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Webuy Global (Webuy Global) Accounts Receivable : $10.11 Mil (As of Dec. 2023)


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What is Webuy Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Webuy Global's accounts receivables for the quarter that ended in Dec. 2023 was $10.11 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Webuy Global's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 49.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Webuy Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.21.

Webuy Global Accounts Receivable Historical Data

The historical data trend for Webuy 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.

Webuy Global Accounts Receivable Chart

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
0.06 2.57 10.11

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable 0.06 - 2.57 3.27 10.11

Webuy Global Accounts Receivable Calculation

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

Webuy 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.113/37.286*91
=49.50

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

Webuy Global'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)
=(5.394+0.75 * 10.113+0.5 * 0.77-24.577
-0--0.055)/52.3816
=-0.21

* 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.

Webuy Global Accounts Receivable Related Terms

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Webuy Global (Webuy Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Webuy Global Ltd (NAS:WBUY) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Website
https://www.webuysg.com
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.