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Yee Hop Holdings (HKSE:01662) Accounts Receivable : HK$121.0 Mil (As of Sep. 2023)


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What is Yee Hop Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yee Hop Holdings's accounts receivables for the quarter that ended in Sep. 2023 was HK$121.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yee Hop Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 57.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yee Hop Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.62.


Yee Hop Holdings Accounts Receivable Historical Data

The historical data trend for Yee Hop 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.

Yee Hop Holdings Accounts Receivable Chart

Yee Hop Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 126.44 150.69 228.90 191.48 131.45

Yee Hop Holdings Semi-Annual Data
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 159.83 191.48 70.80 131.45 121.02

Yee Hop Holdings Accounts Receivable Calculation

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


Yee Hop 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=121.023/387.207*91
=57.04

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

Yee Hop Holdings'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)
=(160.915+0.75 * 121.023+0.5 * 0-574.514
-0--14.469)/500.000
=-0.62

* 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.


Yee Hop Holdings Accounts Receivable Related Terms

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Yee Hop Holdings (HKSE:01662) Business Description

Traded in Other Exchanges
N/A
Address
19 Lam Lok Street, Units 1104-06, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG
Yee Hop Holdings Ltd is an investment company. The company's operating segment includes Foundation and other civil works; Tunneling works and Premises revitalization and enhancement. It generates maximum revenue from the Foundation and other civil works segments. The services of the company include the construction of mini-piles, rock-socketed steel H-piles, driven steel H piles, and other civil works. Geographically, the company derives majority of its revenue from Hong Kong and has a presence in PRC and the Philippines.
Executives
Lee Sze Wing Mabel 2202 Interest of your spouse
Chui Mo Ming 2101 Beneficial owner
Jj1318 Holdings Limited 2101 Beneficial owner
Jim Yin Kwan Jackin 2201 Interest of corporation controlled by you
Xu Junmin 2101 Beneficial owner

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