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Shanghai Industrial Holdings (Shanghai Industrial Holdings) Accounts Receivable : $674 Mil (As of Dec. 2023)


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What is Shanghai Industrial Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shanghai Industrial Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $674 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shanghai Industrial Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 48.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shanghai Industrial Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-9.89.


Shanghai Industrial Holdings Accounts Receivable Historical Data

The historical data trend for Shanghai Industrial Holdings'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.

Shanghai Industrial Holdings Accounts Receivable Chart

Shanghai Industrial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 389.22 454.44 478.00 623.60 674.01

Shanghai Industrial Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 478.00 1,279.52 623.60 1,509.07 674.01

Shanghai Industrial Holdings Accounts Receivable Calculation

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


Shanghai Industrial Holdings 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.

Shanghai Industrial Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=674.007/2548.948*91
=48.26

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

Shanghai Industrial Holdings'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)
=(3566.074+0.75 * 674.007+0.5 * 4341.736-13041.5
-0-3951.07)/1087.21
=-9.89

* 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.


Shanghai Industrial Holdings Accounts Receivable Related Terms

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Shanghai Industrial Holdings (Shanghai Industrial Holdings) Business Description

Traded in Other Exchanges
Address
39 Gloucester Road, Wanchai, 26th Floor, Harcourt House, Hong Kong, HKG
Shanghai Industrial Holdings Ltd is engaged in the real estate sector. It operates in three segments: Infrastructure facilities, which include investment in toll road projects and water-related businesses; Real estate, which is into property development & investment and hotel operation; and Consumer Products, which manufactures and sells cigarettes, packaging materials, and printed products. Its geographical segments are China, Asia, Hong Kong, and others, of which most of its revenue comes from China.

Shanghai Industrial Holdings (Shanghai Industrial Holdings) Headlines

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