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7Road Holdings (HKSE:00797) Accounts Receivable : HK$73.2 Mil (As of Dec. 2024)


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What is 7Road Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 7Road Holdings's accounts receivables for the quarter that ended in Dec. 2024 was HK$73.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 7Road Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 74.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 7Road Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$0.01.


7Road Holdings Accounts Receivable Historical Data

The historical data trend for 7Road 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.

7Road Holdings Accounts Receivable Chart

7Road Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 344.37 287.73 411.32 185.13 73.23

7Road Holdings Semi-Annual Data
Dec15 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 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 411.32 254.87 185.13 84.25 73.23

7Road Holdings Accounts Receivable Calculation

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


7Road 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.

7Road Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=73.233/178.309*91
=74.95

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 7Road Holdings's accounts receivable are only considered to be worth 75% of book value:

7Road Holdings'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)
=(99.969+0.75 * 73.233+0.5 * 0-133.468
-0-1.638)/2574.268
=0.01

* 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.


7Road Holdings Accounts Receivable Related Terms

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7Road Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 2-18-1902, Long Shan Road, Xin Wu District, Jiangsu Province, Wuxi, CHN
7Road Holdings Ltd is a web-based and mobile online game developer and publisher in China. The company is engaged in the R&D, operation and licensing of several popular web games. It has developed games like DDTank, Chuanqi, and Wartune.
Executives
Ben 7road Holdings Limited
Shang Hai Guan Zhao Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Zhe Jiang Jia Hua Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hang Zhou Hao Ming Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Zhe Jiang Shi Ji Hua Tong Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Han Jianhong 2201 Interest of corporation controlled by you
Songshuxing Holdings Limited
Ningbo Hao Chu Investment Management Co.,ltd
World 7road Holdings Limited
Hu Min
Meng Shuqi
Baohu Holdings Limited
Zhou Hao
Shanghai Bao Pu Investment Management Co., Ltd.
Shanghai Bao Hu Investment Management Center

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