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Kingfish (NZSE:KFL) Accounts Receivable : NZ$0.00 Mil (As of Mar. 2024)


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What is Kingfish Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kingfish's accounts receivables for the quarter that ended in Mar. 2024 was NZ$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kingfish's Days Sales Outstanding for the quarter that ended in Mar. 2024 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. Kingfish's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NZ$0.01.


Kingfish Accounts Receivable Historical Data

The historical data trend for Kingfish'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.

Kingfish Accounts Receivable Chart

Kingfish Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
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Kingfish Semi-Annual Data
Mar05 Mar06 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
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Kingfish Accounts Receivable Calculation

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


Kingfish 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.

Kingfish's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/21.103*91
=0.00

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

Kingfish's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(4.887+0.75 * 0+0.5 * 0-1.24
-0-0)/340.543
=0.01

* 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.


Kingfish Accounts Receivable Related Terms

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Kingfish Business Description

Traded in Other Exchanges
N/A
Address
67 - 73 Hurstmere Road, Level 1, Takapuna, Auckland, NTL, NZL, 0622
Kingfish Ltd is a New Zealand-based listed investment company that invests in growing New Zealand companies. The investment objective of the company is to achieve a high real rate of return, comprising both income and capital growth, within risk parameters acceptable to the directors and to provide a diversified portfolio of New Zealand stocks through a single tax-efficient investment vehicle.

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