Hong Kong Technology Venture Co (HKSE:01137) Accounts Receivable : HK$0 Mil (As of Dec. 2023)

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What is Hong Kong Technology Venture Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hong Kong Technology Venture Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hong Kong Technology Venture Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Hong Kong Technology Venture Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.58.

Hong Kong Technology Venture Co Accounts Receivable Historical Data

The historical data trend for Hong Kong Technology Venture 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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Hong Kong Technology Venture Co Accounts Receivable Chart

Hong Kong Technology Venture Co Annual Data

Trend

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Accounts Receivable

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Hong Kong Technology Venture Co Semi-Annual Data
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Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Hong Kong Technology Venture Co Accounts Receivable Calculation

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

Hong Kong Technology Venture 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.

Hong Kong Technology Venture 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
=	0	/	1983.139	*	91
=	0.00

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

Hong Kong Technology Venture 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)
=	(734.305	+	0.75 * 0	+	0.5 * 140.418	-	1316.433
-	0	-	0)	/	888.546
=	-0.58

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.

Hong Kong Technology Venture Co Accounts Receivable Related Terms

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Hong Kong Technology Venture Co (HKSE:01137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (HKSE:01137) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

HKTVY:USA XHN1:Germany

Address

No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hktvmall.com

Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.

Executives

Wong Wai Kay	2201 Interest of corporation controlled by you
Top Group International Ltd.	2101 Beneficial owner
Schroders Plc	2102 Investment manager
Top Group International Ltd.	2101 Beneficial owner
Cheung Chi Kin, Paul	2101 Beneficial owner

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