Linekong Interactive Group Co (HKSE:08267) Accounts Receivable : HK$3.71 Mil (As of Jun. 2024)

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What is Linekong Interactive Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Linekong Interactive Group Co's accounts receivables for the quarter that ended in Jun. 2024 was HK$3.71 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. Linekong Interactive Group Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.03.

Linekong Interactive Group Co Accounts Receivable Historical Data

The historical data trend for Linekong Interactive Group Co'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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Linekong Interactive Group Co Accounts Receivable Chart

Linekong Interactive Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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46.73

11.36

5.79

42.33

4.01

Linekong Interactive Group Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial															40.15	-	42.33	3.71	4.01

Linekong Interactive Group Co Accounts Receivable Calculation

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

Linekong Interactive Group Co 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.

Linekong Interactive Group Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.707	/	0	*	91
=

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

Linekong Interactive Group Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(109.633	+	0.75 * 3.707	+	0.5 * 0	-	121.798
-	0	-	1.191)	/	367.975
=	-0.03

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.

Linekong Interactive Group Co Accounts Receivable Related Terms

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Linekong Interactive Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Linekong Interactive Group Co Ltd (HKSE:08267) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Guangshun North Street, No. 32 Rongchuang Cultural Innovative Industry Base, 1 Floor, Block B, Chaoyang District, Beijing, CHN, B128

Website

https://www.linekong.com

Linekong Interactive Group Co Ltd is engaged in developing and publishing online and mobile games. Its products include action games, role-playing games and turn-based games such as the blade god, the sword of heaven, spirit of king, Sword of the Sky, light of dawn, noisy heaven, warrior king, the journey to the west, beast and yitian sword and tulong sabre. It operates through two segments namely, Game Business and Film Business. Geographically, the business presences of the group are seen across China, Hong Kong and other countries and regions.

Executives

Wang Feng	2101 Beneficial owner
Zhang Hongliang	2501 Other
Ho Chi Sing	2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Associates L.p.	2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Gp Associates Ltd.	2201 Interest of corporation controlled by you
Zhou Quan	2201 Interest of corporation controlled by you
Idg-accel China Growth Fund L.p.	2101 Beneficial owner
Jin Jia Wei	2101 Beneficial owner
Liao Mingxiang	2101 Beneficial owner
Fubon Financial Holding Co., Ltd.	2101 Beneficial owner
Fubon Life Insurance Co., Ltd.	2101 Beneficial owner
Premier Selection Limited	2306 Nominee for another person
Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee

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