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Dowway Holdings (HKSE:08403) Accounts Receivable : HK$53.24 Mil (As of Dec. 2024)


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What is Dowway Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dowway Holdings's accounts receivables for the quarter that ended in Dec. 2024 was HK$53.24 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. Dowway Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.70.


Dowway Holdings Accounts Receivable Historical Data

The historical data trend for Dowway Holdings'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.

Dowway Holdings Accounts Receivable Chart

Dowway Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.35 58.43 54.89 40.97 53.24

Dowway Holdings 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 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 10.42 24.39 40.97 21.14 53.24

Dowway Holdings Accounts Receivable Calculation

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


Dowway Holdings 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.

Dowway Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=53.243/0*91
=

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

Dowway Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(6.631+0.75 * 53.243+0.5 * 0-136.05
-0--0.616)/127.000
=-0.70

* 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.


Dowway Holdings Accounts Receivable Related Terms

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Dowway Holdings Business Description

Traded in Other Exchanges
Address
No.12 Dongdaqiao Road, Room No. 501-509, 5th Floor, Run Cheng Centre, Chaoyang District, Beijing, CHN, 100020
Dowway Holdings Ltd is an integrated exhibition and event management services provider. The company engages in the design, planning, coordination, and management of exhibitions and events in the PRC. These services include design, planning, coordination and management of exhibitions and events covering theme, stage, and venue design and overall planning, feasibility studies, and procurement of construction materials and equipment. Its events and exhibitions include showcases, promotions, and sales of branded automobiles by internationally renowned automobile companies. It has two operating segments that include the Exhibition and event-related business, and the Advertising related business. The majority of the revenue is generated from Exhibition and event-related business segments.
Executives
Li Huaguo 2101 Beneficial owner
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Huang Xiaodi 2101 Beneficial owner
Lin Yuting 2202 Interest of your spouse
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Dong Kejia 2101 Beneficial owner

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