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Bank of East Asia (Bank of East Asia) Accounts Receivable : $0 Mil (As of Dec. 2023)


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What is Bank of East Asia Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bank of East Asia's accounts receivables for the quarter that ended in Dec. 2023 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bank of East Asia's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Bank of East Asia's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-32.03.


Bank of East Asia Accounts Receivable Historical Data

The historical data trend for Bank of East Asia'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.

Bank of East Asia Accounts Receivable Chart

Bank of East Asia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Bank of East Asia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Bank of East Asia Accounts Receivable Calculation

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


Bank of East Asia 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.

Bank of East Asia's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1320.648*91
=0.00

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

Bank of East Asia's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(11471.997+0.75 * 0+0.5 * 0-96293.759
-0-33.676)/2649.3
=-32.03

* 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.


Bank of East Asia Accounts Receivable Related Terms

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Bank of East Asia (Bank of East Asia) Business Description

Traded in Other Exchanges
Address
10 Des Voeux Road Central, Hong Kong, HKG
Bank of East Asia Ltd provides banking services. The company's segments include Personal banking; Wholesale banking; Treasury markets; Wealth management; Centralised operations; Others; Mainland China operations; Overseas operations and Corporate management. It generates maximum revenue from the Personal banking segment. The Personal Banking segment includes branch operations, personal internet banking, consumer finance, property loans, and credit card business to individual customers in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong.

Bank of East Asia (Bank of East Asia) Headlines

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