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Flydoo Technology Holding (HKSE:08069) Accounts Receivable : HK$0.0 Mil (As of Sep. 2023)


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What is Flydoo Technology Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Flydoo Technology Holding's accounts receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Flydoo Technology Holding's Days Sales Outstanding for the quarter that ended in Sep. 2023 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. Flydoo Technology Holding's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.01.


Flydoo Technology Holding Accounts Receivable Historical Data

The historical data trend for Flydoo Technology Holding'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.

Flydoo Technology Holding Accounts Receivable Chart

Flydoo Technology Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.01 0.05 - - -

Flydoo Technology Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.16 - - - -

Flydoo Technology Holding Accounts Receivable Calculation

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


Flydoo Technology Holding 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.

Flydoo Technology Holding's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/92.625*91
=0.00

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

Flydoo Technology Holding's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(63.358+0.75 * 0+0.5 * 7.113-77.097
-0--6.171)/680.595
=-0.01

* 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.


Flydoo Technology Holding Accounts Receivable Related Terms

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Flydoo Technology Holding (HKSE:08069) Business Description

Traded in Other Exchanges
N/A
Address
28 Canton Road, Unit 706-8, 7th Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Flydoo Technology Holding Ltd is a travel agency in Hong Kong. It designs, develops and sells package tour and adjacent products such as air tickets and hotel accommodations.
Executives
Chan Suk Mei 2201 Interest of corporation controlled by you
Yuen Sze Keung 2201 Interest of corporation controlled by you
Zong Heng You Tou Zi Kong Gu You Xian Gong Si 2101 Beneficial owner

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