NewGenIvf Group (NewGenIvf Group) Accounts Receivable : $0.09 Mil (As of Jun. 2023)

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What is NewGenIvf Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NewGenIvf Group's accounts receivables for the quarter that ended in Jun. 2023 was $0.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NewGenIvf Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.08.

NewGenIvf Group Accounts Receivable Historical Data

The historical data trend for NewGenIvf Group'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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NewGenIvf Group Accounts Receivable Chart

NewGenIvf Group Annual Data

Trend

Dec21

Dec22

Accounts Receivable

0.14

0.01

NewGenIvf Group Quarterly Data
	Dec21	Jun22	Dec22	Jun23
Accounts Receivable	0.14	-	0.01	0.09

NewGenIvf Group Accounts Receivable Calculation

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

NewGenIvf Group 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.

NewGenIvf Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.092	/	0	*	91
=

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

NewGenIvf Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(0.077	+	0.75 * 0.092	+	0.5 * 0.068	-	1.498
-	0	-	-0.524)	/	10.149
=	-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.

NewGenIvf Group Accounts Receivable Related Terms

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NewGenIvf Group (NewGenIvf Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NewGenIvf Group Ltd (NAS:NIVF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit 21 Road, Asoke, 36/39-36/40, 13th Floor, PS Tower, Khlong Toei Nuea Sub-district, Watthana District, Bangkok, THA, 10110

Website

https://www.newgenivf.com

NewGenIvf Group Ltd is a company engaged in providing assisted reproductive services in Asia Pacific with a focus on providing fertility treatments to fulfil the dreams of building families, NewGenIvf mainly offers two services, namely first which is a in-vitro fertilization (IVF) treatment service, comprising traditional IVF and egg donation; and surrogacy and ancillary caring services.

NewGenIvf Group (NewGenIvf Group) Headlines

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