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Trigiant Group (HKSE:01300) Accounts Receivable : HK$4,381 Mil (As of Dec. 2024)


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What is Trigiant Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trigiant Group's accounts receivables for the quarter that ended in Dec. 2024 was HK$4,381 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Trigiant Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 554.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Trigiant Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$1.15.


Trigiant Group Accounts Receivable Historical Data

The historical data trend for Trigiant Group'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.

Trigiant Group Accounts Receivable Chart

Trigiant Group 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 4,721.76 5,286.90 4,570.65 4,482.10 4,380.87

Trigiant Group 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 4,570.65 4,561.64 4,482.10 4,418.64 4,380.87

Trigiant Group Accounts Receivable Calculation

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


Trigiant Group 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.

Trigiant Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4380.87/1441.478*91
=554.65

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

Trigiant Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(495.846+0.75 * 4380.87+0.5 * 178.202-1816.104
-0-0)/1788.070
=1.15

* 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.


Trigiant Group Accounts Receivable Related Terms

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Trigiant Group Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Junzhi Road, Industrial Park for Environmental Protection Science & Technology, Jiangsu Province, Yixing City, CHN, 214206
Trigiant Group Ltd is an investment holding company. It operates in five segments: Feeder cable series, Optical fiber cable series & related products, Flame-retardant flexible cable series, New-type electronic components, and Others (which include couplers and combiners). All of its revenue comes from Feeder cable series segment. Geographically the company operates in Mainland China and Hong Kong, with key revenue from China Location.
Executives
Artemis Delight Limited 2201 Interest of corporation controlled by you
Dai Xiaolin 2201 Interest of corporation controlled by you
Easy Beauty Limited 2101 Beneficial owner
Abraholme International Limited
Qian Lirong
Trigiant Investments Limited
Zhong Guo Jin Chu Kou Yin Hang Shen Zhen Fen Hang 2106 Person having a security interest in shares
Shen Zhen Shi Tou Zi Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Qian Jindi 2202 Interest of your spouse

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