Bar Pacific Group Holdings (HKSE:08432) Accounts Receivable : HK$1.9 Mil (As of Sep. 2023)

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What is Bar Pacific Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bar Pacific Group Holdings's accounts receivables for the quarter that ended in Sep. 2023 was HK$1.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bar Pacific Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 3.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bar Pacific Group Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.20.

Bar Pacific Group Holdings Accounts Receivable Historical Data

The historical data trend for Bar Pacific Group 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.

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Bar Pacific Group Holdings Accounts Receivable Chart

Bar Pacific Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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0.40

0.30

9.61

10.93

Bar Pacific Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															-	9.61	-	1.92	10.93

Bar Pacific Group Holdings Accounts Receivable Calculation

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

Bar Pacific Group 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.

Bar Pacific Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.915	/	57.337	*	91
=	3.05

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

Bar Pacific Group Holdings'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)
=	(1.944	+	0.75 * 1.915	+	0.5 * 3.206	-	169.789
-	0	-	6.961)	/	860
=	-0.20

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.

Bar Pacific Group Holdings Accounts Receivable Related Terms

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Bar Pacific Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bar Pacific Group Holdings Ltd (HKSE:08432) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2G Hok Yuen Street, Room D2, 11th Floor, Phase 2, Hang Fung Industrial Building, Hunghom, Kowloon, Hong Kong, HKG

Website

http://www.barpacific.com.hk

Bar Pacific Group Holdings Ltd, along with its subsidiaries, is engaged in the operation of a chain of bars in Hong Kong. The company operates its restaurants under the brand's Bar Pacific and Pacific. The company operates in the business segment Operations of bars and Property investment principally in Hong Kong. The group derives a majority of its revenue from the Operation of the bars segment which involves the sales of beverages and light refreshments in bars in Hong Kong. the company also provides venues for private parties, business events, and shooting as well.

Executives

Chan Tsz Tung	2101 Beneficial owner
Chan Tsz Kiu Teresa	2101 Beneficial owner
Chan Ching Mandy	2101 Beneficial owner
Chan Wai	2101 Beneficial owner
Tse Ying Sin Eva	2101 Beneficial owner

Bar Pacific Group Holdings Headlines

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