GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agile Group Holdings Ltd (OTCPK:AGPYY) » Definitions » Accounts Receivable

Agile Group Holdings (Agile Group Holdings) Accounts Receivable : $1,464 Mil (As of Jun. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Agile Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Agile Group Holdings's accounts receivables for the quarter that ended in Jun. 2023 was $1,464 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Agile Group Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 95.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Agile Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-227.98.


Agile Group Holdings Accounts Receivable Historical Data

The historical data trend for Agile Group 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.

Agile Group Holdings Accounts Receivable Chart

Agile Group 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 1,101.93 1,738.17 2,007.94 1,644.99 1,408.21

Agile Group 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 2,007.94 1,766.48 1,644.99 1,463.76 1,408.21

Agile Group Holdings Accounts Receivable Calculation

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


Agile Group 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.

Agile Group Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1463.762/2793.012*91
=95.64

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

Agile Group Holdings'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)
=(1451.214+0.75 * 1463.762+0.5 * 11431.273-26656.925
-0-3038.199)/94.001
=-227.98

* 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.


Agile Group Holdings Accounts Receivable Related Terms

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


Agile Group Holdings (Agile Group Holdings) Business Description

Traded in Other Exchanges
Address
26 Huaxia Road, 33rd Floor, Agile Center, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623
Agile Group is one of the largest Chinese developers listed (2005) on the Hong Kong Exchange. Its main business is property development, with a land bank spread across China and overseas, including key cities in Zhongshan, Guangzhou, and Hainan. Agile spun off its complementary property management business A-Living Services on the Hong Kong Exchange in February 2018; we believe this business is poised to enjoy healthy organic and inorganic growth in gross floor area under management. The company also operates a commercial portfolio consisting of hotels and investment properties, as well as construction. Its environmental business covers waste and water treatment, currently operating in an initial growth phase.

Agile Group Holdings (Agile Group Holdings) Headlines