Bojun Education Co (HKSE:01758) Accounts Receivable : HK$0.3 Mil (As of Feb. 2024)

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

What is Bojun Education Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bojun Education Co's accounts receivables for the quarter that ended in Feb. 2024 was HK$0.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bojun Education Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 0.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bojun Education Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was HK$-4.29.

Bojun Education Co Accounts Receivable Historical Data

The historical data trend for Bojun Education Co'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.

Bojun Education Co Accounts Receivable Chart

Bojun Education Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Receivable

Get a 7-Day Free Trial

Bojun Education Co Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Receivable	Get a 7-Day Free Trial												-	-	-	-	0.32

Bojun Education Co Accounts Receivable Calculation

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

Bojun Education Co 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.

Bojun Education Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.32	/	247.349	*	91
=	0.24

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

Bojun Education Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=	(186.626	+	0.75 * 0.32	+	0.5 * 0	-	3717.424
-	0	-	343.016)	/	903.138
=	-4.29

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.

Bojun Education Co Accounts Receivable Related Terms

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

Bojun Education Co (HKSE:01758) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bojun Education Co Ltd (HKSE:01758) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 209 Sanse Road, Sichuan Province, Jinjiang District, Chengdu, Sichuan, CHN

Website

http://www.bojuneducation.com

Bojun Education Co Ltd is engaged in providing private education services. The company operates middle schools, high schools, and kindergartens. Its operating segment includes the provision of high school and for-profit education services; and the provision of education consultancy and management services. The company generates maximum revenue from the education consultancy and management services segment. Geographically, it derives the majority of its revenue from the People's Republic of China.

Executives

Duan Ling	2202 Interest of your spouse
Zhuotai Education Investment Limited	2101 Beneficial owner
Li Yafei	2201 Interest of corporation controlled by you
Cao Youqin	2202 Interest of your spouse
Wang Jinglei	2201 Interest of corporation controlled by you
Act Glory Global Limited	2101 Beneficial owner
Broad Skill Holdings Limited	2101 Beneficial owner
He Jing	2201 Interest of corporation controlled by you
Xu Zhengmiao	2202 Interest of your spouse
Wu Xi Shou Kong Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Hua Sheng Jin Rong Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Sheng Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shou Kong Shen Zhen Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Shou Kong Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Feng Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you

Bojun Education Co (HKSE:01758) Headlines

No Headlines