GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Samson Holding Ltd (HKSE:00531) » Definitions » Accounts Receivable

Samson Holding (HKSE:00531) Accounts Receivable : HK$363 Mil (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Samson Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Samson Holding's accounts receivables for the quarter that ended in Dec. 2023 was HK$363 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Samson Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 42.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Samson Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.04.


Samson Holding Accounts Receivable Historical Data

The historical data trend for Samson Holding'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.

Samson Holding Accounts Receivable Chart

Samson Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 595.00 466.86 449.59 538.91 363.06

Samson Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 449.59 724.65 538.91 461.04 363.06

Samson Holding Accounts Receivable Calculation

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


Samson Holding 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.

Samson Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=363.062/1553.44*91
=42.65

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

Samson Holding'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)
=(1083.75+0.75 * 363.062+0.5 * 899.705-1697.476
-0-0)/3025.81
=0.04

* 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.


Samson Holding Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Samson Holding's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Samson Holding (HKSE:00531) Business Description

Traded in Other Exchanges
Address
No. 2 Taicheng Road, China Timber Industry City Development Area, Zhejiang Province, Jiashan County, CHN, 314100
Samson Holding Ltd is an investment holding company. It is principally engaged in the manufacturing and sale of residential furniture. The company is involved in the activity of designing, manufacturing, selling, and marketing household and commercial furniture. It owns several brands including Universal Furniture, Paula Deen Home, Legacy Classic Furniture, Legacy Classic Kids, Craftmaster Furniture, Universal Furniture China, and Athome. It has a presence in China, Hong Kong, Vietnam, the United States, and Bangladesh. Geographically, the company earns most of its revenue from the United States.
Executives
Advent Group Limited 2101 Beneficial owner
Magnificent Capital Holding Limited 2201 Interest of corporation controlled by you
Kuo Shan Huei 2201 Interest of corporation controlled by you
Liu Yi-mei 2201 Interest of corporation controlled by you

Samson Holding (HKSE:00531) Headlines

No Headlines