S.A.I. Leisure Group Co (HKSE:01832) Accounts Receivable : HK$43.6 Mil (As of Dec. 2023)

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What is S.A.I. Leisure Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. S.A.I. Leisure Group Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$43.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. S.A.I. Leisure Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. S.A.I. Leisure Group Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-2.07.

S.A.I. Leisure Group Co Accounts Receivable Historical Data

The historical data trend for S.A.I. Leisure Group 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.

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S.A.I. Leisure Group Co Accounts Receivable Chart

S.A.I. Leisure Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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27.71

118.22

101.01

72.21

43.57

S.A.I. Leisure Group Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial									101.01	84.74	72.21	75.55	43.57

S.A.I. Leisure Group Co Accounts Receivable Calculation

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

S.A.I. Leisure Group 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.

S.A.I. Leisure Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	43.571	/	175.377	*	91
=	45.34

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

S.A.I. Leisure Group Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(34.66	+	0.75 * 43.571	+	0.5 * 24.452	-	828.753
-	0	-	-2.749)	/	360
=	-2.07

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.

S.A.I. Leisure Group Co Accounts Receivable Related Terms

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S.A.I. Leisure Group Co (HKSE:01832) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » S.A.I. Leisure Group Co Ltd (HKSE:01832) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

57 Hung To Road, 5th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.saileisuregroup.com

S.A.I. Leisure Group Co Ltd operates as a tourism group in the tropical islands of Saipan and Guam. The company's portfolio includes hotels and resorts in Saipan and Guam catering to a wide range of recreational needs. It also provides full-range hospitality services, including food and beverage, meetings, banquets and much more. It also runs souvenir and amenities stores, offers booking services for third-party operated activities and tours, and work with tour operators to provide destination-based concierge and travel management services to their guests. The company three reportable segments are Hotels and resorts; Luxury travel retail; and Destination services.

Executives

Tan Henry	2201 Interest of corporation controlled by you
Leap Forward Limited	2201 Interest of corporation controlled by you
Supreme Success Limited	2201 Interest of corporation controlled by you
Tan Holdings Corporation	2201 Interest of corporation controlled by you
Thc Leisure Holdings Limited	2101 Beneficial owner
Tan Siu Lin	2201 Interest of corporation controlled by you

S.A.I. Leisure Group Co (HKSE:01832) Headlines

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