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Sing Pao Media Enterprises (HKSE:08010) Accounts Receivable : HK$0.00 Mil (As of Dec. 2014)


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What is Sing Pao Media Enterprises Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sing Pao Media Enterprises's accounts receivables for the quarter that ended in Dec. 2014 was HK$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sing Pao Media Enterprises's Days Sales Outstanding for the quarter that ended in Dec. 2014 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sing Pao Media Enterprises's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was HK$N/A.


Sing Pao Media Enterprises Accounts Receivable Historical Data

The historical data trend for Sing Pao Media Enterprises'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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Sing Pao Media Enterprises Accounts Receivable Chart

Sing Pao Media Enterprises Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 30.46 20.60

Sing Pao Media Enterprises Quarterly Data
Mar08 Mar09 Sep09 Mar10 Sep10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14
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 30.06 - 20.60 - -

Sing Pao Media Enterprises Accounts Receivable Calculation

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


Sing Pao Media Enterprises 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.

Sing Pao Media Enterprises's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/12.054*91
=0.00

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

Sing Pao Media Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/1971.69
=N/A

* 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.


Sing Pao Media Enterprises Accounts Receivable Related Terms

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Sing Pao Media Enterprises (HKSE:08010) Business Description

Traded in Other Exchanges
N/A
Address
SMI Publishing Group Ltd., along with its subsidiaries, is active in the field of publishing and engaged in the publication of newspapers, magazines and books. The principal activities of the Company are publication of newspapers and books; and provisions of advertising and promotion services.

Sing Pao Media Enterprises (HKSE:08010) Headlines

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