GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » New Zealand King Salmon Investments Ltd (OTCPK:NZKSF) » Definitions » Accounts Receivable

New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Accounts Receivable : $8.6 Mil (As of Jan. 2024)


View and export this data going back to 2019. Start your Free Trial

What is New Zealand Kinglmon Investments Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. New Zealand Kinglmon Investments's accounts receivables for the quarter that ended in Jan. 2024 was $8.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. New Zealand Kinglmon Investments's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 26.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. New Zealand Kinglmon Investments's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $0.06.


New Zealand Kinglmon Investments Accounts Receivable Historical Data

The historical data trend for New Zealand Kinglmon Investments'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.

New Zealand Kinglmon Investments Accounts Receivable Chart

New Zealand Kinglmon Investments Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial 7.83 6.40 11.20 8.64 8.62

New Zealand Kinglmon Investments Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jan22 Jul22 Jan23 Jul23 Jan24
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 11.20 7.42 8.64 9.46 8.62

New Zealand Kinglmon Investments Accounts Receivable Calculation

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


New Zealand Kinglmon Investments 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.

New Zealand Kinglmon Investments's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.617/58.942*91
=26.68

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

New Zealand Kinglmon Investments's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(16.6+0.75 * 8.617+0.5 * 73.737-30.012
-0-0)/541.455
=0.06

* 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.


New Zealand Kinglmon Investments Accounts Receivable Related Terms

Thank you for viewing the detailed overview of New Zealand Kinglmon Investments's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Business Description

Traded in Other Exchanges
Address
17 Bullen Street, Tahunanui, Nelson, STL, NZL, 7011
New Zealand King Salmon Investments Ltd is engaged in the farming, processing, and sale of salmon products. Its brands include Regal, Southern Ocean, Omega Plus, Ora King, and King Salmon. Its product range includes Whole fish; Fillets, Steaks & Portions; Wood Roasted; Cold Smoked; and Others. The company's geographical area of revenue are North America, Australia, Japan, China, Europe, Others and majority being from New Zealand.

New Zealand Kinglmon Investments (New Zealand Kinglmon Investments) Headlines

From GuruFocus