SU Group Holdings (SU Group Holdings) Accounts Receivable : $4.47 Mil (As of Sep. 2023)

View and export this data going back to 2024. Start your Free Trial

What is SU Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SU Group Holdings's accounts receivables for the quarter that ended in Sep. 2023 was $4.47 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SU Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 95.78.

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

SU Group Holdings Accounts Receivable Historical Data

The historical data trend for SU Group 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.

SU Group Holdings Accounts Receivable Chart

SU Group Holdings Annual Data

Trend

Sep21

Sep22

Sep23

Accounts Receivable

3.90

3.02

4.47

SU Group Holdings Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	3.90	-	3.02	5.48	4.47

SU Group Holdings Accounts Receivable Calculation

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

SU Group 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.

SU Group 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
=	4.468	/	8.513	*	91
=	95.78

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

SU Group 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)
=	(2.095	+	0.75 * 4.468	+	0.5 * 5.227	-	7.411
-	0	-	0)	/	13.25
=	0.05

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.

SU Group Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of SU Group Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

SU Group Holdings (SU Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SU Group Holdings Ltd (NAS:SUGP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Hung To Road, Unit 01 – 03, 3/F, Billion Trade Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sugroup.com.hk

SU Group Holdings Ltd and its subsidiaries is an integrated security-related services company that primarily provides security-related engineering services, and to a lesser extent, security guarding and screening services and related vocational training services, in Hong Kong.

SU Group Holdings (SU Group Holdings) Headlines

From GuruFocus

SU Group Holdings Limited Announces Pricing of Initial Public Offering

By PRNewswire • 01-23-2024