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Hua Hong Semiconductor (Hua Hong Semiconductor) Accounts Receivable : $212 Mil (As of Dec. 2023)


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What is Hua Hong Semiconductor Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hua Hong Semiconductor's accounts receivables for the quarter that ended in Dec. 2023 was $212 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hua Hong Semiconductor's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 42.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hua Hong Semiconductor's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.82.


Hua Hong Semiconductor Accounts Receivable Historical Data

The historical data trend for Hua Hong Semiconductor'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.

Hua Hong Semiconductor Accounts Receivable Chart

Hua Hong Semiconductor 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 120.36 96.19 152.62 227.82 211.72

Hua Hong Semiconductor Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 240.55 227.82 238.37 318.79 211.72

Hua Hong Semiconductor Accounts Receivable Calculation

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


Hua Hong Semiconductor 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=211.718/455.361*91
=42.43

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

Hua Hong Semiconductor'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)
=(5585.181+0.75 * 211.718+0.5 * 628.577-2928.876
-0-1713.549)/1716.59
=0.82

* 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.


Hua Hong Semiconductor Accounts Receivable Related Terms

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Hua Hong Semiconductor (Hua Hong Semiconductor) Business Description

Traded in Other Exchanges
Address
288 Halei Road, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203
Hua Hong Semiconductor, or Hua Hong, is the second-largest Chinese foundry and the seventh-largest globally. Its current form is a result of an intragroup restructuring completed in 2013. Hua Hong is headquartered in Shanghai with another plant in Wuxi, China, and has sales offices in Japan, Taiwan and the U.S. It employs more than 6,700 employees. Hua Hong's products are used on smartphones, PCs, for the Internet of Things, data centers, and for automotive and industrial purposes, and so on, but it focuses on more mature process technologies.

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