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Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Accounts Receivable : $48.3 Mil (As of Dec. 2023)


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What is Hutchison Telecommunications Hong Kong Holdings Lt Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hutchison Telecommunications Hong Kong Holdings Lt's accounts receivables for the quarter that ended in Dec. 2023 was $48.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hutchison Telecommunications Hong Kong Holdings Lt's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 26.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hutchison Telecommunications Hong Kong Holdings Lt's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.27.


Hutchison Telecommunications Hong Kong Holdings Lt Accounts Receivable Historical Data

The historical data trend for Hutchison Telecommunications Hong Kong Holdings Lt'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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Hutchison Telecommunications Hong Kong Holdings Lt Accounts Receivable Chart

Hutchison Telecommunications Hong Kong Holdings Lt 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 33.44 31.09 37.06 40.85 48.27

Hutchison Telecommunications Hong Kong Holdings Lt 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 37.06 38.74 40.85 39.83 48.27

Hutchison Telecommunications Hong Kong Holdings Lt Accounts Receivable Calculation

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


Hutchison Telecommunications Hong Kong Holdings Lt 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.

Hutchison Telecommunications Hong Kong Holdings Lt's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.273/328.818*91
=26.79

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

Hutchison Telecommunications Hong Kong Holdings Lt'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)
=(471.715+0.75 * 48.273+0.5 * 13.189-602.064
-0-0)/321.269
=-0.27

* 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.


Hutchison Telecommunications Hong Kong Holdings Lt Accounts Receivable Related Terms

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Hutchison Telecommunications Hong Kong Holdings Lt (Hutchison Telecommunications Hong Kong Holdings Lt) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
Hutchison Telecommunications Hong Kong Holdings Ltd is an investment holding company. It operates in a single segment of the mobile telecommunications business in Hong Kong and Macau. The company offers a wide range of mobile telecommunications services and products with an increasing focus on data-centric services that converge with Internet and PC services. It provides mobile communications services such as local voice, SMS, MMS, IDD, and international roaming, as well as data services and applications including direct carrier billing offerings, mobile device security management, eBooks, music downloads, movies-on-demand, mobile social networking applications, and FinTech.