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VPower Group International Holdings (FRA:2V3) Accounts Receivable : €349.5 Mil (As of Jun. 2024)


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What is VPower Group International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VPower Group International Holdings's accounts receivables for the quarter that ended in Jun. 2024 was €349.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VPower Group International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 656.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VPower Group International Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.03.


VPower Group International Holdings Accounts Receivable Historical Data

The historical data trend for VPower Group International 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.

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VPower Group International Holdings Accounts Receivable Chart

VPower Group International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.34 66.41 308.10 363.44 337.43

VPower Group International Holdings Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 337.74 363.44 333.87 337.43 349.46

VPower Group International Holdings Accounts Receivable Calculation

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


VPower Group International 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.

VPower Group International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=349.464/97.131*91
=656.61

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

VPower Group International Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(30.12+0.75 * 349.464+0.5 * 98.993-510.837
-0-0.033)/6669.48
=-0.03

* 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.


VPower Group International Holdings Accounts Receivable Related Terms

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VPower Group International Holdings Business Description

Traded in Other Exchanges
Address
18–22 Tak Fung Street, Units 2701-05, 27th Floor, Office Tower 1, The Harbourfront, Hung Hom, Kowloon, Hong Kong, HKG
VPower Group International Holdings Ltd is engaged in the design, integration, sale and installation of engine-based electricity generation units and the provision of distributed power solutions, including the design of, investment in, building and operation of distributed power generation stations. The company operates in two reportable segments as follows: (a) the SI segment designs, integrates, sells and installs engine-based electricity generation units; and b) the IBO segment designs, invests in, builds and operates distributed power generation stations to provide distributed power solutions. Key revenue is generated from IBO segment.

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