KRP Development Holdings (HKSE:02421) Accounts Receivable : HK$0.0 Mil (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is KRP Development Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KRP Development Holdings's accounts receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KRP Development Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KRP Development Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$0.16.

KRP Development Holdings Accounts Receivable Historical Data

The historical data trend for KRP Development 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.

KRP Development Holdings Accounts Receivable Chart

KRP Development Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

KRP Development Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

KRP Development Holdings Accounts Receivable Calculation

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

KRP Development 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.

KRP Development Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	109.656	*	91
=	0.00

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

KRP Development Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(205.495	+	0.75 * 0	+	0.5 * 1088.928	-	669.658
-	0	-	0)	/	505.365
=	0.16

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.

KRP Development Holdings Accounts Receivable Related Terms

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

KRP Development Holdings (HKSE:02421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KRP Development Holdings Ltd (HKSE:02421) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.krpd.com.hk

KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.

Executives

Tmf (b.v.i.) Ltd.	2201 Interest of corporation controlled by you
New Sense Enterprises Limited	2101 Beneficial owner
Castfast Properties Development Co., Limited	2101 Beneficial owner
Honford Investments Limited	2201 Interest of corporation controlled by you
The Wedding City Co. Limited	2101 Beneficial owner
Ho Cheuk Fai	2201 Interest of corporation controlled by you
Ho Po Chu	2201 Interest of corporation controlled by you
Ho Cheuk Ming	2201 Interest of corporation controlled by you

KRP Development Holdings (HKSE:02421) Headlines

No Headlines