PHCFF (Puhui Wealth Investment Management Co) Accounts Receivable: $0.01 Mil (As of Dec. 2021)

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PHCFF Puhui Wealth Investment Management Co Ltd PHCFF
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What is Puhui Wealth Investment Management Co Accounts Receivable?

Puhui Wealth Investment Management Co PHCFF -99.00% 12 Accounts Receivable is $0.01 Mil as of Dec. 2021. GuruFocus rates PHCFF with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Puhui Wealth Investment Management Co's accounts receivables for the quarter that ended in Dec. 2021 was $0.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Puhui Wealth Investment Management Co's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 0.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Puhui Wealth Investment Management Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $-1.47.

Puhui Wealth Investment Management 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.

Puhui Wealth Investment Management Co's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.005/1.008*91
=0.91

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

Puhui Wealth Investment Management Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=(1.35+0.75 * 0.005+0.5 * 0-4.883
-0--0.292)/2.195
=-1.47

* 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.

Puhui Wealth Investment Management Co Accounts Receivable Related Terms

Puhui Wealth Investment Management Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Puhui Wealth Investment Management 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.

Puhui Wealth Investment Management Co Accounts Receivable Chart

Puhui Wealth Investment Management Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Accounts Receivable
Get a 7-Day Free Trial 0.36 2.73 2.87 1.59 0.22

Puhui Wealth Investment Management Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.39 1.59 1.01 0.22 0.01
PHCFF
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Puhui Wealth Investment Management Co Ltd PHCFF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Puhui Wealth Investment Management Co Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.01 Mil mean?
Puhui Wealth Investment Management Co (PHCFF) has a Accounts Receivable of $0.01 Mil as of Dec. 2021. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Puhui Wealth Investment Management Co and its competitors.
Is Puhui Wealth Investment Management Co's Accounts Receivable too high?
Puhui Wealth Investment Management Co's current Accounts Receivable is $0.01 Mil. Overall, Puhui Wealth Investment Management Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Puhui Wealth Investment Management Co's Accounts Receivable compare to FXBY and TLGN?
Puhui Wealth Investment Management Co's Accounts Receivable of $0.01 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Asset Management company?
A good Accounts Receivable depends on the Asset Management industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Puhui Wealth Investment Management Co and its competitors. Puhui Wealth Investment Management Co's current Accounts Receivable is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puhui Wealth Investment Management Co stock overvalued right now?
Puhui Wealth Investment Management Co (PHCFF) has a current Accounts Receivable of $0.01 Mil. The current Accounts Receivable is $0.01 Mil. Puhui Wealth Investment Management Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Puhui Wealth Investment Management Co (PHCFF), the current Accounts Receivable is $0.01 Mil as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Puhui Wealth Investment Management Co Business Description

Address No.1 Chang An Street, Room 801, 802, 8th Floor, W1 Office Building, Oriental Commerce Tower, Dong Cheng District, Beijing, CHN, 100006
Puhui Wealth Investment Management Co Ltd is a third-party wealth management service provider. The company is focused on the marketing of financial products, and managing funds for individuals and corporate clients. It generates its revenue from the commissions and recurring service fees generated through wealth management product-related services.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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