GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ka Shui International Holdings Ltd (HKSE:00822) » Definitions » Accounts Receivable

Ka Shui International Holdings (HKSE:00822) Accounts Receivable : HK$408 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Ka Shui International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ka Shui International Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$408 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ka Shui International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 99.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ka Shui International Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.12.


Ka Shui International Holdings Accounts Receivable Historical Data

The historical data trend for Ka Shui International Holdings'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.

Ka Shui International Holdings Accounts Receivable Chart

Ka Shui International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 340.52 390.88 445.96 398.66 408.20

Ka Shui International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 445.96 371.25 398.66 307.58 408.20

Ka Shui International Holdings Accounts Receivable Calculation

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


Ka Shui International Holdings 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.

Ka Shui International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=408.201/750.884*91
=99.21

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

Ka Shui International Holdings'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)
=(194.464+0.75 * 408.201+0.5 * 159.822-465.894
-0-10.265)/893.761
=0.12

* 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.


Ka Shui International Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Ka Shui International Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Ka Shui International Holdings (HKSE:00822) Business Description

Traded in Other Exchanges
N/A
Address
1 Wang Kwong Road, Room A, 29th Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
Ka Shui International Holdings Ltd is involved in the die casting of alloy and plastic injection businesses. The company operates through five segments: Magnesium alloy die casting, Zinc alloy die casting, Aluminum alloy die casting, Plastic injection, trading of lighting products and home appliances as well as provision of motor vehicle repair services. It generates maximum revenue from the Plastic injection segment. Geographically, it derives a majority of its revenue from China and also has a presence in Hong Kong; Japan; the USA, and other countries.
Executives
Lee Yuen Fat 2101 Beneficial owner
Precisefull Limited 2101 Beneficial owner

Ka Shui International Holdings (HKSE:00822) Headlines

No Headlines