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Hygieia Group (HKSE:01650) Accounts Receivable : HK$76.9 Mil (As of Dec. 2024)


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What is Hygieia Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hygieia Group's accounts receivables for the quarter that ended in Dec. 2024 was HK$76.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hygieia Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 64.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hygieia Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$0.04.


Hygieia Group Accounts Receivable Historical Data

The historical data trend for Hygieia 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.

Hygieia Group Accounts Receivable Chart

Hygieia Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 77.33 63.47 61.37 82.47 76.89

Hygieia Group Semi-Annual Data
Dec16 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 61.37 73.89 82.47 93.12 76.89

Hygieia Group Accounts Receivable Calculation

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


Hygieia 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.

Hygieia 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
=76.894/217.101*91
=64.64

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

Hygieia 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)
=(102.602+0.75 * 76.894+0.5 * 0-75.19
-0-0.668)/2000.000
=0.04

* 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.


Hygieia Group Accounts Receivable Related Terms

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Hygieia Group Business Description

Traded in Other Exchanges
N/A
Address
6 Tagore Drive, No. B1-02, Tagore Industrial Building, Singapore, SGP, 787623
Hygieia Group Ltd and its subsidiaries are principally engaged in the provision of cleaning services. The company provide general cleaning works for a variety of public and private venues including a sports stadium, medical centres, shopping malls, commercial and industrial buildings, schools, hotels, private condominiums as well as public access areas in town councils in Singapore.
Executives
Chua Seok Joo 2202 Interest of your spouse
Tek Assets Management Limited 2101 Beneficial owner
Toh Eng Kui 2201 Interest of corporation controlled by you

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