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Besunyen Holdings Co (HKSE:00926) Accounts Receivable : HK$52.7 Mil (As of Dec. 2023)


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What is Besunyen Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Besunyen Holdings Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$52.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Besunyen Holdings Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 44.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Besunyen Holdings Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$1.34.


Besunyen Holdings Co Accounts Receivable Historical Data

The historical data trend for Besunyen 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.

Besunyen Holdings Co Accounts Receivable Chart

Besunyen Holdings Co 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 155.42 77.82 115.17 116.32 52.72

Besunyen Holdings Co 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 115.17 140.11 116.32 118.24 52.72

Besunyen Holdings Co Accounts Receivable Calculation

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


Besunyen 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.

Besunyen 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
=52.715/218.634*91
=44.00

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

Besunyen 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)
=(276.494+0.75 * 52.715+0.5 * 25.779-165.131
-0-0)/122.266
=1.34

* 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.


Besunyen Holdings Co Accounts Receivable Related Terms

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Besunyen Holdings Co (HKSE:00926) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Qiushi Industrial Park, Fangshan District, Doudian Town, Beijing, CHN, 102433
Besunyen Holdings Co Ltd is engaged in the production and sales of health food, pharmaceutical ingredients and preparations and food products. The group uses natural Chinese herbal-based medicine and tea leaves as raw materials, researches and develops, formulates and produces the Two Teas. Besunyen Detox Tea and Besunyen Slimming Tea are the company's products. The firm operates in two segments, the Tea products segment and Weight-loss and other medicines segment.
Executives
Gao Yan 2101 Beneficial owner
Zhao Yihong 2202 Interest of your spouse
Tmf Trust (hk) Limited 2301 Trustee
Foreshore Holding Group Limited 2101 Beneficial owner
Sea Network Holdings Limited 2201 Interest of corporation controlled by you
Everyoung Investment Holdings Limited 2101 Beneficial owner
Peng Wei 2101 Beneficial owner
Kcs Trust Limited

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