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Sino Payments (Sino Payments) Accounts Receivable : $1.46 Mil (As of Sep. 2023)


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What is Sino Payments Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sino Payments's accounts receivables for the quarter that ended in Sep. 2023 was $1.46 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sino Payments's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 45.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sino Payments's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $N/A.


Sino Payments Accounts Receivable Historical Data

The historical data trend for Sino Payments'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.

Sino Payments Accounts Receivable Chart

Sino Payments Annual Data
Trend Aug13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.77 0.60 0.86 1.13

Sino Payments Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.84 1.13 1.22 1.64 1.46

Sino Payments Accounts Receivable Calculation

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


Sino Payments 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.

Sino Payments's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.464/2.961*91
=45.12

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

Sino Payments's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.235+0.75 * 1.464+0.5 * 0.273-4.914
-0-0.132)/0
=N/A

* 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.


Sino Payments Accounts Receivable Related Terms

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Sino Payments (Sino Payments) Business Description

Traded in Other Exchanges
Address
Shatin Industrial Centre, 5-7 Yuen Shun Circuit, Unit 02-03, 6th Floor, Block B, Shatin, Hong Kong, HKG
Value Exchange International Inc is a United States based software company. The company through its subsidiaries provides customer-centric hardware and software system solutions for the retail industry in China, Hong Kong, and Philippines. Its primary services and products of the IT Business are Systems maintenance and related service and Systems development and integration. The company serves Public and Retail sector. It get majority of its revenue from software development and maintenance services.
Executives
Matthew R Mecke director 6501 RED HOOK PLZA, STE 201-553, ST THOMAS VI 00802
Johan Pehrson director C/O JOHAN PEHRSON, HALMSTAD V7 30259
Tsang Po Yee Bella director, 10 percent owner 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Chun Wing Yeung director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Seng Wee Tan director, 10 percent owner 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Anthony Robinson director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000
Paul F. Manning director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000