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Kidsland International Holdings (HKSE:02122) Accounts Receivable : HK$55 Mil (As of Jun. 2024)


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What is Kidsland International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kidsland International Holdings's accounts receivables for the quarter that ended in Jun. 2024 was HK$55 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kidsland International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 18.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kidsland International Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.42.


Kidsland International Holdings Accounts Receivable Historical Data

The historical data trend for Kidsland International 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.

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Kidsland International Holdings Accounts Receivable Chart

Kidsland International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.32 111.71 115.09 63.19 61.56

Kidsland International Holdings Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 84.11 63.19 73.16 61.56 55.28

Kidsland International Holdings Accounts Receivable Calculation

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


Kidsland International 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.

Kidsland International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=55.284/531.438*91
=18.98

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

Kidsland International Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(20.746+0.75 * 55.284+0.5 * 289.565-533.446
-0-6.646)/800
=-0.42

* 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.


Kidsland International Holdings Accounts Receivable Related Terms

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Kidsland International Holdings Business Description

Traded in Other Exchanges
N/A
Address
20 Jiuxianqiao Road, Level 9 One Indigo, Chaoyang District, Beijing, CHN
Kidsland International Holdings Ltd is an investment holding company engaged in toy and related lifestyle product retailing and wholesaling in Mainland China and Hong Kong. Its operating segments are the PRC and Hong Kong and overseas of which a majority of revenue is derived from the PRC. The group sells toys and related lifestyle products through self-operated retail channels; and wholesale channels.
Executives
Eurojoy Limited 2101 Beneficial owner
Lee Ching Yiu
Tang Hoi Lun
Asian Glory Holdings Ltd.
Eurojoy Limited 2101 Beneficial owner
Fcpr Cathay Capital Ii 2201 Interest of corporation controlled by you

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