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Pak Fah Yeow International (HKSE:00239) Accounts Receivable : HK$19.2 Mil (As of Dec. 2024)


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What is Pak Fah Yeow International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pak Fah Yeow International's accounts receivables for the quarter that ended in Dec. 2024 was HK$19.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pak Fah Yeow International's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 33.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pak Fah Yeow International's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$0.64.


Pak Fah Yeow International Accounts Receivable Historical Data

The historical data trend for Pak Fah Yeow International'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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Pak Fah Yeow International Accounts Receivable Chart

Pak Fah Yeow International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 3.00 5.93 17.44 19.19

Pak Fah Yeow International Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 5.93 16.14 17.44 6.40 19.19

Pak Fah Yeow International Accounts Receivable Calculation

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


Pak Fah Yeow International 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.

Pak Fah Yeow International's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.19/104.362*91
=33.56

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

Pak Fah Yeow International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(290.02+0.75 * 19.19+0.5 * 12.083-111.446
-0-0)/311.640
=0.64

* 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.


Pak Fah Yeow International Accounts Receivable Related Terms

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Pak Fah Yeow International Business Description

Traded in Other Exchanges
N/A
Address
200 Gloucester Road, 11th Floor, Wanchai, Hong Kong, HKG
Pak Fah Yeow International Ltd, with its subsidiaries, is engaged in the manufacture and distribution of healthcare products, including Hoe Hin branded products. It also engages in real estate investment and treasury investment businesses. It has three business segments, namely healthcare, property investments, and treasury investments. The Company derives the majority of its revenues from the Healthcare segment.
Executives
Gan Fock Wai Stephen 2101 Beneficial owner
Brooke Jonathan William 2101 Beneficial owner

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