	12.957
=	-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.

Nocera Accounts Receivable Related Terms

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Nocera (Nocera) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nocera Inc (NAS:NCRA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F (Building B), No. 185, Sec. 1, Datong Road, Xizhi District, New Taipei City, TWN, 221

Website

https://www.nocera.company

Nocera Inc is engaged in the manufacturing of aquaculture equipment, construction of aquaculture facilities, managing and operating aquaculture facilities and consulting for third-party operators of aquaculture facilities. Its primary business operations consist of the design, development and production of RASs large-scale fish tank systems, for fish farms along with expert consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services.

Executives

Andy Ching-an Jin	director, officer: Chief Executive Officer	3F (BUILDING B), NO. 185, SEC. 1, DATONG RD., XIZHI DIST., NEW TAIPEI CITY F5 221
Yin-chieh Cheng	director, officer: CFO and Chairman	15F #464 JIAYUAN RD., SEC. 3 SHULIN DIST., NEW TAIPEI CITY F5 23854
Kuan-yin Cheng	officer: President and CEO	12772 BRADWELL ROAD, HERNDON VA 20101
Bi Zhang	10 percent owner	BUILDING #5 FENG DU BAN PANG QU SHAN AN, ZHI,, XINGYI CITY, GUIZHOU QIANXINAN F4 562400
Erik S Nelson	director, officer: Corporate Secretary	2030 POWERS FERRY RD SE, SUITE 212, ATLANTA GA 30339