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Hanryu Holdings (Hanryu Holdings) Accounts Receivable : $0.37 Mil (As of Sep. 2023)


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What is Hanryu Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hanryu Holdings's accounts receivables for the quarter that ended in Sep. 2023 was $0.37 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hanryu Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 47.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hanryu Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $0.09.


Hanryu Holdings Accounts Receivable Historical Data

The historical data trend for Hanryu 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.

Hanryu Holdings Accounts Receivable Chart

Hanryu Holdings Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
0.01 0.33 -

Hanryu Holdings Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 - - 0.40 0.37

Hanryu Holdings Accounts Receivable Calculation

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


Hanryu 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.

Hanryu 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
=0.372/0.714*91
=47.54

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

Hanryu 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)
=(11.712+0.75 * 0.372+0.5 * 0-7.367
-0--0.319)/52.8086
=0.09

* 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.


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Hanryu Holdings (Hanryu Holdings) Business Description

Traded in Other Exchanges
N/A
Address
160, Yeouiseo-ro, Yeongdeungpo-gu, Seoul, KOR, 07231
Hanryu Holdings Inc is the creator of the engaging and innovative social media platform, FANTOO. FANTOO connects users around the world that share similar interests by providing distinctive service offerings, technologies, applications, and websites. Through FANTOO, it provides a global multi-media platform for its users to interact with other like-minded users, to share their appreciation of various types of entertainment and cultures, create their own content, enjoy other users' content, engage in commerce.