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Linklogis (HKSE:09959) Accounts Receivable : HK$318.1 Mil (As of Dec. 2023)


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What is Linklogis Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Linklogis's accounts receivables for the quarter that ended in Dec. 2023 was HK$318.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Linklogis's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 111.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Linklogis's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$2.75.


Linklogis Accounts Receivable Historical Data

The historical data trend for Linklogis'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.

Linklogis Accounts Receivable Chart

Linklogis Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 169.99 266.93 311.11 382.04 318.12

Linklogis Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 311.11 333.61 382.04 269.19 318.12

Linklogis Accounts Receivable Calculation

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


Linklogis 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=318.122/521.44*91
=111.34

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

Linklogis'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)
=(6721.027+0.75 * 318.122+0.5 * 0-675.661
-0--3.041)/2284.98
=2.75

* 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.


Linklogis Accounts Receivable Related Terms

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Linklogis (HKSE:09959) Business Description

Traded in Other Exchanges
Address
No. 3099 Keyuan South Road, Floor 36, CES Building, Nanshan District, Guangdong, Shenzhen, CHN, 518063
Linklogis Inc is a technology solution provider for supply chain finance in China. The company's platform uses big data, artificial intelligence, and blockchain technologies to create a financial service platform to directly connect the asset side and the fund side, enabling small-sized companies to raise funding conveniently. It operates in two segments: Supply chain finance technology solutions and Emerging solutions. Supply chain finance technology solutions include Anchor Cloud and FI Cloud. Emerging Solutions include Crossborder Cloud and SME credit tech solutions.

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