C.P. Pokphand Co (C.P. Pokphand Co) Accounts Receivable : $209 Mil (As of Jun. 2021)

View and export this data going back to 1992. Start your Free Trial

What is C.P. Pokphand Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. C.P. Pokphand Co's accounts receivables for the quarter that ended in Jun. 2021 was $209 Mil.

Accounts receivable can be measured by Days Sales Outstanding. C.P. Pokphand Co's Days Sales Outstanding for the quarter that ended in Jun. 2021 was 16.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. C.P. Pokphand Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $-2.11.

C.P. Pokphand Co Accounts Receivable Historical Data

The historical data trend for C.P. Pokphand 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.

C.P. Pokphand Co Accounts Receivable Chart

C.P. Pokphand Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Receivable

Get a 7-Day Free Trial

196.03

277.55

341.39

246.30

123.29

C.P. Pokphand Co Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Accounts Receivable	Get a 7-Day Free Trial															389.57	246.30	323.45	123.29	209.29

C.P. Pokphand Co Accounts Receivable Calculation

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

C.P. Pokphand 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.

C.P. Pokphand Co's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	209.293	/	2303.351	*	91
=	16.58

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

C.P. Pokphand Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 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)
=	(417.854	+	0.75 * 209.293	+	0.5 * 1227.95	-	2746.55
-	0	-	469.546)	/	962.873
=	-2.11

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.

C.P. Pokphand Co Accounts Receivable Related Terms

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

C.P. Pokphand Co (C.P. Pokphand Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » C.P. Pokphand Co Ltd (OTCPK:CPKPY) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, 21st Floor, Far East Finance Centre, Hong Kong, HKG

Website

http://www.cpp.hk

C.P. Pokphand Co Ltd is an investment holding company in Asia that specializes in animal feed, farming, processing, and packaging livestock and aquatic animals. The animal feed is mixed and produced with natural food ingredients and other acids, vitamins, and antibiotics. It can be used to feed ducks, cattle, shrimp, fish, and other animals, and is distributed through an extensive network of dealers. The company has multiple processing plants and cold storage facilities to package and create ready-to-sell products. The food is processed is brought in from its own farms as well as outside farms that have built relationships with C.P. Pokphand. The food products are sold to retailers, wholesalers, fast food operators, convenience stores, and supermarkets.

C.P. Pokphand Co (C.P. Pokphand Co) Headlines

From GuruFocus

C.P. Pokphand Co Stock Gives Every Indication Of Being Significantly Overvalued

By GF Value GF Value • 05-14-2021