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Kwan Yong Holdings (HKSE:09998) Accounts Receivable : HK$74 Mil (As of Dec. 2024)


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What is Kwan Yong Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kwan Yong Holdings's accounts receivables for the quarter that ended in Dec. 2024 was HK$74 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kwan Yong Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 22.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kwan Yong Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.13.


Kwan Yong Holdings Accounts Receivable Historical Data

The historical data trend for Kwan Yong 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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Kwan Yong Holdings Accounts Receivable Chart

Kwan Yong Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial 20.42 42.71 35.14 55.86 44.52

Kwan Yong Holdings Semi-Annual Data
Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 46.89 55.86 48.67 44.52 74.49

Kwan Yong Holdings Accounts Receivable Calculation

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


Kwan Yong 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.

Kwan Yong 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
=74.493/609.599*91
=22.30

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

Kwan Yong 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)
=(383.668+0.75 * 74.493+0.5 * 0-546.003
-0-0)/800.000
=-0.13

* 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.


Kwan Yong Holdings Accounts Receivable Related Terms

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Kwan Yong Holdings Business Description

Traded in Other Exchanges
N/A
Address
11 Joo Koon Crescent, Singapore, SGP, 629022
Kwan Yong Holdings Ltd is engaged in the provision of building construction works in Singapore. The company constructs various types of buildings including institutional buildings such as educational institutions, hospitals and nursing homes; commercial buildings such as office buildings and restaurants; and industrial and residential buildings. The projects of the company include Childcare at Rivervale, Childcare at Punggol Drive, Alexandra Primary School, Ngee Ann Polytechnic, and others. It has three segments; Construction, Property, and Corporate. The majority of its revenue is generated from the Construction segment which provides general building and construction services. Geographically, the company derives revenue from its customers based in Singapore.
Executives
Ideal Smart Ventures Limited 2101 Beneficial owner
Kwan Mei Kam 2201 Interest of corporation controlled by you
Tay Yen Hua 2201 Interest of corporation controlled by you

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