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Quantum Thinking (HKSE:08050) Accounts Receivable : HK$8.68 Mil (As of Sep. 2024)


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What is Quantum Thinking Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quantum Thinking's accounts receivables for the quarter that ended in Sep. 2024 was HK$8.68 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. Quantum Thinking's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$0.00.


Quantum Thinking Accounts Receivable Historical Data

The historical data trend for Quantum Thinking'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.

Quantum Thinking Accounts Receivable Chart

Quantum Thinking 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 7.85 5.49 18.69 14.92 7.29

Quantum Thinking Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 14.92 - 9.94 7.29 8.68

Quantum Thinking Accounts Receivable Calculation

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


Quantum Thinking 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.

Quantum Thinking's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.68/0*91
=

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

Quantum Thinking'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)
=(1.452+0.75 * 8.68+0.5 * 0-21.144
-0--13.891)/1356.250
=0.00

* 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.


Quantum Thinking Accounts Receivable Related Terms

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Quantum Thinking Business Description

Traded in Other Exchanges
N/A
Address
151 Gloucester Road, Unit 1308, 13th Floor, Capital Centre, Wanchai, Hong Kong, HKG
Quantum Thinking Ltd is a Hong Kong-based investment holding company. Through its subsidiaries, it is principally engaged in providing system development services and other value-added technical consultation services, trading of hardware products, and short messaging service fee. The company's reportable segments are; System development and consultancy services (Services), Sales of hardware products; and Short messaging service fee. The maximum revenue for the company is generated from its Short messaging service fee segment. Geographically, it generates all of its revenue from the People's Republic of China.

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