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Xinyuan Real Estate Co (Xinyuan Real Estate Co) Accounts Receivable : $12.0 Mil (As of Jun. 2023)


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What is Xinyuan Real Estate Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Xinyuan Real Estate Co's accounts receivables for the quarter that ended in Jun. 2023 was $12.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Xinyuan Real Estate Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 5.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Xinyuan Real Estate Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-652.44.


Xinyuan Real Estate Co Accounts Receivable Historical Data

The historical data trend for Xinyuan Real Estate Co'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.

Xinyuan Real Estate Co Accounts Receivable Chart

Xinyuan Real Estate Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.13 97.91 96.12 59.51 32.59

Xinyuan Real Estate Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 224.71 59.51 27.68 32.59 12.00

Xinyuan Real Estate Co Accounts Receivable Calculation

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


Xinyuan Real Estate Co 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.

Xinyuan Real Estate Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.004/388.241*91
=5.64

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

Xinyuan Real Estate Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(390.081+0.75 * 12.004+0.5 * 3112.657-5362.487
-0-141.089)/5.43832
=-652.44

* 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.


Xinyuan Real Estate Co Accounts Receivable Related Terms

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Xinyuan Real Estate Co (Xinyuan Real Estate Co) Business Description

Traded in Other Exchanges
Address
79 Jianguo Road, 27th Floor, China Central Place, Tower II, Chaoyang District, Beijing, CHN, 100025
Xinyuan Real Estate Co Ltd operates as a real estate developer and property manager in China. It develops and manages large-scale, high-quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Suzhou, among others. It aims to provide comfortable and convenient real estate-related products and services to middle-class consumers. Xinyuan's product portfolio consists of multiple-rise buildings, sub-high-rise buildings, and high-rise buildings, together with auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. In addition, the company provides property management services for its projects and other real estate-related services to its customers.