GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FSM Holdings Ltd (HKSE:01721) » Definitions » Accounts Receivable

FSM Holdings (HKSE:01721) Accounts Receivable : HK$14.29 Mil (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is FSM Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FSM Holdings's accounts receivables for the quarter that ended in Dec. 2024 was HK$14.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FSM Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 57.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FSM Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$0.10.


FSM Holdings Accounts Receivable Historical Data

The historical data trend for FSM 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.

FSM Holdings Accounts Receivable Chart

FSM 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 11.66 22.27 23.03 15.00 14.29

FSM Holdings Semi-Annual Data
Dec15 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 23.03 15.20 15.00 11.27 14.29

FSM Holdings Accounts Receivable Calculation

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


FSM 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14.287/45.09*91
=57.83

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

FSM Holdings'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)
=(208.835+0.75 * 14.287+0.5 * 10.914-125.103
-0-0)/1000.000
=0.10

* 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.


FSM Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of FSM Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


FSM Holdings Business Description

Traded in Other Exchanges
N/A
Address
68 Kimberley Road, Unit 813, 8th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
FSM Holdings Ltd is an investment holding company engaged in manufacturing sheet metal fabrication with a focus on precision engineering, precision machining service and provision of posttreatment processes; and online business in developing, distributing and operating online mobile games. The group has two business segments, namely the manufacturing business and the online business. Under the manufacturing business segment, it engages in sheet metal fabrication with a focus on precision engineering and precision machining services with production facilities based in Singapore and Malaysia. The group has established a dedicated development team in the online business segment, concentrating on crafting mobile games for all audience.
Executives
Li Thet 2201 Interest of corporation controlled by you
Luxuriant East Limited 2101 Beneficial owner

FSM Holdings Headlines

No Headlines