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Realord Group Holdings (HKSE:01196) Accounts Receivable : HK$543.4 Mil (As of Dec. 2023)


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What is Realord Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Realord Group Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$543.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Realord Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 242.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Realord Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-9.34.


Realord Group Holdings Accounts Receivable Historical Data

The historical data trend for Realord Group Holdings'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.

Realord Group Holdings Accounts Receivable Chart

Realord Group Holdings Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 321.09 449.41 355.23 570.60 543.43

Realord Group Holdings Semi-Annual Data
Mar14 Sep14 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 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 355.23 391.75 570.60 518.47 543.43

Realord Group Holdings Accounts Receivable Calculation

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


Realord Group Holdings 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.

Realord Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=543.427/409.016*91
=242.47

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

Realord Group Holdings'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)
=(221.787+0.75 * 543.427+0.5 * 5612.574-15382.866
-0-1505.124)/1440.71
=-9.34

* 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.


Realord Group Holdings Accounts Receivable Related Terms

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Realord Group Holdings (HKSE:01196) Business Description

Traded in Other Exchanges
N/A
Address
1 Connaught Place, 24th Floor, Jardine House, Central, Hong Kong, HKG
Realord Group Holdings Ltd is an investment holding company that operates in the following segments: 1) Property Segment; 2) Financial Services Segment; 3) Environmental Protection Segment; 4) Motor Vehicle Parts Segment; 5) Commercial Printing Segment; 6) Department Store Segment; 7) LAC Segment; 8) Hangtag Segment; and 9) Cinema Operation Segment.
Executives
Ma Chao 2101 Beneficial owner
Ma Chao 2101 Beneficial owner
Lin Xiaohui 2501 Other
Su Jiaohua 2202 Interest of your spouse
Manureen Holdings Limited 2101 Beneficial owner

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