GURUFOCUS.COM » STOCK LIST » Technology » Hardware » E I L Holdings Ltd (NAS:EIL) » Definitions » Accounts Receivable

E I L Holdings (E I L Holdings) Accounts Receivable : $20.26 Mil (As of Jun. 2023)


View and export this data going back to 2050. Start your Free Trial

What is E I L Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. E I L Holdings's accounts receivables for the quarter that ended in Jun. 2023 was $20.26 Mil.

Accounts receivable can be measured by Days Sales Outstanding. E I L Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 92.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. E I L Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $N/A.


E I L Holdings Accounts Receivable Historical Data

The historical data trend for E I L 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.

E I L Holdings Accounts Receivable Chart

E I L Holdings Annual Data
Trend Dec21 Dec22
Accounts Receivable
20.86 19.04

E I L Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Accounts Receivable 20.86 - 19.04 20.26

E I L Holdings Accounts Receivable Calculation

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


E I L 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.

E I L 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
=20.258/40.022*91
=92.38

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

E I L 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)
=(1.007+0.75 * 20.258+0.5 * 16.583-39.776
-0-0)/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.


E I L Holdings Accounts Receivable Related Terms

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


E I L Holdings (E I L Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit A, 17/F, Mai Wah Industrial Building, 1-7 Wah Sing Street, Kwai Chung, Hong Kong, HKG
Website
E I L Holdings Ltd is a company principally engaged in the supply of electronic components and sensors to our customers and have positioned themselves as a value-added electronic component, sensor and engineering solutions provider able to provide sensors and components, engineering solutions and reference design, consultation of application feasibility study and professional logistics services in bridging customers and electronic component producers in the electronics industry.

E I L Holdings (E I L Holdings) Headlines

No Headlines