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Leather Footwear and Garment Making Exporting (HSTC:LGM) Accounts Receivable : ₫0.00 Mil (As of . 20)


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What is Leather Footwear and Garment Making Exporting Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Leather Footwear and Garment Making Exporting's accounts receivables for the quarter that ended in . 20 was ₫0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Leather Footwear and Garment Making Exporting's Net-Net Working Capital per share for the quarter that ended in . 20 was ₫N/A.


Leather Footwear and Garment Making Exporting Accounts Receivable Historical Data

The historical data trend for Leather Footwear and Garment Making Exporting'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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Leather Footwear and Garment Making Exporting Accounts Receivable Chart

Leather Footwear and Garment Making Exporting Annual Data
Trend
Accounts Receivable

Leather Footwear and Garment Making Exporting Semi-Annual Data
Accounts Receivable

Leather Footwear and Garment Making Exporting Accounts Receivable Calculation

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


Leather Footwear and Garment Making Exporting 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.

Leather Footwear and Garment Making Exporting's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Leather Footwear and Garment Making Exporting's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Leather Footwear and Garment Making Exporting Accounts Receivable Related Terms

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Leather Footwear and Garment Making Exporting Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
15 Truong Son, Ward 15, District 10, Ho Chi Minh City, VNM
Leather Footwear and Garment Making Exporting Corp is engaged in the manufacturing and processing of leather goods and garments for export to the Soviet Union and some other countries. It is engaged in activities like producing, trading and processing all kinds of garment and household products, direct import and export of garment and household products and design and manufacture fashion clothing and uniforms for domestic and export markets.

Leather Footwear and Garment Making Exporting Headlines

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