AItheNutrigene Co (XKRX:311960) Accounts Receivable : ₩434 Mil (As of Dec. 2023)

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What is AItheNutrigene Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AItheNutrigene Co's accounts receivables for the quarter that ended in Dec. 2023 was ₩434 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AItheNutrigene Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 8.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AItheNutrigene Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₩-2,581.09.

AItheNutrigene Co Accounts Receivable Historical Data

The historical data trend for AItheNutrigene Co'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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AItheNutrigene Co Accounts Receivable Chart

AItheNutrigene Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

541.44

966.07

972.09

434.01

AItheNutrigene Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Accounts Receivable	541.44	966.07	972.09	434.01

AItheNutrigene Co Accounts Receivable Calculation

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

AItheNutrigene Co 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	434.008	/	9147	*	91
=	8.66

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

AItheNutrigene Co'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)
=	(3588.541	+	0.75 * 434.008	+	0.5 * 883.712	-	11577.278
-	0	-	504.112)	/	2.99311
=	-2,581.09

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.

AItheNutrigene Co Accounts Receivable Related Terms

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AItheNutrigene Co (XKRX:311960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AItheNutrigene Co Ltd (XKRX:311960) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

630, 42 Changdeok-ro, Siheung-dong, Pangyo 2nd Techno Valley Gyeonggi Business Growth Center, Sujeong-gu, Gyeonggi-do, Seongnam-si, KOR

Website

http://www.aithenutrigene.com

AItheNutriGene Co engages in developing a test-detection solution in order to check out the early detection of various diseases. The company offers molecular diagnostic technology, nutrition therapy customized according to an individual's genomics and AI bio, enabling patients and medical practitioners with tests and accurate diagnoses to prevent diseases.

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