Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 19

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 19
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 cash flow may not be sufficient to allow us to pay principal and interest on our debt and meet our other obligations. If we are unable
to obtain funding in a timely manner or on commercially acceptable terms, we may not be able to meet our payment obligations under our
indebtedness.

If we fail to manage our accounts receivable
effectively or fail to collect our accounts receivable, our results of operations, financial condition and liquidity may be materially
and adversely affected.

We generally receive funds which is created by
our flagship online stores from the e-commerce platforms within one month, and from other e-commerce platforms and third-party distributor
within one to two months after online consumers have confirmed receipt of goods. We normally provide our brand partners with a credit
period of one month to four months. As of December 31, 2024 and 2023, our accounts receivable due from third parties amounted
to $15.2 million and 14.5 million, respectively. Our accounts receivable turnover days were 42 days and 44 days in
2024 and 2023, respectively. The amount and turnover days of our accounts receivable may increase in the future, which will make
it more challenging for us to manage our working capital effectively and our results of operations, financial conditions and liquidity
may be materially and adversely affected. In addition, if some brand partners refuse to settle their accounts receivable, we may need
to initiate legal proceedings for collection. There is no guarantee that we will finally collect such accounts receivable.

If we fail to manage our inventory effectively,
our results of operations, financial condition and liquidity may be materially and adversely affected.

We assume inventory ownership of the products
of all of our brand partners and thus are subject to inventory risk. We deploy different strategies to deal with non-seasonal and seasonal
demands and make adjustments to our procurement plan in order to minimize the chance of excess unsold inventory and manage our product
costs. Demand for products, however, can change significantly between the time inventory is ordered and the date by which we target to
sell it. Demand may be affected by seasonality, new product launches, fashion trends, changes in product cycles and pricing, product defects,
changes in consumer spending patterns and habits, changes in consumer tastes with respect to our products and other factors. In addition,
when we begin selling a new product, it may be difficult to determine appropriate product selection and accurately forecast demand.

Our inventories were $6.6 million and $