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8990 Holdings (PHS:HOUSE) Accounts Receivable : ₱11,737 Mil (As of Mar. 2024)


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What is 8990 Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 8990 Holdings's accounts receivables for the quarter that ended in Mar. 2024 was ₱11,737 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 8990 Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 205.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 8990 Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₱-3.90.


8990 Holdings Accounts Receivable Historical Data

The historical data trend for 8990 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.

8990 Holdings Accounts Receivable Chart

8990 Holdings 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 2,878.32 1,454.40 2,691.30 4,000.87 3,413.52

8990 Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3,793.27 6,006.37 5,043.59 3,413.52 11,737.12

8990 Holdings Accounts Receivable Calculation

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


8990 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.

8990 Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11737.118/5199.885*91
=205.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 8990 Holdings's accounts receivable are only considered to be worth 75% of book value:

8990 Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(1477.801+0.75 * 11737.118+0.5 * 52175.748-57261.008
-0-109.543)/5391.4
=-3.90

* 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.


8990 Holdings Accounts Receivable Related Terms

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8990 Holdings (PHS:HOUSE) Business Description

Traded in Other Exchanges
Address
104 H.V. Dela Costa Street, Unit 1104, 11th Floor, Liberty Center, Salcedo Village, Makati, PHL, 1200
8990 Holdings Inc is a holding company with subsidies that operate in housing and resort real estate development. The group's operating segments are managed in four separate segments according to the nature of their products and markets as follows: Low-cost Mass Housing, Medium-rise Condominium, High-rise Condominium, and Others. The Low-Cost Mass Housing segment caters to the development and sale of residential lots and units, and it is responsible for generating a majority of the company's revenue. All the company's operations take place in the Philippines where it earns all its revenue.

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