Alltronics Holdings (HKSE:00833) Accounts Receivable : HK$164 Mil (As of Dec. 2023)

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

What is Alltronics Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alltronics Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$164 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alltronics Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 48.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alltronics Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.30.

Alltronics Holdings Accounts Receivable Historical Data

The historical data trend for Alltronics 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.

Alltronics Holdings Accounts Receivable Chart

Alltronics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

230.62

346.14

342.86

217.64

163.97

Alltronics Holdings 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															342.86	319.00	217.64	220.36	163.97

Alltronics Holdings Accounts Receivable Calculation

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

Alltronics 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	163.971	/	618.168	*	91
=	48.41

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

Alltronics Holdings'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)
=	(426.043	+	0.75 * 163.971	+	0.5 * 258.661	-	491.181
-	0	-	46.576)	/	473.058
=	0.30

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.

Alltronics Holdings Accounts Receivable Related Terms

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

Alltronics Holdings (HKSE:00833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alltronics Holdings Ltd (HKSE:00833) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Whitfield Road, Unit 408, 4th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG

Website

https://www.alltronics.com.hk

Alltronics Holdings Ltd is an investment holding company. The group has three reportable operating segments as follows: Electronic Products, Biodiesel Products and Energy Saving Business. The Electronic Products segment is engaged in the manufacturing and trading of electronic products, plastic moulds, plastic and other components for electronic products. The Biodiesel Products segment is engaged in the trading of biodiesel products in Hong Kong, and the Energy Saving Business segment is involved in the provision of energy-saving business solutions to customers. The majority of its revenue is derived from Electronic Products. Its primary geographic markets include the United States, Hong Kong, Europe, PRC and other overseas countries.

Executives

China Asset Management (hong Kong) Limited	2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Lam Yin Kee	2101 Beneficial owner
Yeung Po Wah	2202 Interest of your spouse
Liu Jing	2101 Beneficial owner
Profit International Holdings Limited	2101 Beneficial owner
Lijiang Investment Holdings Limited	2101 Beneficial owner

Alltronics Holdings (HKSE:00833) Headlines

No Headlines