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Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Accounts Receivable : $3.72 Mil (As of Dec. 2023)


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What is Luks Group (Vietnam Holdings) Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Luks Group (Vietnam Holdings) Co's accounts receivables for the quarter that ended in Dec. 2023 was $3.72 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Luks Group (Vietnam Holdings) Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 25.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Luks Group (Vietnam Holdings) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.05.


Luks Group (Vietnam Holdings) Co Accounts Receivable Historical Data

The historical data trend for Luks Group (Vietnam Holdings) Co'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.

Luks Group (Vietnam Holdings) Co Accounts Receivable Chart

Luks Group (Vietnam Holdings) Co 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 4.18 4.75 4.60 4.80 3.72

Luks Group (Vietnam Holdings) Co 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 4.60 6.46 4.80 4.92 3.72

Luks Group (Vietnam Holdings) Co Accounts Receivable Calculation

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


Luks Group (Vietnam Holdings) Co 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.

Luks Group (Vietnam Holdings) Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.723/26.255*91
=25.88

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

Luks Group (Vietnam Holdings) Co'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)
=(60.257+0.75 * 3.723+0.5 * 8.257-47.098
-0--2.931)/502.557
=0.05

* 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.


Luks Group (Vietnam Holdings) Co Accounts Receivable Related Terms

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Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Business Description

Traded in Other Exchanges
Address
39-41 Sheung Heung Road, 5th Floor, Cheong Wah Factory Building, Tokwawan, Kowloon, Hong Kong, HKG
Luks Group (Vietnam Holdings) Co Ltd is an investment holding company. Its segments include the Cement products segment, the Property Investment segment, the Hotel operation segment, the Property Development segment, and the Corporate and others segment. It derives key revenue from the cement products segment that represents the group's manufacture and sale of cement products for use in the construction industry. The group derives a majority of its revenue from Vietnam followed by Hong Kong and Mainland China.

Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Headlines

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