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International Genius Co (HKSE:00033) Accounts Receivable : HK$74.6 Mil (As of Dec. 2023)


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What is International Genius Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. International Genius Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$74.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. International Genius Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 132.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. International Genius Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.01.


International Genius Co Accounts Receivable Historical Data

The historical data trend for International Genius Co'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.

International Genius Co Accounts Receivable Chart

International Genius Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.16 19.19 18.65 20.06 24.48

International Genius Co Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 108.01 20.06 44.35 24.48 74.55

International Genius Co Accounts Receivable Calculation

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


International Genius Co 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.

International Genius Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=74.55/102.855*91
=132.28

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

International Genius Co'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)
=(56.032+0.75 * 74.55+0.5 * 2.48-105.673
-0-0.029)/537.245
=0.01

* 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.


International Genius Co Accounts Receivable Related Terms

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International Genius Co (HKSE:00033) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen's Road Central, Unit Nos 4202-05,42nd Floor, Cosco Tower, Hong Kong, HKG
International Genius Co, is an investment holding company mainly engaged in the trading of party products. The Company operates its business through six segments. The Party Products Trading segment is mainly engaged in the trading of party products. The Securities Brokerage and Asset Management segment is mainly engaged in the provision of securities brokerage and asset management services. The Lending Business segment is mainly engaged in the Provision of lending services. The Metals and Minerals Trading segment is engaged in metals and minerals trading. The Credit Guarantee Service and Investment Business segment are engaged in the credit guarantee service and investment business. The majority of revenue is generated from Securities brokerage and assets management.
Executives
Neo Tech Inc. 2201 Interest of corporation controlled by you
Ng Yu 2201 Interest of corporation controlled by you
Internet Finance Investment Co. Ltd 2101 Beneficial owner
Cheung Kwan 2101 Beneficial owner
Internet Finance Investment Company Limited 2101 Beneficial owner

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