Da Yu Financial Holdings (HKSE:01073) Accounts Receivable : HK$2.04 Mil (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Da Yu Financial Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Da Yu Financial Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$2.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Da Yu Financial Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 16.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Da Yu Financial Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.08.

Da Yu Financial Holdings Accounts Receivable Historical Data

The historical data trend for Da Yu Financial 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.

Da Yu Financial Holdings Accounts Receivable Chart

Da Yu Financial Holdings Annual Data

Trend

Jun11

Jun12

Jun13

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

5.82

4.49

1.34

2.04

Da Yu Financial Holdings Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															4.49	1.43	1.34	0.59	2.04

Da Yu Financial Holdings Accounts Receivable Calculation

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

Da Yu Financial 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.

Da Yu Financial 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
=	2.041	/	22.213	*	91
=	16.77

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

Da Yu Financial 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)
=	(81.145	+	0.75 * 2.041	+	0.5 * 0	-	182.594
-	0	-	0)	/	1273.37
=	-0.08

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.

Da Yu Financial Holdings Accounts Receivable Related Terms

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

Da Yu Financial Holdings (HKSE:01073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Da Yu Financial Holdings Ltd (HKSE:01073) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

138 Gloucester Road, Room 1801, 18th Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG

Website

http://www.chinagrotech.com

Da Yu Financial Holdings Ltd is an investment holding company and is engaged in providing financial advisory services. It operates in four segments. The corporate finance advisory services include services incidental to financial advisory, compliance advisory services, placing agency and underwriting services, investment business, and others. The Asset management services include investment advisory services and sundry income derived from the provision of the services. The Securities and related services include the provision of securities broking, underwriting, and placing of securities and investment in securities. The money lending business includes the provision of loan financing and related services. The group mainly has operations located in Hong Kong.

Executives

Victory Gain Ventures Limited	2101 Beneficial owner
Asm Connaught House General Partner V Limited	2201 Interest of corporation controlled by you
Asm Connaught House (master) Fund V Lp	2101 Beneficial owner
Chan Kin	2201 Interest of corporation controlled by you
Argyle Street Management Limited	2201 Interest of corporation controlled by you
Xu Haohao	2101 Beneficial owner
Lee Su Hwei	2201 Interest of corporation controlled by you
Lee Seng Huang	2201 Interest of corporation controlled by you
Beyond Global Enterprises Limited	2201 Interest of corporation controlled by you
First Steamship Company Limited	2101 Beneficial owner
Argyle Street Management Holdings Limited	2201 Interest of corporation controlled by you
Lee Seng Hui	2201 Interest of corporation controlled by you
Allied Group Limited	2201 Interest of corporation controlled by you
Cheung Kit Shan Susanna	2202 Interest of your spouse
Lee Wa Lun Warren	2101 Beneficial owner

Da Yu Financial Holdings (HKSE:01073) Headlines

No Headlines