Superland Group Holdings (HKSE:00368) Accounts Receivable : HK$127.3 Mil (As of Jun. 2024)

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What is Superland Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Superland Group Holdings's accounts receivables for the quarter that ended in Jun. 2024 was HK$127.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Superland Group Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 57.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Superland Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.77.

Superland Group Holdings Accounts Receivable Historical Data

The historical data trend for Superland Group 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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Superland Group Holdings Accounts Receivable Chart

Superland Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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131.06

70.62

92.06

187.49

114.86

Superland Group Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Receivable	Get a 7-Day Free Trial								110.58	187.49	111.81	114.86	127.32

Superland Group Holdings Accounts Receivable Calculation

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

Superland Group 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.

Superland Group 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
=	127.322	/	404.683	*	91
=	57.42

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

Superland Group 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)
=	(57.863	+	0.75 * 127.322	+	0.5 * 0	-	769.475
-	0	-	0)	/	800.000
=	-0.77

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.

Superland Group Holdings Accounts Receivable Related Terms

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Superland Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Superland Group Holdings Ltd (HKSE:00368) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Wai Yip Street, Yin Da Commercial Building, Flat A&B, 3rd Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.superland-group.com

Superland Group Holdings Ltd is a contractor based in Hong Kong providing fitting-out services and repair and maintenance services registered electrical contractor, registered sub-contractor and registered minor works contractor in Hong Kong. Its fitting-out services cover ceiling, flooring, wall, lighting, glass, metal, wood, stone and plastering works conducted on new buildings and property projects. It also sources and installs doors, furniture and accessories tailor-made according to the specifications of its customers. Its repair and maintenance services cover upgrade, restoration and improvement, and repair, replacement or installation of interior decorative parts conducted on existing premises.

Executives

Fate Investment Company Limited	2101 Beneficial owner
Ng Chi Chiu	2201 Interest of corporation controlled by you
Zhao Haiyan Chloe	2202 Interest of your spouse

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