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HKD (AMTD Digital) Accounts Receivable : $6.65 Mil (As of Oct. 2024)


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What is AMTD Digital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AMTD Digital's accounts receivables for the quarter that ended in Oct. 2024 was $6.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AMTD Digital's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was $-2.20.


AMTD Digital Accounts Receivable Historical Data

The historical data trend for AMTD Digital'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.

AMTD Digital Accounts Receivable Chart

AMTD Digital Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Oct24
Accounts Receivable
Get a 7-Day Free Trial 1.43 8.94 5.04 9.80 6.65

AMTD Digital Semi-Annual Data
Apr19 Apr20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Oct24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 5.04 9.64 9.80 0.93 6.65

AMTD Digital Accounts Receivable Calculation

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


AMTD Digital 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.

AMTD Digital's Days Sales Outstanding for the quarter that ended in Oct. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.645/0*91
=

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

AMTD Digital's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(40.693+0.75 * 6.645+0.5 * 0-344.172
-0-140.289)/199.241
=-2.20

* 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.


AMTD Digital Accounts Receivable Related Terms

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AMTD Digital Business Description

Traded in Other Exchanges
N/A
Address
27-29 rue de Bassano, Paris, FRA, 75008
AMTD Digital Inc along with its subsidiaries, is mainly involved in the provision of digital solutions services. Its reportable segments are digital solutions services segment, hotel operations, hospitality and VIP services segment and media and entertainment services. The company generates maximum revenue by providing financial digital solutions through its insurance brokerage services and other digital solutions services. Geographically, the company generates maximum revenue from Hong Kong and Singapore.