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Good Fellow Healthcare Holdings (HKSE:08143) Accounts Receivable : HK$0.21 Mil (As of Sep. 2023)


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What is Good Fellow Healthcare Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Good Fellow Healthcare Holdings's accounts receivables for the quarter that ended in Sep. 2023 was HK$0.21 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Good Fellow Healthcare Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 1.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Good Fellow Healthcare Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.02.


Good Fellow Healthcare Holdings Accounts Receivable Historical Data

The historical data trend for Good Fellow Healthcare 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.

Good Fellow Healthcare Holdings Accounts Receivable Chart

Good Fellow Healthcare Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 - 0.18 0.25 0.25

Good Fellow Healthcare Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.26 - 0.25 - 0.21

Good Fellow Healthcare Holdings Accounts Receivable Calculation

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


Good Fellow Healthcare 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.

Good Fellow Healthcare Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.213/12.199*91
=1.59

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

Good Fellow Healthcare Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(5.386+0.75 * 0.213+0.5 * 1.321-22.111
-0--2.916)/563.65
=-0.02

* 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.


Good Fellow Healthcare Holdings Accounts Receivable Related Terms

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Good Fellow Healthcare Holdings (HKSE:08143) Business Description

Traded in Other Exchanges
N/A
Address
168-200 ?Connaught? Road, Unit ?3309,? 33rd? Floor, West ?Tower,? Shun? Tak? Centre, Hong Kong, HKG
Good Fellow Healthcare Holdings Ltd is an investment holding company. It is engaged in the provision of general hospital services in the PRC. Geographically, it derives revenue from PRC. The company's general hospital services include medical and surgical ward, cosmetic surgery, dermatology, and medical checkup and examination services. All revenue of the group is derived from the PRC.
Executives
Solar Star Global Limited 2101 Beneficial owner
Liu Chang 2201 Interest of corporation controlled by you
Liu Yonghao 2201 Interest of corporation controlled by you
New Hope International (hong Kong) Limited 2101 Beneficial owner
Li Wei 2202 Interest of your spouse
Cheng Wai Yin 2202 Interest of your spouse
Ng Chi Lung 2201 Interest of corporation controlled by you
Nan Fang Xi Wang Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Xi Wang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Ning Bo Zhuo Cheng Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
La Sa Jing Ji Ji Shu Kai Fa Qu Xin Xi Wang Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Xi Wang Ya Tai Tou Zi Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Xi Wang Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Li Wei 2202 Interest of your spouse
Xi Zang Heng Ye Feng Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you

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