Hony Media Group (HKSE:00419) Accounts Receivable : HK$38 Mil (As of Dec. 2024)

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What is Hony Media Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hony Media Group's accounts receivables for the quarter that ended in Dec. 2024 was HK$38 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hony Media Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 13.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hony Media Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.02.

Hony Media Group Accounts Receivable Historical Data

The historical data trend for Hony Media Group'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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Hony Media Group Accounts Receivable Chart

Hony Media Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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63.33

95.79

96.44

38.24

Hony Media Group 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															95.79	93.58	96.44	56.56	38.24

Hony Media Group Accounts Receivable Calculation

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

Hony Media Group 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.

Hony Media Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	38.238	/	529.064	*	91
=	13.19

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

Hony Media Group'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)
=	(47.069	+	0.75 * 38.238	+	0.5 * 2.321	-	363.433
-	0	-	-79.62)	/	13585.339
=	-0.02

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.

Hony Media Group Accounts Receivable Related Terms

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Hony Media Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hony Media Group (HKSE:00419) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

89 Queensway, Suite 908, 9th Floor, Tower Two, Lippo Centre, Hong Kong, HKG

Website

http://www.honymedia.net

Hony Media Group is engaged in development in international culture, media and entertainment businesses. The Group conducts businesses in two segments namely (1) Entertainment and Media Business, including the HB Entertainment which is principally engaged in the production of and investment in films and television dramas, as well as management of artistes, in South Korea; and (2) Healthcare Businesses, including i) Echartnow, provision of digitized operation services in the healthcare industry, and ii) Meerkat Health, the smart healthcare services platform.

Executives

Zhao John Huan	2201 Interest of corporation controlled by you
Exponential Fortune Group Limited	2201 Interest of corporation controlled by you
Hony Capital Group, L.p.	2201 Interest of corporation controlled by you
Hony Group Management Limited	2201 Interest of corporation controlled by you
Hony Managing Partners Limited	2201 Interest of corporation controlled by you
United Strength Ls Limited	2101 Beneficial owner
United Strength Youthful Limited	2201 Interest of corporation controlled by you
Zhao John Huan	2201 Interest of corporation controlled by you
Huayi Brothers International Limited	2101 Beneficial owner
Huayi Brothers Media Corporation	2201 Interest of corporation controlled by you
Greater Harmony Limited	2101 Beneficial owner
Ko Chun Shun, Johnson	2201 Interest of corporation controlled by you
Yuen Hoi Po	2101 Beneficial owner
Smart Concept Enterprise Limited	2101 Beneficial owner

Hony Media Group Headlines

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