Treasure Global (Treasure Global) Accounts Receivable : $0.07 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Treasure Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Treasure Global's accounts receivables for the quarter that ended in Mar. 2024 was $0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Treasure Global's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 4.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Treasure Global's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.54.

Treasure Global Accounts Receivable Historical Data

The historical data trend for Treasure Global'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.

Treasure Global Accounts Receivable Chart

Treasure Global Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

0.09

0.16

Treasure Global Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial										0.04	0.16	0.15	0.19	0.07

Treasure Global Accounts Receivable Calculation

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

Treasure Global 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.073	/	1.596	*	91
=	4.17

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

Treasure Global'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)
=	(0.307	+	0.75 * 0.073	+	0.5 * 0.048	-	1.091
-	0	-	0)	/	1.3047
=	-0.54

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.

Treasure Global Accounts Receivable Related Terms

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

Treasure Global (Treasure Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Treasure Global Inc (NAS:TGL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

276 5th Avenue, Suite 704 Number 739, New York, NY, USA, 10001

Website

https://www.treasureglobal.co

Treasure Global Inc has created an online-to-offline e-commerce platform business model offering consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. Its product is an internet application branded ZCITY app, that targets consumers by providing personalized deals based on consumers' purchase history, location and preferences.

Executives

Ai Lab Martech Sdn Bhd	10 percent owner	MENARA K1, UNIT 13A-15, LEVEL 13A, MENARA K1, NO. 1 LORONG 3/137C, KUALA LUMPUR N8 58200
Meng Chun Chan	officer: CHIEF FINANCIAL OFFICER	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Chong Chan Teo	director, officer: Chief Executive Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Yi Hui Ho	director	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Voon Him Hoo	director	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Su Chen Chuah	officer: Chief Operating Officer	NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Jeremy Roberts	director	276 5TH AVENUE, SUITE 704 #7439, NEW YORK NY 10001
Su Huay Chuah	officer: Chief Marketing Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Kok Pin Tan	officer: Former Chief Executive Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Chen Hoe Sam	officer: Chief Technology Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Jau Long Ooi	officer: Vice President	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Yee Fei Chan	officer: Chief Financial Officer	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Marco Baccanello	director	276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Tophill Holding Sdn. Bhd.	10 percent owner	NO 32A-2, JALAN TEKNOLOGI 3/6C TAMAN, SAINS 1 SEKSYEN 3 KOTA DAMANSARA, PETALING JAYA, SELANGOR N8 47810