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Bosa Technology Holdings (HKSE:08140) Accounts Receivable : HK$28.5 Mil (As of Dec. 2023)


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What is Bosa Technology Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bosa Technology Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$28.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bosa Technology Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 106.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bosa Technology Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.17.


Bosa Technology Holdings Accounts Receivable Historical Data

The historical data trend for Bosa Technology 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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Bosa Technology Holdings Accounts Receivable Chart

Bosa Technology Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 16.89 25.17 40.82 45.79 45.95

Bosa Technology Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 46.31 - 45.95 - 28.53

Bosa Technology Holdings Accounts Receivable Calculation

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


Bosa Technology 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.

Bosa Technology 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
=28.531/24.489*91
=106.31

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

Bosa Technology 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)
=(136.194+0.75 * 28.531+0.5 * 4.828-24.976
-0-0)/800
=0.17

* 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.


Bosa Technology Holdings Accounts Receivable Related Terms

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Bosa Technology Holdings (HKSE:08140) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 King Yip Street, Room D, 29th Floor, King Palace Plaza, Kwun Tong Kowloon, Hong Kong, HKG
Bosa Technology Holdings Ltd is an investment holding company, and the principal activity of its subsidiaries is to provide mechanical splicing services to the reinforced concrete construction industry in Hong Kong. Its mechanical splicing services include two elements: Processing reinforcing bars and Connecting reinforcing bars by couplers. The company provides two types of reinforcing bars processing services: Servisplice and the Seisplice.
Executives
Kwan Tek Sian 2201 Interest of corporation controlled by you
Kin Sun Creative Company Ltd 2101 Beneficial owner
Ha Jasmine Nim Chi 2202 Interest of your spouse
Chan Ching 2202 Interest of your spouse
Lim Su I 2101 Beneficial owner
Yang Tien Lee 2101 Beneficial owner
Wang Yu Ju 2202 Interest of your spouse
Wang Wann Bao 2101 Beneficial owner
Wang Yu Ju 2202 Interest of your spouse
Chiu Yin Mei 2101 Beneficial owner
Chan Ching 2202 Interest of your spouse
Ng Pei Ying 2202 Interest of your spouse
Lim Paulino 2101 Beneficial owner
Yang Tien Lee 2101 Beneficial owner
Wang Wann Bao 2101 Beneficial owner

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