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Hopewell Holdings (Hopewell Holdings) Accounts Receivable : $3.4 Mil (As of Jun. 2018)


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What is Hopewell Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hopewell Holdings's accounts receivables for the quarter that ended in Jun. 2018 was $3.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hopewell Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 5.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hopewell Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $1.04.


Hopewell Holdings Accounts Receivable Historical Data

The historical data trend for Hopewell 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.

Hopewell Holdings Accounts Receivable Chart

Hopewell Holdings Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.60 17.59 3.67 3.53 3.44

Hopewell Holdings Semi-Annual Data
Jun08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 3.67 4.93 3.53 4.87 3.44

Hopewell Holdings Accounts Receivable Calculation

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


Hopewell 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.

Hopewell Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.436/112.752*91
=5.56

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

Hopewell Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=(1320.799+0.75 * 3.436+0.5 * 71.025-433.415
-0-24.131)/869.145
=1.04

* 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.


Hopewell Holdings Accounts Receivable Related Terms

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Hopewell Holdings (Hopewell Holdings) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road East, 64th Floor, Hopewell Centre, Wan Chai, Hong Kong, HKG
Hopewell Holdings Ltd is an investment and infrastructure company domiciled in Hong Kong. The company operates through seven segments: property investment; hotel, restaurant, and catering operation; property development; toll road investment; power plant; treasury income; and other operations. Toll road investment, the most significant contributor to revenue, invests in toll road projects. Property investment and property development are the next most significant segments, and let, manage, develop, and sell property investments. Power plant, which contributes a similar amount of revenue as property investment and property development, operates power plant assets. The company derives the majority of income domestically, and also operates in the People's Republic of China.

Hopewell Holdings (Hopewell Holdings) Headlines

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