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Wealthink AI-Innovation Capital (HKSE:01140) Accounts Receivable : HK$0.00 Mil (As of Sep. 2023)


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What is Wealthink AI-Innovation Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wealthink AI-Innovation Capital's accounts receivables for the quarter that ended in Sep. 2023 was HK$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wealthink AI-Innovation Capital's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.12.


Wealthink AI-Innovation Capital Accounts Receivable Historical Data

The historical data trend for Wealthink AI-Innovation Capital'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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Wealthink AI-Innovation Capital Accounts Receivable Chart

Wealthink AI-Innovation Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
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Wealthink AI-Innovation Capital Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Wealthink AI-Innovation Capital Accounts Receivable Calculation

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


Wealthink AI-Innovation Capital 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.

Wealthink AI-Innovation Capital's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-72.37*91
=

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

Wealthink AI-Innovation Capital's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(34.382+0.75 * 0+0.5 * 0-1268.329
-0-0)/10520.3
=-0.12

* 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.


Wealthink AI-Innovation Capital Accounts Receivable Related Terms

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Wealthink AI-Innovation Capital (HKSE:01140) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, Room 3910-13, 39th Floor, COSCO Building, New Era Plaza, Hong Kong, HKG
Wealthink AI-Innovation Capital Ltd Formerly Wealthking Investments Ltd is an investment company. Its investment objective is to achieve earnings in the form of medium to long-term capital appreciation through investing in a diversified portfolio of global investments in listed and unlisted enterprises. The majority of the company's revenue comprises dividend income from unlisted investments, interest income, and other income. Geographically, it derives maximum revenue from Hong Kong and also has a presence in Mainland China and the United States of America.

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