Win Hanverky Holdings (HKSE:03322) Accounts Receivable : HK$523 Mil (As of Dec. 2024)

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What is Win Hanverky Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Win Hanverky Holdings's accounts receivables for the quarter that ended in Dec. 2024 was HK$523 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Win Hanverky Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 43.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Win Hanverky Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.27.

Win Hanverky Holdings Accounts Receivable Historical Data

The historical data trend for Win Hanverky 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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Win Hanverky Holdings Accounts Receivable Chart

Win Hanverky Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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443.70

544.38

443.35

440.81

522.51

Win Hanverky Holdings Semi-Annual Data
	Jun15	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															443.35	340.13	440.81	345.98	522.51

Win Hanverky Holdings Accounts Receivable Calculation

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

Win Hanverky 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.

Win Hanverky Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	522.508	/	2216.593	*	91
=	43.02

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

Win Hanverky Holdings'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)
=	(250.321	+	0.75 * 522.508	+	0.5 * 716.368	-	1352.477
-	0	-	-9.336)	/	1284.400
=	-0.27

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.

Win Hanverky Holdings Accounts Receivable Related Terms

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Win Hanverky Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Win Hanverky Holdings Ltd (HKSE:03322) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

481-483 Castle Peak Road, 6th Floor, Phase 6, Hong Kong Spinners Industrial Building, Kowloon, Hong Kong, HKG

Website

https://www.winhanverky.com

Win Hanverky Holdings Ltd is principally engaged in the manufacturing, retailing, and sales of internationally renowned sports, fashion, and outdoor brands. The company operates in the segments of Manufacturing and High-end Fashion Retailing. A majority of revenue is derived from the Manufacturing segment which involves the manufacturing and sales of sportswear and high-end functional outerwear of both under OEM arrangements to customers mainly in Europe, the United States, Mainland China, and other countries. The group has a business presence in Mainland China, Europe, the United States, Hong Kong, Other Asian countries, Canada, and others.

Executives

Jpmorgan Chase & Co.

2106 Person having a security interest in shares

Win Hanverky Holdings Headlines

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