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Brainhole Technology (HKSE:02203) Accounts Receivable : HK$60.3 Mil (As of Dec. 2023)


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What is Brainhole Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brainhole Technology's accounts receivables for the quarter that ended in Dec. 2023 was HK$60.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Brainhole Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 125.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brainhole Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.05.


Brainhole Technology Accounts Receivable Historical Data

The historical data trend for Brainhole Technology'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.

Brainhole Technology Accounts Receivable Chart

Brainhole Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.34 97.53 117.00 82.85 60.27

Brainhole Technology Semi-Annual Data
Dec14 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 117.00 108.61 82.85 83.29 60.27

Brainhole Technology Accounts Receivable Calculation

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


Brainhole Technology 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.

Brainhole Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=60.272/87.952*91
=125.06

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

Brainhole Technology'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)
=(111.749+0.75 * 60.272+0.5 * 29-212.434
-0-0)/800
=-0.05

* 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.


Brainhole Technology Accounts Receivable Related Terms

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Brainhole Technology (HKSE:02203) Business Description

Traded in Other Exchanges
N/A
Address
979 King’s Road, One Taikoo Place, Suites 1801-03, 18th Floor, Quarry Bay, Hong Kong, HKG
Brainhole Technology Ltd is an investment holding company. The reportable segments of the company are as follows, 1) Manufacturing segment engages in selling electronic goods and electrical parts and components manufactured by the Group. 2) Trading segment engages in trading of electronic goods and electrical parts and components sourced from third-party suppliers. 3) Broadband infrastructure and smart domain segment engages in the provision of broadband infrastructure construction services, promotion of broadband services, smart domain solution services and operating leases for broadband infrastructure. 4) Strategic investments segment engages in trading of digital assets and listed equity securities.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
China Galaxy International Securities (hong Kong) Co., Limited 2106 Person having a security interest in shares
China Galaxy Financial Holdings Company Limited 2201 Interest of corporation controlled by you
China Galaxy International Financial Holdings Limited 2201 Interest of corporation controlled by you
China Galaxy Securities Co., Ltd. 2201 Interest of corporation controlled by you
Yoho Bravo Limited 2101 Beneficial owner
Zhang Liang, Johnson 2201 Interest of corporation controlled by you

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