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Helens International Holdings Co (HKSE:09869) Accounts Receivable : HK$52 Mil (As of Dec. 2023)


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What is Helens International Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Helens International Holdings Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$52 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Helens International Holdings Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.85.


Helens International Holdings Co Accounts Receivable Historical Data

The historical data trend for Helens International Holdings 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.

* Premium members only.

Helens International Holdings Co Accounts Receivable Chart

Helens International Holdings Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial - - - - 52.43

Helens International Holdings Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 52.43

Helens International Holdings Co Accounts Receivable Calculation

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


Helens International Holdings 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.

Helens International Holdings 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
=52.425/0*91
=

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

Helens International Holdings 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)
=(1396.996+0.75 * 52.425+0.5 * 22.113-375.797
-0-0)/1266.9
=0.85

* 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.


Helens International Holdings Co Accounts Receivable Related Terms

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Helens International Holdings Co (HKSE:09869) Business Description

Traded in Other Exchanges
Address
No. 792 Gaoxin Avenue, Building B2, Guanggu Chongwen Centre Phase I, East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN
Helens International Holdings Co Ltd is principally engaged in bar operations and franchise business.
Executives
Cantrust (far East) Limited 2301 Trustee
Hhl International Limited 2101 Beneficial owner
Hlsh Holding Limited 2201 Interest of corporation controlled by you
Xu Bingzhong 2307 Founder of a discretionary trust who can infl
Xu Bingzhong 2307 Founder of a discretionary trust who can infl

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