Leader Capital Holdings (Leader Capital Holdings) Accounts Receivable : $0.00 Mil (As of Aug. 2023)

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What is Leader Capital Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Leader Capital Holdings's accounts receivables for the quarter that ended in Aug. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Leader Capital Holdings's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Leader Capital Holdings's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was $-0.01.

Leader Capital Holdings Accounts Receivable Historical Data

The historical data trend for Leader Capital 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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Leader Capital Holdings Accounts Receivable Chart

Leader Capital Holdings Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Receivable

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Leader Capital Holdings Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Accounts Receivable	Get a 7-Day Free Trial															-	0.01	-	-	-

Leader Capital Holdings Accounts Receivable Calculation

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

Leader Capital 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.

Leader Capital Holdings's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.007	*	91
=	0.00

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

Leader Capital Holdings's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=	(0.006	+	0.75 * 0	+	0.5 * 0	-	2.938
-	0	-	0)	/	206.471
=	-0.01

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.

Leader Capital Holdings Accounts Receivable Related Terms

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Leader Capital Holdings (Leader Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Leader Capital Holdings Corp (OTCPK:LCHD) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongqing Road, Room 711, 7F, No. 89, Section 1, North District, Taichung City, Taichung, TWN

Website

https://www.leader-capital.com

Leader Capital Holdings Corp through its subsidiaries owns and operates a mobile application platform that connects the investor with other financial service providers. The company's application helps to meet the generic needs of financial service providers mainly for trust and insurance companies. Investors can use this platform to make their investment decisions in real-time and place investment orders without having to e-mail or fax documents to their investment advisor. The Company operates in one business and industry segment: the provision of investment platform services through mobile application.

Executives

Shui Fung Cheng	director, 10 percent owner	ROOM 2708-09, METROPOLIS TOWER,, 10 METROPOLIS DRIVE,, HUNG HOM K3 0000000000
Leader Financial Asset Management Ltd	10 percent owner	ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM,, HONG KONG K3 0000000000
First Leader Capital Ltd	10 percent owner	ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM, HONG KONG K3 0000000000
Cpn Investment Ltd	10 percent owner	ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM,, HONG KONG K3 0000000000
Anzhao International Ltd	10 percent owner	4007 CENTRAL PLAZA,, 18 HARBOUR ROAD, WANCHAI, HONG KONG K3 0000000000
Yi-hsiu Lin	director, 10 percent owner, officer: Chief Executive Officer	ROOM 2708-09, METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HONG KONG K3 0000000000

Leader Capital Holdings (Leader Capital Holdings) Headlines

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