Full Truck Alliance Co (Full Truck Alliance Co) Accounts Receivable : $5 Mil (As of Mar. 2024)

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What is Full Truck Alliance Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Full Truck Alliance Co's accounts receivables for the quarter that ended in Mar. 2024 was $5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Full Truck Alliance Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 1.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Full Truck Alliance Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $1.84.

Full Truck Alliance Co Accounts Receivable Historical Data

The historical data trend for Full Truck Alliance 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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Full Truck Alliance Co Accounts Receivable Chart

Full Truck Alliance Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

3.67

5.31

4.58

1.87

3.28

Full Truck Alliance Co Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial												3.04	2.49	2.92	3.28	5.27

Full Truck Alliance Co Accounts Receivable Calculation

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

Full Truck Alliance 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.

Full Truck Alliance Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.273	/	315.033	*	91
=	1.53

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

Full Truck Alliance Co'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)
=	(2559.759	+	0.75 * 5.273	+	0.5 * 0	-	599.68
-	0	-	43.754)	/	1045.75
=	1.84

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.

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Full Truck Alliance Co (Full Truck Alliance Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Full Truck Alliance Co Ltd (NYSE:YMM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

892:Germany

Address

20 Fengxin Road, Wanbo Science and Technology Park, Yuhuatai District, Nanjing, CHN, 210012

Website

https://www.fulltruckalliance.com

Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and the website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers' and truckers' use of its platforms in connection with freight matching services and value-added services.