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Pegasus International Holdings (HKSE:00676) Accounts Receivable : HK$18.62 Mil (As of Jun. 2024)


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What is Pegasus International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pegasus International Holdings's accounts receivables for the quarter that ended in Jun. 2024 was HK$18.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pegasus International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 134.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pegasus International Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.09.


Pegasus International Holdings Accounts Receivable Historical Data

The historical data trend for Pegasus International 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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Pegasus International Holdings Accounts Receivable Chart

Pegasus International Holdings 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 7.49 4.58 9.32 13.55 5.48

Pegasus International Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 13.42 13.55 8.84 5.48 18.62

Pegasus International Holdings Accounts Receivable Calculation

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


Pegasus International 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.

Pegasus International 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
=18.619/25.242*91
=134.62

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

Pegasus International 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)
=(79.029+0.75 * 18.619+0.5 * 0.578-160.636
-0-0)/730.65
=-0.09

* 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.


Pegasus International Holdings Accounts Receivable Related Terms

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Pegasus International Holdings Business Description

Traded in Other Exchanges
N/A
Address
38 Tai Kok Tsui Road, Unit 1110, 11th Floor, New Kowloon Plaza, Kowloon, Hong Kong, HKG
Pegasus International Holdings Ltd is an investment holding company. The group is engaged in the segment manufacture and sale of footwear products and leasing of investment properties to generate operating lease income. The majority of revenue is derived from the manufacture and sale of footwear products. Geographically the business is spread across the United States, Japan, and other regions. Its footwear categories include Safety shoes, Goodyear Welt, and Direct Attach Injected Dual Density PU/Rubber, PU/TPU, and PU/ PU. Its product line includes men's shoes, Women's shoes, and Child's shoes, Fashion casual shoes, Outdoor casual shoes, Hiking boots, Snowboard boots, Skateboard shoes, Aqua sports shoes, Athletic shoes, Sports sandals, and Golf shoes, among others.

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