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Telecom Service One Holdings (HKSE:03997) Accounts Receivable : HK$7.69 Mil (As of Sep. 2024)


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What is Telecom Service One Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Telecom Service One Holdings's accounts receivables for the quarter that ended in Sep. 2024 was HK$7.69 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Telecom Service One Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 59.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Telecom Service One Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$0.08.


Telecom Service One Holdings Accounts Receivable Historical Data

The historical data trend for Telecom Service One 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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Telecom Service One Holdings Accounts Receivable Chart

Telecom Service One 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 3.58 4.20 6.82 6.78 10.55

Telecom Service One 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 6.13 6.78 14.01 10.55 7.69

Telecom Service One Holdings Accounts Receivable Calculation

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


Telecom Service One 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.

Telecom Service One 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
=7.688/23.6*91
=59.45

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

Telecom Service One 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)
=(12.545+0.75 * 7.688+0.5 * 2.625-9.171
-0-0)/128.342
=0.08

* 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.


Telecom Service One Holdings Accounts Receivable Related Terms

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Telecom Service One Holdings Business Description

Traded in Other Exchanges
N/A
Address
59 Tai Yip Street, Unit C, 3/F, Sunshine Kowloon Bay Cargo Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
Telecom Service One Holdings Ltd is an investment holding company. The company is engaged in the provision of repair and refurbishment services for mobile phones and other personal electronic products as well as the sales of related accessories and provision of supportive services. Geographically, the company derives all of its revenue from Hong Kong and also has a presence in PRC and Macau. Repairing service generates maximum revenue for the company.
Executives
Cheung King Fung Sunny 2101 Beneficial owner
Cheung King Chuen Bobby 2101 Beneficial owner
Cheung King Shek 2101 Beneficial owner
Cheung King Shan 2101 Beneficial owner
Yeung Ho Ki 2202 Interest of your spouse
Tang Fung Yin Anita 2202 Interest of your spouse
Hsbc International Trustee Limited 2301 Trustee

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