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SFund International Holdings (HKSE:01367) Accounts Receivable : HK$0.18 Mil (As of Dec. 2021)


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What is SFund International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SFund International Holdings's accounts receivables for the quarter that ended in Dec. 2021 was HK$0.18 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SFund International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 5.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SFund International Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was HK$-0.83.


SFund International Holdings Accounts Receivable Historical Data

The historical data trend for SFund 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.

SFund International Holdings Accounts Receivable Chart

SFund International Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 42.74 21.30 4.23 0.21 0.18

SFund International Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 4.23 0.29 0.21 - 0.18

SFund International Holdings Accounts Receivable Calculation

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


SFund 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.

SFund International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.178/5.723*91
=5.68

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

SFund International Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=(3.057+0.75 * 0.178+0.5 * 0-399.981
-0-0.081)/480
=-0.83

* 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.


SFund International Holdings Accounts Receivable Related Terms

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SFund International Holdings (HKSE:01367) Business Description

Traded in Other Exchanges
N/A
Address
23 Harbour Road, Suites 904-5, 9th Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG
SFund International Holdings Ltd is an investment holding company. It operates in four segments: Apparel supply chain management services, Financial services, Moneylending, and Securities investment. Its geographical segments are Cambodia, United States, Mainland China, Hong Kong, and Other countries.
Executives
Chan Man Hoi (in The Capacity As The Receiver) 2501 Other
Lai Kar Yan (in The Capacity As A Receiver) 2501 Other
Sfund International Investment Fund Management Limited
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si
Guang Zhou Hui Yin Tian Yue Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si
Guang Zhou Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si
Guang Zhou Ke Ji Jin Rong Chuang Xin Tou Zi Kong Gu You Xian Gong Si
Plus Value International Limited 2101 Beneficial owner
Lai Leong 2201 Interest of corporation controlled by you

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