Leader Hill (Leader Hill) Accounts Receivable : $0.00 Mil (As of Aug. 2022)

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What is Leader Hill Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Leader Hill's accounts receivables for the quarter that ended in Aug. 2022 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Leader Hill's Days Sales Outstanding for the quarter that ended in Aug. 2022 was 91.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Leader Hill's Net-Net Working Capital per share for the quarter that ended in Aug. 2022 was $-0.01.

Leader Hill Accounts Receivable Historical Data

The historical data trend for Leader Hill'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 Hill Accounts Receivable Chart

Leader Hill Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Accounts Receivable

0.01

Leader Hill Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Leader Hill Accounts Receivable Calculation

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

Leader Hill 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 Hill's Days Sales Outstanding for the quarter that ended in Aug. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.001	/	0.001	*	91
=	91.25

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

Leader Hill's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2022 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	+	0.75 * 0.001	+	0.5 * 0	-	0.058
-	0	-	0)	/	4.825
=	-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 Hill Accounts Receivable Related Terms

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Leader Hill (Leader Hill) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Leader Hill Corp (OTCPK:LHIL) » Definitions » Accounts Receivable

Comparable Companies

AGNY TSE:9252 TSE:7922 XPAR:MLV4S JSE:ATI TSE:7369 ASX:MIL SGX:40W TSE:9087 HKSE:00309

Traded in Other Exchanges

N/A

Address

Room 0701, Unit 2, Building 11, Shui’an Xindu, Coastal Industrial Base, Liaoning Province, Yingkou, CHN, 115000

Website

http://www.leaderhill.com

Leader Hill Corp operates in the industry of business consulting that intends to assist start-up to mid-size companies in the East Asia region, with a focus on mainland China and Hong Kong. Its core services are divided into four categories: company formation, corporate secretarial and administration, accounting and bookkeeping, and general business consulting services.

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