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eSun Holdings (HKSE:00571) Accounts Receivable : HK$121 Mil (As of Jan. 2025)


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What is eSun Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. eSun Holdings's accounts receivables for the quarter that ended in Jan. 2025 was HK$121 Mil.

Accounts receivable can be measured by Days Sales Outstanding. eSun Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2025 was 62.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. eSun Holdings's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was HK$-0.55.


eSun Holdings Accounts Receivable Historical Data

The historical data trend for eSun 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.

* Premium members only.

eSun Holdings Accounts Receivable Chart

eSun Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.68 106.92 135.93 135.71 191.20

eSun Holdings Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 130.72 135.71 98.67 191.20 120.92

eSun Holdings Accounts Receivable Calculation

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


eSun 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.

eSun Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=120.917/355.359*91
=62.10

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

eSun Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 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)
=(380.501+0.75 * 120.917+0.5 * 324.509-1667.479
-0--68.871)/1755.877
=-0.55

* 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.


eSun Holdings Accounts Receivable Related Terms

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eSun Holdings Business Description

Traded in Other Exchanges
N/A
Address
680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, HKG
eSun Holdings Ltd is an investment holding company. The company's operating segments include Media and entertainment, Film and TV program, Cinema operation, and Corporate and others. It generates maximum revenue from the Cinema operation segment which engages in the operation of cinemas in Hong Kong and the Chinese Mainland. Geographically, the company generates a majority of its revenue from Hong Kong and the rest from Mainland China and Macau, and other regions.
Executives
Lai Sun Development Company Limited
Lai Sun Garment (international) Limited
Lam Kin Ngok Peter
Yu Cheuk Yi 2103 Interests held jointly with another person
Yu Siu Yuk 2103 Interests held jointly with another person

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