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HKBN (STU:2HK) Accounts Receivable : €113 Mil (As of Aug. 2024)


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What is HKBN Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HKBN's accounts receivables for the quarter that ended in Aug. 2024 was €113 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HKBN's Days Sales Outstanding for the quarter that ended in Aug. 2024 was 36.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HKBN's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was €-1.16.


HKBN Accounts Receivable Historical Data

The historical data trend for HKBN'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.

HKBN Accounts Receivable Chart

HKBN Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.95 117.21 121.69 106.55 112.77

HKBN Semi-Annual Data
Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 123.82 106.55 112.64 112.77 129.47

HKBN Accounts Receivable Calculation

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


HKBN 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=112.767/563.292*91
=36.54

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

HKBN's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(141.631+0.75 * 112.767+0.5 * 12.355-1758.41
-0-0)/1311.599
=-1.16

* 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.


HKBN Accounts Receivable Related Terms

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


HKBN Business Description

Traded in Other Exchanges
Address
77 Hoi Bun Road, 19th Floor, Tower 1, The Quayside, Kwun Tong, Kowloon, HKG
HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are: provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong; system integration services; product sales; and marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (Hong Kong) and the majority of its revenue is generated from Hong Kong.

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