San Miguel Brewery Hong Kong (HKSE:00236) Accounts Receivable : HK$43.6 Mil (As of Dec. 2023)

View and export this data going back to 1963. Start your Free Trial

What is San Miguel Brewery Hong Kong Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. San Miguel Brewery Hong Kong's accounts receivables for the quarter that ended in Dec. 2023 was HK$43.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. San Miguel Brewery Hong Kong's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 24.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. San Miguel Brewery Hong Kong's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.39.

San Miguel Brewery Hong Kong Accounts Receivable Historical Data

The historical data trend for San Miguel Brewery Hong Kong'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.

San Miguel Brewery Hong Kong Accounts Receivable Chart

San Miguel Brewery Hong Kong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

39.37

31.69

31.08

43.18

43.63

San Miguel Brewery Hong Kong 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															31.08	43.45	43.18	42.46	43.63

San Miguel Brewery Hong Kong Accounts Receivable Calculation

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

San Miguel Brewery Hong Kong 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.

San Miguel Brewery Hong Kong's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	43.627	/	325.782	*	91
=	24.44

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

San Miguel Brewery Hong Kong'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)
=	(179.979	+	0.75 * 43.627	+	0.5 * 88.579	-	135.084
-	0	-	-24.1)	/	373.571
=	0.39

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.

San Miguel Brewery Hong Kong Accounts Receivable Related Terms

Thank you for viewing the detailed overview of San Miguel Brewery Hong Kong's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

San Miguel Brewery Hong Kong (HKSE:00236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » San Miguel Brewery Hong Kong Ltd (HKSE:00236) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

Citimark Building, 28 Yuen Shun Circuit, 9th Floor, Siu Lek Yuen, Shatin, New Territories, Hong Kong, HKG

Website

http://info.sanmiguel.com.hk

San Miguel Brewery Hong Kong Ltd is engaged in the manufacturing and distribution of bottled, canned and draught beers. Its two reportable segments are 1) The Hong Kong operations comprise of the manufacture and distribution of own brewed beer products and the distribution of imported beer products in Hong Kong and overseas. 2) The Mainland China operations comprise of the manufacture and distribution of own-brewed beer products in the southern part of the People's Republic of China and overseas. It derives the majority of its revenue from Hong Kong.

Executives

San Miguel Corporation	2201 Interest of corporation controlled by you
San Miguel Food And Beverage, Inc.	2201 Interest of corporation controlled by you
Top Frontier Investment Holdings, Inc.	2201 Interest of corporation controlled by you
Zobel Iñigo	2201 Interest of corporation controlled by you

San Miguel Brewery Hong Kong (HKSE:00236) Headlines

No Headlines