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China United Venture Investment (HKSE:08159) Accounts Receivable : HK$0.0 Mil (As of Sep. 2023)


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What is China United Venture Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China United Venture Investment'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. China United Venture Investment'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. China United Venture Investment's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$N/A.


China United Venture Investment Accounts Receivable Historical Data

The historical data trend for China United Venture Investment'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.

China United Venture Investment Accounts Receivable Chart

China United Venture Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.23 51.76 197.21 104.20 77.71

China United Venture Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 104.20 - 83.70 - 77.71

China United Venture Investment Accounts Receivable Calculation

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


China United Venture Investment 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.

China United Venture Investment's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/39.977*91
=0.00

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

China United Venture Investment'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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/704
=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.


China United Venture Investment Accounts Receivable Related Terms

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China United Venture Investment Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Harcourt Road, Room 1801-1802, 18th Floor, Bank of America Tower, Central, Hong Kong, HKG
China United Venture Investment Ltd is engaged in the business of design, manufacture, and sales of connectivity products. The products are mainly used in computers, computer peripheral products, multi-media consumable electronic products, communication products, automobile electronics accessories, wire harnesses and medical equipment. Some of the products offered are USB hub, Card reader, Dongle, Cables and others. The company's segment includes the Original equipment manufacturer (OEM) customers segment, the Provision of comprehensive architectural services, and the Retail distributor's segment. Most of the firm's revenue gets derived through the OEM customers segment.
Executives
Wang Li Feng 2101 Beneficial owner
Pt Design Group Holdings Limited
Wise Thinker Holdings Limited
Pt Design Group Limited 2101 Beneficial owner
Wise Thinker Holding Limited 2101 Beneficial owner

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