Aeon Credit Service (Asia) Co (HKSE:00900) Accounts Receivable : HK$0 Mil (As of Feb. 2024)

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What is Aeon Credit Service (Asia) Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aeon Credit Service (Asia) Co's accounts receivables for the quarter that ended in Feb. 2024 was HK$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aeon Credit Service (Asia) Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aeon Credit Service (Asia) Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was HK$-7.64.

Aeon Credit Service (Asia) Co Accounts Receivable Historical Data

The historical data trend for Aeon Credit Service (Asia) 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.

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Aeon Credit Service (Asia) Co Accounts Receivable Chart

Aeon Credit Service (Asia) Co Annual Data

Trend

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Feb24

Accounts Receivable

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Aeon Credit Service (Asia) Co Quarterly Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Aeon Credit Service (Asia) Co Accounts Receivable Calculation

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

Aeon Credit Service (Asia) 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.

Aeon Credit Service (Asia) Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	418.081	*	91
=	0.00

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

Aeon Credit Service (Asia) Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 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)
=	(295.379	+	0.75 * 0	+	0.5 * 0	-	3493.239
-	0	-	0)	/	418.766
=	-7.64

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.

Aeon Credit Service (Asia) Co Accounts Receivable Related Terms

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Aeon Credit Service (Asia) Co (HKSE:00900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Aeon Credit Service (Asia) Co Ltd (HKSE:00900) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

132 Nathan Road, 20th Floor, Mira Place Tower A, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.aeon.com.hk

Aeon Credit Service (Asia) Co Ltd is engaged in the consumer finance business. Its activities include the issuance of credit cards and the provision of personal loan financing, insurance agency and brokerage business and microfinance business. The group's business comprises three operating segments, namely Credit card, Personal loans, and Insurance. It derives key revenue from the Credit card operation which involves the provision of credit card services to individuals and acquiring services for member-stores. Personal loans segment provides personal loan financing to individuals and the Insurance segment offers insurance agency and brokerage services. Geographically, the group has a business presence in Hong Kong and the PRC, of which a majority of the revenue is derived from Hong Kong.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Fidelity Puritan Trust	2101 Beneficial owner
Aeon Co., Ltd	2201 Interest of corporation controlled by you
Aeon Financial Service (hong Kong) Co., Ltd	2101 Beneficial owner
Aeon Financial Service Co., Ltd	2201 Interest of corporation controlled by you

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