GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BOCOM International Holdings Co Ltd (HKSE:03329) » Definitions » Accounts Receivable

BOCOM International Holdings Co (HKSE:03329) Accounts Receivable : HK$0.00 Mil (As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is BOCOM International Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BOCOM International Holdings Co's accounts receivables for the quarter that ended in Jun. 2024 was HK$0.00 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. BOCOM International Holdings Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-5.12.


BOCOM International Holdings Co Accounts Receivable Historical Data

The historical data trend for BOCOM International Holdings 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.

* Premium members only.

BOCOM International Holdings Co Accounts Receivable Chart

BOCOM International Holdings Co 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 - - - - -

BOCOM International Holdings Co Semi-Annual Data
Dec14 Dec15 Jun16 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 Premium Member Only - - - - -

BOCOM International Holdings Co Accounts Receivable Calculation

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


BOCOM International Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-57.606*91
=

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

BOCOM International Holdings Co'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)
=(1591.548+0.75 * 0+0.5 * 0-15583.763
-0-0)/2734.39
=-5.12

* 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.


BOCOM International Holdings Co Accounts Receivable Related Terms

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


BOCOM International Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
68 Des Voeux Road Central, 9th Floor, Man Yee Building, Hong Kong, HKG
BOCOM International Holdings Co Ltd is an investment holding company, which operates as an integrated platform for securities and related financial services. The group is engaged in five segments: Brokerage, Corporate finance & underwriting, Asset management & advisory, Margin Financing, Investment & Loan, and Others. It generates revenue from Commission & fee income, Interest income, and Proprietary trading income. The company's geographical segments are Hong Kong and Mainland China, of which the vast majority of its revenue comes from Hong Kong.

BOCOM International Holdings Co Headlines

No Headlines