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Karrie International Holdings (HKSE:01050) Accounts Receivable : HK$646 Mil (As of Sep. 2024)


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What is Karrie International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Karrie International Holdings's accounts receivables for the quarter that ended in Sep. 2024 was HK$646 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Karrie International Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 77.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Karrie International Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$-0.30.


Karrie International Holdings Accounts Receivable Historical Data

The historical data trend for Karrie 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.

* Premium members only.

Karrie International Holdings Accounts Receivable Chart

Karrie International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 301.35 658.27 605.90 558.11 619.16

Karrie International Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 706.45 558.11 717.34 619.16 646.32

Karrie International Holdings Accounts Receivable Calculation

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


Karrie 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.

Karrie International Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=646.324/1526.653*91
=77.26

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

Karrie International Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(209.177+0.75 * 646.324+0.5 * 616.362-1601.064
-0-0)/2021.460
=-0.30

* 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.


Karrie International Holdings Accounts Receivable Related Terms

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Karrie International Holdings Business Description

Traded in Other Exchanges
N/A
Address
611-619 Castle Peak Road, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Karrie International Holdings Ltd is an investment holding company. The group is principally engaged in the manufacturing and selling of metal and plastic products. It is organized into two main operating segments; Metal and Plastic Business, and Electronic Manufacturing Services Business. The majority of its revenue is derived from the Metal and Plastic Business segment which provides services like metal stamping, plastic injection, and mould design and production among others. Geographically, it derives maximum revenue from Hong Kong and also has a presence in Japan; Mainland China, Asia (excluding Japan, Hong Kong, and Mainland China); North America, and Western Europe.
Executives
Tmf (b.v.i.) Ltd. 2301 Trustee
The Wedding City Co. Limited

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