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PPS International (Holdings) (HKSE:08201) Accounts Receivable : HK$106.1 Mil (As of Dec. 2023)


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What is PPS International (Holdings) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PPS International (Holdings)'s accounts receivables for the quarter that ended in Dec. 2023 was HK$106.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PPS International (Holdings)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 was 78.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PPS International (Holdings)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.11.


PPS International (Holdings) Accounts Receivable Historical Data

The historical data trend for PPS 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.

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PPS International (Holdings) Accounts Receivable Chart

PPS International (Holdings) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.36 53.48 70.39 82.86 86.74

PPS International (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 79.72 - 86.74 - 106.11

PPS International (Holdings) Accounts Receivable Calculation

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


PPS 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.

PPS 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
=106.109/124.055*91
=78.05

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

PPS 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)
=(84.135+0.75 * 106.109+0.5 * 0.428-99.274
-0-3.323)/540
=0.11

* 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.


PPS International (Holdings) Accounts Receivable Related Terms

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PPS International (Holdings) (HKSE:08201) Business Description

Traded in Other Exchanges
N/A
Address
No. 38 Wai Yip Street, Tower A, Capital Tower, Office A, 12th Floor, Kowloon Bay, Kowloon, Hong Kong, HKG
PPS International (Holdings) Ltd is an investment holding company. The company's operating segment include Environmental and cleaning; Money lending and Investments. It generates maximum revenue from the Environmental and cleaning segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in PRC.
Executives
Yu Shaoheng 2101 Beneficial owner
Wui Wo Enterprise Limited 2101 Beneficial owner
Mui Fong 2202 Interest of your spouse
Yu Weiye 2201 Interest of corporation controlled by you

PPS International (Holdings) (HKSE:08201) Headlines

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