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Golden Son (DHA:GOLDENSON) Accounts Receivable : BDT1,726.0 Mil (As of Dec. 2023)


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What is Golden Son Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Golden Son's accounts receivables for the quarter that ended in Dec. 2023 was BDT1,726.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Golden Son's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 725.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Golden Son's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was BDT-14.97.


Golden Son Accounts Receivable Historical Data

The historical data trend for Golden Son'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.

Golden Son Accounts Receivable Chart

Golden Son Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,628.64 1,449.70 1,694.87 1,601.84 1,585.88

Golden Son Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,703.16 1,616.52 1,585.88 1,683.72 1,725.96

Golden Son Accounts Receivable Calculation

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


Golden Son 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.

Golden Son's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1725.957/216.984*91
=725.83

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

Golden Son'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)
=(57.984+0.75 * 1725.957+0.5 * 1378.365-4611.628
-0--0.009)/171.73
=-14.97

* 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.


Golden Son Accounts Receivable Related Terms

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Golden Son (DHA:GOLDENSON) Business Description

Traded in Other Exchanges
N/A
Address
Khowaj Nagar, P.O: Ajimpara, P.S: Karnaphuli, Chattogram, BGD
Golden Son Ltd manufactures, imports, exports and sells hot pot, food warmer, fan components, baby toys, plastic products, garments accessories, and solar lightings. Its principal activities include manufacturing of household electronics and electrical goods, Twill tape, hotpots and various types of toys, etc. Its products portfolio is divided into garments accessories including adjustable elastic, buttonhole elastic, selvedge tape, canvas tape, gross grain tape, herringbone twill tape, among others; household items such as dream pot, dream food warmer, and accessories; screw including wooden screw, self-drilling screw, roofing screw, tapping screw, and pan head screw; toys that include soft toys.

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