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Hypebeast (HKSE:00150) Accounts Receivable : HK$130.7 Mil (As of Sep. 2023)


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What is Hypebeast Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hypebeast's accounts receivables for the quarter that ended in Sep. 2023 was HK$130.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hypebeast's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 54.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hypebeast's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$0.07.


Hypebeast Accounts Receivable Historical Data

The historical data trend for Hypebeast'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.

Hypebeast Accounts Receivable Chart

Hypebeast Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.87 221.40 83.79 128.90 127.26

Hypebeast Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 166.84 128.90 146.71 127.26 130.72

Hypebeast Accounts Receivable Calculation

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


Hypebeast 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.

Hypebeast's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=130.718/440.007*91
=54.22

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

Hypebeast'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)
=(139.694+0.75 * 130.718+0.5 * 96.045-148.462
-0-0)/2054.13
=0.07

* 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.


Hypebeast Accounts Receivable Related Terms

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Hypebeast (HKSE:00150) Business Description

Traded in Other Exchanges
Address
No. 9 Hoi Shing Road, Tsuen Wan, 40th Floor, Cable TV Tower, New Territories, Hong Kong, HKG
Hypebeast Ltd is an investment holding company. The company's operating segment includes Digital media and E-commerce & Retail Segment. It generates maximum revenue from Digital media. The digital media segment is engaged in the provision of advertising spaces, provision of services for creative agency projects and publication of magazines. The E-commerce segment is involved in the operation of an online retail platform for the sale of third-party branded clothing, shoes and accessories, and commission fee from consignment sales. Geographically, it has a presence in the United States; Hong Kong; China, and Other Countries.

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