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Digital Hollywood Interactive (HKSE:02022) Accounts Receivable : HK$6.95 Mil (As of Dec. 2024)


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What is Digital Hollywood Interactive Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Digital Hollywood Interactive's accounts receivables for the quarter that ended in Dec. 2024 was HK$6.95 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Digital Hollywood Interactive's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 35.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Digital Hollywood Interactive's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$0.05.


Digital Hollywood Interactive Accounts Receivable Historical Data

The historical data trend for Digital Hollywood Interactive'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.

Digital Hollywood Interactive Accounts Receivable Chart

Digital Hollywood Interactive 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 9.95 8.05 7.26 9.12 6.95

Digital Hollywood Interactive 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 7.26 11.59 9.12 9.52 6.95

Digital Hollywood Interactive Accounts Receivable Calculation

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


Digital Hollywood Interactive 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.

Digital Hollywood Interactive's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.949/35.237*91
=35.99

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

Digital Hollywood Interactive'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)
=(148.301+0.75 * 6.949+0.5 * 0-60.36
-0-0)/2000.000
=0.05

* 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.


Digital Hollywood Interactive Accounts Receivable Related Terms

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Digital Hollywood Interactive Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, No. 368 Jiang Nan Da Dao (South, Haizhu District, Guangzhou, CHN
Digital Hollywood Interactive Ltd is an online game publisher for China-based game developers, with fast-growing in-house development capabilities for mobile games. The group licenses online games from game developers and earns game publishing service revenue by making a localised version of the licensed games and publishing them to the game players through distribution platforms, include social networking websites, online application stores (such as Apple Inc.'s App Store and Google Play installed in mobile telecommunications devices), web-based and mobile game portals in certain countries and regions, including the group's websites.
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