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BHCC Holding (HKSE:01552) Accounts Receivable : HK$30 Mil (As of Dec. 2024)


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What is BHCC Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BHCC Holding's accounts receivables for the quarter that ended in Dec. 2024 was HK$30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BHCC Holding's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 10.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BHCC Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.25.


BHCC Holding Accounts Receivable Historical Data

The historical data trend for BHCC Holding'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.

BHCC Holding Accounts Receivable Chart

BHCC Holding 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 22.16 17.76 35.67 14.32 30.00

BHCC Holding Semi-Annual Data
Dec14 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 35.67 55.10 14.32 9.94 30.00

BHCC Holding Accounts Receivable Calculation

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


BHCC Holding 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=30.002/525.902*91
=10.41

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

BHCC Holding'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)
=(449.768+0.75 * 30.002+0.5 * 531.934-847.084
-0-89.264)/800.000
=-0.25

* 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.


BHCC Holding Accounts Receivable Related Terms

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BHCC Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Tampines North Drive 3, No. 08-01, BHCC Space, Singapore, SGP, 528499
BHCC Holding Ltd is engaged as the main contractor in the provision of building and construction works in Singapore. It provides construction services for various types of buildings including educational institutions, and residential, commercial, and industrial buildings in both the public and private sectors. It operates in three segments: Building and construction works, Operation of temporary dormitories, and Property investment out of which the Building and construction works segment act as a key revenue driver for the firm.
Executives
Chao Jie 2202 Interest of your spouse
Huada Developments Limited 2101 Beneficial owner
Yang Xinping 2201 Interest of corporation controlled by you
Eagle Soar Global Limited 2101 Beneficial owner
Han Yuying 2201 Interest of corporation controlled by you
Liu Hai 2202 Interest of your spouse
Wai Tian Holdings Limited 2101 Beneficial owner
Zhan Lixiong 2201 Interest of corporation controlled by you
Zheng Dan 2202 Interest of your spouse

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