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Linmon Media (HKSE:09857) Accounts Receivable : HK$657 Mil (As of Dec. 2023)


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What is Linmon Media Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Linmon Media's accounts receivables for the quarter that ended in Dec. 2023 was HK$657 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Linmon Media's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 137.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Linmon Media's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$5.06.


Linmon Media Accounts Receivable Historical Data

The historical data trend for Linmon Media'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.

Linmon Media Accounts Receivable Chart

Linmon Media Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
514.22 303.19 472.13 421.45 657.23

Linmon Media Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 431.11 421.45 250.36 657.23 -

Linmon Media Accounts Receivable Calculation

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


Linmon Media 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.

Linmon Media's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=657.225/874.564*91
=137.15

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

Linmon Media's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2159.485+0.75 * 657.225+0.5 * 515.205-1086.082
-0-0)/360.459
=5.06

* 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.


Linmon Media Accounts Receivable Related Terms

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Linmon Media Business Description

Traded in Other Exchanges
Address
SOHO Renaissance Plaza, 28th Floor, Building A, Huangpu District, Shanghai, CHN
Linmon Media Ltd is a drama series production company in China with a track record of creating premium content. The company typically creates high viewership drama series based on its abundant reserve of original IPs. The majority of the Company's revenue is earned in Mainland China.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Meoo Limited 2201 Interest of corporation controlled by you
Shang Hai Hong Ni Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Tencent Mobility Limited
Tencent Holdings Limited
Zhou Yuan 2201 Interest of corporation controlled by you
Z&n Investment Limited 2201 Interest of corporation controlled by you
Xu Xiao Ou 2201 Interest of corporation controlled by you
Su Xiao 2201 Interest of corporation controlled by you
Great Luminosity Limited 2101 Beneficial owner
Linmon Run Limited 2101 Beneficial owner
Lemontree Harvest Investment Limited 2101 Beneficial owner
Lemontree Evergreen Holding Limited 2201 Interest of corporation controlled by you
Free Flight Limited 2201 Interest of corporation controlled by you
Faye Free Flight Limited 2101 Beneficial owner

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