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Kingboard Laminates Holdings (Kingboard Laminates Holdings) Accounts Receivable : $397 Mil (As of Dec. 2023)


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What is Kingboard Laminates Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kingboard Laminates Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $397 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kingboard Laminates Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 65.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kingboard Laminates Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.49.


Kingboard Laminates Holdings Accounts Receivable Historical Data

The historical data trend for Kingboard Laminates 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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Kingboard Laminates Holdings Accounts Receivable Chart

Kingboard Laminates Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 463.71 504.61 715.74 403.36 397.09

Kingboard Laminates Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 715.74 512.98 403.36 350.23 397.09

Kingboard Laminates Holdings Accounts Receivable Calculation

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


Kingboard Laminates 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.

Kingboard Laminates Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=397.085/1106.345*91
=65.50

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

Kingboard Laminates Holdings'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)
=(311.847+0.75 * 397.085+0.5 * 364.319-1099.599
-0-3.073)/124.8
=-2.49

* 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.


Kingboard Laminates Holdings Accounts Receivable Related Terms

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Kingboard Laminates Holdings (Kingboard Laminates Holdings) Business Description

Traded in Other Exchanges
Address
3 On Yiu Street, 23rd Floor, Delta House, Shek Mun, Shatin, N.T., Hong Kong, HKG
Kingboard Laminates Holdings Ltd is an electronic materials manufacturer engaged in the production of laminates. The group is organized into three reportable segments that are the manufacturing and sale of laminates, properties, and investments. The laminate segment contributes to the majority of the revenue. The company's products include Glass Epoxy Laminates, Paper Laminates, Upstream Materials, and others. The company operates in China, Asian countries, Europe, and America, out of which China accounts for the majority of the revenue.

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