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FEDU (Four Seasons Education (Cayman)) Accounts Receivable : $0.45 Mil (As of Feb. 2024)


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What is Four Seasons Education (Cayman) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Four Seasons Education (Cayman)'s accounts receivables for the quarter that ended in Feb. 2024 was $0.45 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Four Seasons Education (Cayman)'s Days Sales Outstanding for the quarter that ended in Feb. 2024 was 9.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Four Seasons Education (Cayman)'s Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $6.52.


Four Seasons Education (Cayman) Accounts Receivable Historical Data

The historical data trend for Four Seasons Education (Cayman)'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.

Four Seasons Education (Cayman) Accounts Receivable Chart

Four Seasons Education (Cayman) Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.18 0.06 0.32 0.13 0.45

Four Seasons Education (Cayman) Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.32 0.16 0.13 0.86 0.45

Four Seasons Education (Cayman) Accounts Receivable Calculation

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


Four Seasons Education (Cayman) 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.

Four Seasons Education (Cayman)'s Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.452/8.843*91
=9.33

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

Four Seasons Education (Cayman)'s Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 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)
=(41.154+0.75 * 0.452+0.5 * 0-20.576
-0-7.109)/2.11634
=6.52

* 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.


Four Seasons Education (Cayman) Accounts Receivable Related Terms

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Four Seasons Education (Cayman) Business Description

Traded in Other Exchanges
N/A
Address
309 Yuyuan Road, Room 1301, Zi'an Building, Jing'an District, Shanghai, CHN, 200040
Four Seasons Education (Cayman) Inc is engaged in the provision of after-school education services for kindergarten, elementary and middle school students. The Company derives its revenue from learning services, tourism services, and learning technology and content solutions. The company is a comprehensive educational enterprise that provides research practice services, educational informatization equipment, high-quality educational resources, and teacher training, as well as a digital publishing business, and continues to expand in educational research and educational informatization.