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RMH Holdings (HKSE:08437) Accounts Receivable : HK$4.14 Mil (As of Jun. 2024)


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What is RMH Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RMH Holdings's accounts receivables for the quarter that ended in Jun. 2024 was HK$4.14 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. RMH Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-1.96.


RMH Holdings Accounts Receivable Historical Data

The historical data trend for RMH 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.

RMH Holdings Accounts Receivable Chart

RMH 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 13.74 8.30 29.95 10.79 4.06

RMH 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 31.03 - 10.79 4.14 4.06

RMH Holdings Accounts Receivable Calculation

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


RMH 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.137/0*91
=

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

RMH Holdings'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)
=(3.224+0.75 * 4.137+0.5 * 5.876-155.616
-0--15.6)/66.600
=-1.96

* 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.


RMH Holdings Accounts Receivable Related Terms

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RMH Holdings Business Description

Traded in Other Exchanges
N/A
Address
290 Orchard Road, No. 17-01/02 Paragon (Office Tower), Singapore, SGP, 238859
RMH Holdings Ltd is an investment holding company engaged in the provision of aesthetic dermatology and treatment services, the trading of healthcare and wellness products and nutritional supplements, and the provision of dental implant and oral healthcare-related medical services and sales of related products. The group has two operating segments; Dental services include revenue from orthodontics and implantology services, and Trading sales include supplies of health supplement products and medical products including hand sanitizer, disposable medical masks, and other medical products. It derives a majority of its revenue from its operation in Singapore.
Executives
Brisk Success Holdings Limited 2101 Beneficial owner
Loh Teck Hiong 2201 Interest of corporation controlled by you
Fung Yuen Yee 2202 Interest of your spouse
Li Mingcheng 2201 Interest of corporation controlled by you
Xiang Gang Min Zhong Jian Kang Tou Zi Guan Li Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Victory Spring Ventures Limited 2101 Beneficial owner
Ye Zhichun 2101 Beneficial owner

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