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China Enterprises (China Enterprises) Accounts Receivable : $0.00 Mil (As of Dec. 2018)


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What is China Enterprises Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Enterprises's accounts receivables for the quarter that ended in Dec. 2018 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China Enterprises's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $7.73.


China Enterprises Accounts Receivable Historical Data

The historical data trend for China Enterprises'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.

China Enterprises Accounts Receivable Chart

China Enterprises Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 - - - -

China Enterprises Semi-Annual Data
Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 1.38 - - - -

China Enterprises Accounts Receivable Calculation

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


China Enterprises 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.

China Enterprises's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

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

China Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=(73.724+0.75 * 0+0.5 * 0-4.048
-0-0)/9.01731
=7.73

* 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.


China Enterprises Accounts Receivable Related Terms

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China Enterprises (China Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
1063 King’s Road, Unit 703, 7th Floor, Quarry Bay, Hong Kong, HKG
China Enterprises Ltd is a holding company. It is engaged in seeking investment opportunities.

China Enterprises (China Enterprises) Headlines

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