GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KFM Kingdom Holdings Ltd (HKSE:03816) » Definitions » Accounts Receivable

KFM Kingdom Holdings (HKSE:03816) Accounts Receivable : HK$161.8 Mil (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is KFM Kingdom Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KFM Kingdom Holdings's accounts receivables for the quarter that ended in Sep. 2024 was HK$161.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KFM Kingdom Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 78.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KFM Kingdom Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$0.14.


KFM Kingdom Holdings Accounts Receivable Historical Data

The historical data trend for KFM Kingdom 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.

KFM Kingdom Holdings Accounts Receivable Chart

KFM Kingdom Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.62 166.55 141.12 110.85 145.02

KFM Kingdom Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 184.18 110.85 139.80 145.02 161.79

KFM Kingdom Holdings Accounts Receivable Calculation

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


KFM Kingdom 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.

KFM Kingdom 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
=161.789/376.703*91
=78.38

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

KFM Kingdom 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)
=(200.995+0.75 * 161.789+0.5 * 107.562-223.656
-0-68.411)/600
=0.14

* 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.


KFM Kingdom Holdings Accounts Receivable Related Terms

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


KFM Kingdom Holdings Business Description

Traded in Other Exchanges
N/A
Address
3 Hoi Shing Road, Workshop C, 31st Floor, TML Tower, Tsuen Wan, New Territories, Hong Kong, HKG
KFM Kingdom Holdings Ltd is an investment holding company. The company is engaged in the manufacturing and sales of precision metal stamping and metal lathing products. The company operates in single-segment of manufacturing and sale of precision metal products involving metal stamping, computer numerical control, sheet metal processing, and product assembling. Geographically, the company operates in South East Asia, The PRC, Europe, North America, and others with South East Asia being the majority revenue deriving region.
Executives
Kig Real Estate Holdings Limited 2101 Beneficial owner
Kwok Wing Yi 2202 Interest of your spouse
Sun Kwok Wah Peter 2201 Interest of corporation controlled by you

KFM Kingdom Holdings Headlines

No Headlines