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HQDA Elderly Life Network (HQDA Elderly Life Network) Accounts Receivable : $0.03 Mil (As of Mar. 2022)


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What is HQDA Elderly Life Network Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HQDA Elderly Life Network's accounts receivables for the quarter that ended in Mar. 2022 was $0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HQDA Elderly Life Network's Days Sales Outstanding for the quarter that ended in Mar. 2022 was 11.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HQDA Elderly Life Network's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-0.05.


HQDA Elderly Life Network Accounts Receivable Historical Data

The historical data trend for HQDA Elderly Life Network'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.

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HQDA Elderly Life Network Accounts Receivable Chart

HQDA Elderly Life Network Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 - 0.41 0.05 0.03

HQDA Elderly Life Network Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.05 0.03 0.04 0.02 0.03

HQDA Elderly Life Network Accounts Receivable Calculation

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


HQDA Elderly Life Network 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.

HQDA Elderly Life Network's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.026/0.2*91
=11.86

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

HQDA Elderly Life Network's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 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)
=(0.012+0.75 * 0.026+0.5 * 0-7.215
-0-0)/139.314
=-0.05

* 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.


HQDA Elderly Life Network Accounts Receivable Related Terms

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HQDA Elderly Life Network (HQDA Elderly Life Network) Business Description

Traded in Other Exchanges
N/A
Address
8780 Valley Boulevard, Suite J, Rosemead, CA, USA, 91770
HQDA Elderly Life Network Corp is engaged in providing seniors living residences with a supportive, home life setting with care and services, including activities of daily living, life enrichment, and health and wellness in certain cities in China. The company also operates a network carrier, providing scheduled air transportation to passengers, and travel destination services to leisure travelers. It operates in a single segment being senior housing and retirement services.
Executives
Ann-marie Cederholm director, officer: CFO 102-137 EAST 1ST STREET, NORTH VANCOUVER A1 V7L 1B2
Timothy A Coupland director, 10 percent owner, officer: CEO 1090 SHAMAN CRES, DELTA A1 V4M 2L7
Brian David Game director 3140 RICHMOND STREET, RICHMOND A1 V7E 2V6

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