Lianlian DigiTech Co (HKSE:02598) Accounts Receivable : HK$99.3 Mil (As of Dec. 2024)

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What is Lianlian DigiTech Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lianlian DigiTech Co's accounts receivables for the quarter that ended in Dec. 2024 was HK$99.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lianlian DigiTech Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$0.17.

Lianlian DigiTech Co Accounts Receivable Historical Data

The historical data trend for Lianlian DigiTech 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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Lianlian DigiTech Co Accounts Receivable Chart

Lianlian DigiTech Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

19.04

40.38

45.36

73.89

99.33

Lianlian DigiTech Co Quarterly Data
	Dec20	Dec21	Dec22	Sep23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial			45.36	85.01	73.89	103.65	99.33

Lianlian DigiTech Co Accounts Receivable Calculation

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

Lianlian DigiTech 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.

Lianlian DigiTech Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	99.334	/	0	*	91
=

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

Lianlian DigiTech Co'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)
=	(14320.463	+	0.75 * 99.334	+	0.5 * 0.657	-	14203.572
-	0	-	7.656)	/	1079.060
=	0.17

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.

Lianlian DigiTech Co Accounts Receivable Related Terms

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Lianlian DigiTech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lianlian DigiTech Co Ltd (HKSE:02598) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Yueda Lane, B3, 12/F, Building 1, Binjiang District, Zhejiang Province, Hangzhou, CHN

Website

https://en.lianlian.com

Lianlian DigiTech Co Ltd provides digital payment services and value-added services. Its business clients consist of small and midsized merchants and enterprises. Its reportable segments include (i) Global payment, (ii) domestic payment, (iii) value-added services, and (iv) others, which represent a small amount of revenue from other sources including rental income, interest income, and factoring income. Key revenue is generated from the Global payment segment.

Executives

China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited	2301 Trustee
Nexacorp Limited	2101 Beneficial owner
Hang Zhou Sai Zhi Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Hang Zhou Sai Sheng Gu Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Chen Bin	2201 Interest of corporation controlled by you
Huang Xin	2201 Interest of corporation controlled by you
Zhe Jiang Sai Zhi Bo Le Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Boyu Jingtai (shanghai) Enterprise Management Co., Ltd.
Jin Hua Shi Pu Hua Ji Shi Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Boyu Jingtai (shanghai) Equity Investment L.p.
Huang Ailian
Tao Rong
Jiaxing Hongshan Kunsheng Investment Management Partnership (limited Partnership)
Ningbo Hongshan Peisheng Equity Investment Partnership (limited Partnership)

Lianlian DigiTech Co Headlines

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