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Sinolink Worldwide Holdings (HKSE:01168) Accounts Receivable : HK$150.0 Mil (As of Jun. 2024)


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What is Sinolink Worldwide Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sinolink Worldwide Holdings's accounts receivables for the quarter that ended in Jun. 2024 was HK$150.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sinolink Worldwide Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 152.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sinolink Worldwide Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.48.


Sinolink Worldwide Holdings Accounts Receivable Historical Data

The historical data trend for Sinolink Worldwide 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.

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Sinolink Worldwide Holdings Accounts Receivable Chart

Sinolink Worldwide 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 122.31 53.43 44.98 86.11 150.78

Sinolink Worldwide Holdings Semi-Annual Data
Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only 44.98 48.32 86.11 150.04 150.78

Sinolink Worldwide Holdings Accounts Receivable Calculation

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


Sinolink Worldwide 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.

Sinolink Worldwide Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=150.035/179.83*91
=152.26

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

Sinolink Worldwide Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(1035.815+0.75 * 150.035+0.5 * 870.701-3465.719
-0-1163.608)/6374.003
=-0.48

* 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.


Sinolink Worldwide Holdings Accounts Receivable Related Terms

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Sinolink Worldwide Holdings Business Description

Traded in Other Exchanges
N/A
Address
199 Des Voeux Road Central, 28th Floor, Infinitus Plaza, Hong Kong, HKG
Sinolink Worldwide Holdings Ltd is an investment holding company engaged in property-related business. The operating segments of the company are 1) Property development segment includes property development and sale of properties; 2) Property investment segment includes property leasing; 3) Property management segment includes provision of property management services; 4) Financing services segment includes provision of efficient financial leasing solutions and multiple consultancy services; 5) Others segment includes Income from operating hotel and primary school and provision of project management services.
Executives
Asia Pacific Promotion Limited 2101 Beneficial owner
Ou Yaping 2101 Beneficial owner
Cheung Loi Ping

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