GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kidztech Holdings Ltd (HKSE:06918) » Definitions » Accounts Receivable

Kidztech Holdings (HKSE:06918) Accounts Receivable : HK$321.6 Mil (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Kidztech Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kidztech Holdings's accounts receivables for the quarter that ended in Dec. 2024 was HK$321.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kidztech Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 326.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kidztech Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.10.


Kidztech Holdings Accounts Receivable Historical Data

The historical data trend for Kidztech 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.

Kidztech Holdings Accounts Receivable Chart

Kidztech Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 92.25 143.27 365.77 270.56 321.65

Kidztech Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 365.77 426.46 270.56 266.61 321.65

Kidztech Holdings Accounts Receivable Calculation

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


Kidztech 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.

Kidztech 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
=321.649/179.673*91
=326.71

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

Kidztech 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)
=(11.429+0.75 * 321.649+0.5 * 20.596-327.151
-0--0.344)/624.564
=-0.10

* 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.


Kidztech Holdings Accounts Receivable Related Terms

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


Kidztech Holdings Business Description

Traded in Other Exchanges
N/A
Address
Chengyanggang Road, Ancheng Highway, Lianxia Town, Chenghai District, Guangdong Province, Shantou, CHN
Kidztech Holdings Ltd is a smart interactive entertainment product provider. The company designs, develops, manufactures, and sells smart toy vehicles, smart interactive toys, and traditional toys. It sells its products to retail customers mainly comprised of multinational and national retailers operating mass-market retail chain stores, including both comprehensive retailers and toy specialty retailers. The products are sold under the Kidztech brand. The sale of Smart toy vehicles derives key revenue for the firm. The company earns the majority of its revenue from Hong Kong.
Executives
Chen Cheng 2202 Interest of your spouse
Yu Huang 2201 Interest of corporation controlled by you
Top Synergy T&c Limited 2101 Beneficial owner
Renxiang Technology Company Limited 2101 Beneficial owner
Chen Yirui 2201 Interest of corporation controlled by you
Gold-face Finance Limited 2106 Person having a security interest in shares
Upbest Group Limited 2201 Interest of corporation controlled by you
Top Synergy Y&c Limited 2101 Beneficial owner
Wu Xiongbin 2201 Interest of corporation controlled by you
Motivational Mathematics Limited 2101 Beneficial owner
He Jingxing 2201 Interest of corporation controlled by you
Chen Chongjian 2201 Interest of corporation controlled by you
Charming Flair Limited 2101 Beneficial owner
Gold-face Finance Limited 2106 Person having a security interest in shares
Zheng Jingyun

Kidztech Holdings Headlines

No Headlines