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Peiport Holdings (Peiport Holdings) Accounts Receivable : $8.93 Mil (As of Dec. 2023)


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What is Peiport Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Peiport Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $8.93 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Peiport Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 86.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Peiport Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.08.


Peiport Holdings Accounts Receivable Historical Data

The historical data trend for Peiport 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.

Peiport Holdings Accounts Receivable Chart

Peiport Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 11.54 9.48 12.58 8.49 8.93

Peiport Holdings Semi-Annual Data
Dec15 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 12.58 10.50 8.49 7.94 8.93

Peiport Holdings Accounts Receivable Calculation

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


Peiport 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.

Peiport 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
=8.931/18.904*91
=86.22

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

Peiport 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)
=(31.159+0.75 * 8.931+0.5 * 9.12-8.524
-0--0.011)/400.000
=0.08

* 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.


Peiport Holdings Accounts Receivable Related Terms

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Peiport Holdings (Peiport Holdings) Business Description

Traded in Other Exchanges
Address
No. 29 Leighton Road, Suite 602, Chinachem Leighton Plaza, 6 Floor, Causeway Bay, Hong Kong, HKG
Peiport Holdings Ltd is engaged in the provision of thermal imaging products and services; self-stabilised imaging products and services; and general aviation products and services. The company's segments include thermal imaging products and services, self-stabilised imaging products and services, and general aviation products and services. The products and services in thermal imaging segment are divided into three categories products under its own brand name, PTi; products of other brands; and thermal imaging inspection services. It operates in Mainland China, Hong Kong and Macau, and Overseas, with majority of the revenue deriving from Mainland China.

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