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Kinatico (ASX:KYP) Accounts Receivable : A$2.58 Mil (As of Dec. 2023)


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What is Kinatico Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kinatico's accounts receivables for the quarter that ended in Dec. 2023 was A$2.58 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kinatico's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 32.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kinatico's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.01.


Kinatico Accounts Receivable Historical Data

The historical data trend for Kinatico'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.

Kinatico Accounts Receivable Chart

Kinatico Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 0.69 0.70 2.80 2.80 2.37

Kinatico Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.93 2.80 2.92 2.37 2.58

Kinatico Accounts Receivable Calculation

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


Kinatico 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.575/14.343*91
=32.76

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

Kinatico'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)
=(9.109+0.75 * 2.575+0.5 * 0-7.259
-0-0)/419.653
=0.01

* 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.


Kinatico Accounts Receivable Related Terms

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Kinatico (ASX:KYP) Business Description

Traded in Other Exchanges
N/A
Address
999 Hay Street, Level 4, Perth, WA, AUS, 6000
Kinatico Ltd is a know-your-people technology company helping employers to manage their workforce and meet their regulatory compliance needs. It operates an online screening and verification service through its website cvcheck.biz. The company has developed an online interface for users to engage CVCheck to access primary and third-party information data providers and sources. Its geographical segments are Australia and New Zealand. Generating, a majority of its revenue from Australia.

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