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Kato (Hong Kong) Holdings (HKSE:02189) Accounts Receivable : HK$17.9 Mil (As of Sep. 2024)


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What is Kato (Hong Kong) Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kato (Hong Kong) Holdings's accounts receivables for the quarter that ended in Sep. 2024 was HK$17.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kato (Hong Kong) Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 22.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kato (Hong Kong) Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$-0.33.


Kato (Hong Kong) Holdings Accounts Receivable Historical Data

The historical data trend for Kato (Hong Kong) 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.

Kato (Hong Kong) Holdings Accounts Receivable Chart

Kato (Hong Kong) Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 3.49 6.27 30.05 44.13 12.68

Kato (Hong Kong) Holdings Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 27.72 44.13 12.01 12.68 17.88

Kato (Hong Kong) Holdings Accounts Receivable Calculation

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


Kato (Hong Kong) 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.

Kato (Hong Kong) Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17.876/147.971*91
=22.05

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

Kato (Hong Kong) Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(51.102+0.75 * 17.876+0.5 * 0-398.032
-0-0.071)/1000.000
=-0.33

* 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.


Kato (Hong Kong) Holdings Accounts Receivable Related Terms

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Kato (Hong Kong) Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Tsing Ling Path, 1st Floor, Tung Wai Court, Tuen Mun, New Territories, Hong Kong, HKG
Kato (Hong Kong) Holdings Ltd is an established operator of residential care homes and daycare services for the elderly in Hong Kong. The company offers a wide range of residential care services for the elderly including; the provision of accommodation, professional nursing and care-taking services, nutritional management, medical services, physiotherapy and occupational therapy services, individual care plans and recreational services; and the sale of healthcare and medical goods and the provision of add-on healthcare services to residents.
Executives
Wei Xiaoling 2202 Interest of your spouse
Sheung Fung Limited 2101 Beneficial owner
Shi Fung (ptc) Limited 2301 Trustee
Ngai Shi Shing Godfrey 2101 Beneficial owner
Ngai Ka Yee 2101 Beneficial owner
Wei Xiaoling 2202 Interest of your spouse
Lam Kong 2101 Beneficial owner
Kwong Kai To 2202 Interest of your spouse

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