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Yan Tat Group Holdings (HKSE:01480) Accounts Receivable : HK$174.9 Mil (As of Dec. 2023)


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What is Yan Tat Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yan Tat Group Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$174.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yan Tat Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 99.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yan Tat Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$1.14.


Yan Tat Group Holdings Accounts Receivable Historical Data

The historical data trend for Yan Tat Group 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.

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Yan Tat Group Holdings Accounts Receivable Chart

Yan Tat Group 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 197.74 198.60 227.63 193.12 174.89

Yan Tat Group 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 227.63 236.36 193.12 193.66 174.89

Yan Tat Group Holdings Accounts Receivable Calculation

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


Yan Tat Group 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.

Yan Tat Group 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
=174.892/319.264*91
=99.97

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

Yan Tat Group 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)
=(462.796+0.75 * 174.892+0.5 * 56.449-348.07
-0-0)/240
=1.14

* 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.


Yan Tat Group Holdings Accounts Receivable Related Terms

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Yan Tat Group Holdings (HKSE:01480) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Yantat Road (West Gate), 81 Lijing South Road (East Main Gate), Pingshan New District, Shenzhen, CHN
Yan Tat Group Holdings Ltd is engaged in the manufacture and sale of printed circuit boards (PCB). The company's conventional and special material PCBs comprise three product categories, Single-sided, Double-sided, and Multi-layered. Its products are principally used in sectors such as communication, automobile, industrial automation, consumer electronics, and medicine. In addition, it is also involved in the property holding business. The company has a business presence in Mainland China, Europe, Hong Kong, North America, Asia, Africa, Oceania, and South America, of which key revenue is generated from Mainland China.

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