Transtech Optelecom Science Holdings (HKSE:09963) Accounts Receivable

: HK$43.2 Mil (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Transtech Optelecom Science Holdings's accounts receivables for the quarter that ended in Jun. 2023 was HK$43.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Transtech Optelecom Science Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 76.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Transtech Optelecom Science Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was HK$0.07.

Transtech Optelecom Science Holdings Accounts Receivable Historical Data

The historical data trend for Transtech Optelecom Science 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.

Transtech Optelecom Science Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

277.04

320.80

182.60

54.74

42.55

Transtech Optelecom Science Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable														182.60	168.86	54.74	43.18	42.55

Transtech Optelecom Science Holdings Accounts Receivable Calculation

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

Transtech Optelecom Science 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.

Transtech Optelecom Science Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	43.176	/	102.956	*	91
=	76.53

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

Transtech Optelecom Science Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(36.216	+	0.75 * 43.176	+	0.5 * 61.722	-	80.086
-	0	-	0)	/	260
=	0.07

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.

Transtech Optelecom Science Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Transtech Optelecom Science Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Transtech Optelecom Science Holdings (HKSE:09963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Transtech Optelecom Science Holdings Ltd (HKSE:09963) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

http://www.transtechoptel.com

Transtech Optelecom Science Holdings Ltd is a part of the telecommunication industry. The company has two segments namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. Majority of the revenue is earned from Thailand.

Transtech Optelecom Science Holdings (HKSE:09963) Headlines

No Headlines