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Value Partners Group (FRA:9Z1) Accounts Receivable : €11.66 Mil (As of Dec. 2023)


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What is Value Partners Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Value Partners Group's accounts receivables for the quarter that ended in Dec. 2023 was €11.66 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Value Partners Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 76.11.

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


Value Partners Group Accounts Receivable Historical Data

The historical data trend for Value Partners Group'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.

Value Partners Group Accounts Receivable Chart

Value Partners Group 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 20.69 173.35 21.57 8.14 11.66

Value Partners Group Semi-Annual Data
Jun14 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 Premium Member Only 21.57 9.40 8.14 7.40 11.66

Value Partners Group Accounts Receivable Calculation

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


Value Partners Group 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.

Value Partners Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.657/27.953*91
=76.11

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

Value Partners Group'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)
=(207.275+0.75 * 11.657+0.5 * 0-133.313
-0-0)/1826.71
=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.


Value Partners Group Accounts Receivable Related Terms

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Value Partners Group (FRA:9Z1) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, 43rd Floor, The Center, Hong Kong, HKG
Value Partners Group Ltd offers asset management portfolios for institutional and individual clients in the Asia Pacific, Europe, and the United States. Fund options include absolute return funds, fixed-income products, long-short hedge funds, exchange-traded funds, and quantitative funds. Inflows for Value's products come by way of a distribution network that includes retail banks, private banks, and insurance companies. Retail investors are the majority contributors to the firm's host of funds with a majority of the Value's assets held by funds within its group of brands. The firm provides other fund opportunities under white-label and co-branded funds.

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