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Termbray Industries International Holdings (HKSE:00093) Accounts Receivable : HK$0.0 Mil (As of Dec. 2023)


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What is Termbray Industries International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Termbray Industries International Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Termbray Industries International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Termbray Industries International Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.02.


Termbray Industries International Holdings Accounts Receivable Historical Data

The historical data trend for Termbray Industries 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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Termbray Industries International Holdings Accounts Receivable Chart

Termbray Industries International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Accounts Receivable
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Termbray Industries International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Termbray Industries International Holdings Accounts Receivable Calculation

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


Termbray Industries 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.

Termbray Industries International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/101.758*91
=0.00

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

Termbray Industries International Holdings'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)
=(101.166+0.75 * 0+0.5 * 54.265-184.202
-0-0)/2667.64
=-0.02

* 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.


Termbray Industries International Holdings Accounts Receivable Related Terms

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Termbray Industries International Holdings (HKSE:00093) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, Room 2107-08, 21st Floor, Cosco Tower, Sheung Wan, Hong Kong, HKG
Termbray Industries International Holdings Ltd is engaged in the property investment and development and money lending business providing loans in Hong Kong. It operates through two segments: Property development and investment segment which include Property development for the sale of properties in the PRC and property investment for letting properties in Hong Kong and the PRC and generating majority revenue for the company. The Money lending segment provides mortgage and personal loan financing to customers. Geographically, it derives most of its revenue from Hong Kong.
Executives
Hsbc International Trustee Limited 2301 Trustee
Lee & Leung (b.v.i.) Limited 2101 Beneficial owner
Lee & Leung Family Investment Limited 2201 Interest of corporation controlled by you
Aeasy Finance Holdings Limited 2201 Interest of corporation controlled by you
Lee Tommy 2201 Interest of corporation controlled by you
Lee Lap 2501 Other
Leung Lai Ping 2305 Beneficiary of a trust

Termbray Industries International Holdings (HKSE:00093) Headlines

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