Yield Go Holdings (HKSE:01796) Accounts Receivable : HK$30.4 Mil (As of Sep. 2023)

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What is Yield Go Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yield Go Holdings's accounts receivables for the quarter that ended in Sep. 2023 was HK$30.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yield Go Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 25.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yield Go Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.08.

Yield Go Holdings Accounts Receivable Historical Data

The historical data trend for Yield Go 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.

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Yield Go Holdings Accounts Receivable Chart

Yield Go Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

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38.55

52.56

25.27

27.26

40.44

Yield Go Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial									22.61	27.26	29.84	40.44	30.39

Yield Go Holdings Accounts Receivable Calculation

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

Yield Go 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.

Yield Go 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
=	30.393	/	218.039	*	91
=	25.44

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

Yield Go 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)
=	(37.247	+	0.75 * 30.393	+	0.5 * 0	-	96.264
-	0	-	0)	/	480
=	-0.08

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.

Yield Go Holdings Accounts Receivable Related Terms

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Yield Go Holdings (HKSE:01796) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yield Go Holdings Ltd (HKSE:01796) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Hoi Shing Road, Unit 3, 32/F, Cable TV Tower, Tsuen Wan, New Territoties, Hong Kong, HKG

Website

http://www.yield-go.com

Yield Go Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in fitting out services and supply of fitting out materials. The fitting-out works of the company are conducted on new buildings and interior renovation works on existing buildings that involve upgrades, makeovers, and demolition of existing works for residential and commercial properties in Hong Kong.

Executives

Tse Shiu Hoi	2201 Interest of corporation controlled by you
Tse's Finance Limited	2106 Person having a security interest in shares
Huang Hou	2201 Interest of corporation controlled by you
Ultra Accord Limited	2106 Person having a security interest in shares
Chu Chui Ling	2106 Person having a security interest in shares
Yuan Feng Ventures Limited	2101 Beneficial owner
Chen Yidong	2201 Interest of corporation controlled by you
Hoi Lang Holdings Ltd.	2106 Person having a security interest in shares
Master Success International Investment Limited	2101 Beneficial owner
Man Hoi Yuen	2201 Interest of corporation controlled by you
Ng Yuen Chun	2202 Interest of your spouse

Yield Go Holdings (HKSE:01796) Headlines

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