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SFHG (Samfine Creation Holdings Group) Accounts Receivable : $3.05 Mil (As of Dec. 2024)


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What is Samfine Creation Holdings Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Samfine Creation Holdings Group's accounts receivables for the quarter that ended in Dec. 2024 was $3.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Samfine Creation Holdings Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 60.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Samfine Creation Holdings Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.14.

Samfine Creation Holdings Group Accounts Receivable Historical Data

The historical data trend for Samfine Creation Holdings Group'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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Samfine Creation Holdings Group Accounts Receivable Chart

Samfine Creation Holdings Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Receivable
7.08 2.52 4.06 3.05

Samfine Creation Holdings Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial 2.52 3.41 4.06 6.04 3.05

Samfine Creation Holdings Group Accounts Receivable Calculation

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

Samfine Creation Holdings Group 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.

Samfine Creation Holdings Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.054/9.206*91
=60.54

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

Samfine Creation Holdings Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(5.942+0.75 * 3.054+0.5 * 1.512-11.796
-0-0)/20.300
=-0.14

* 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.

Samfine Creation Holdings Group Accounts Receivable Related Terms

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Samfine Creation Holdings Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Samfine Creation Holdings Group Ltd (NAS:SFHG) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
436-446 Kwun Tong Road, Flat B, 8/F, Block 4, Kwun Tong Industrial Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Website
Samfine Creation Holdings Group Ltd operates through its subsidiaries. It is an established one-stop printing service provider which principally provides printing services in Hong Kong and the PRC. It offers a wide range of printed products such as (i) book products, which mainly include children's books, educational books, art books, notebooks, diaries and journals; and (ii) novelty and packaging products, which mainly include handcraft products, book sets, pop-up books, stationery products, products with assembly parts and other specialized products, shopping bags and package boxes.