Beisen Holding (HKSE:09669) Accounts Receivable : HK$35.5 Mil (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Beisen Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beisen Holding's accounts receivables for the quarter that ended in Sep. 2023 was HK$35.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beisen Holding's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 15.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beisen Holding's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$1.50.

Beisen Holding Accounts Receivable Historical Data

The historical data trend for Beisen Holding'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.

Beisen Holding Accounts Receivable Chart

Beisen Holding Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

13.06

13.63

15.93

27.34

25.73

Beisen Holding Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			-	27.34	29.73	25.73	35.50

Beisen Holding Accounts Receivable Calculation

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

Beisen Holding 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.

Beisen Holding's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	35.5	/	429.654	*	91
=	15.08

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

Beisen Holding'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)
=	(1743.739	+	0.75 * 35.5	+	0.5 * 0	-	733.854
-	0	-	0)	/	691.535
=	1.50

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.

Beisen Holding Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Beisen Holding's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Beisen Holding (HKSE:09669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beisen Holding Ltd (HKSE:09669) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

U8V:Germany

Address

No. 35 Shangdi East Road, Room 710, Building 1. Block B, Yiquanhui Building, Haidian District, Beijing, CHN

Website

https://www.beisen.com

Beisen Holding Ltd is an investment holding company. The company and its subsidiaries are primarily engaged in providing cloud-based human capital management (HCM) solutions in the People's Republic of China which enables customers to recruit, evaluate, manage, develop, and retain talents efficiently. Its platform iTalentX delivers cloud-native SaaS products, namely cloud-based HCM solutions, for enterprises to recruit, evaluate, manage, and retain talents. Its platform offers a full suite of cloud-based applications covering an organization's HCM needs throughout the entire employee lifecycle.

Executives

Zuo Lingye	2201 Interest of corporation controlled by you
Hangzhou Jingwei Tengchuang Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Jingwei Chuangda (hangzhou) Venture Capital Investment L.p.	2101 Beneficial owner
Shanghai Jingwei Equity Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Shanghai Changchuang Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Shanghai Chuangji Investment Center L.p.	2101 Beneficial owner
Shanghai Jingsheng Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Tsing Young Holding Limited	2201 Interest of corporation controlled by you
Hong Jing	2201 Interest of corporation controlled by you
Wang Zhaohui	2201 Interest of corporation controlled by you
Ji Weiguo	2101 Beneficial owner
Chuang Xin Zi Ben Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you
Shenzhen Capital Group Co., Ltd.	2201 Interest of corporation controlled by you
Scgc Capital Holding Company Limited	2201 Interest of corporation controlled by you
Tianjin Hongshan Juye Equity Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you

Beisen Holding (HKSE:09669) Headlines

No Headlines