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Chevalier International Holdings (HKSE:00025) Accounts Receivable : HK$1,034 Mil (As of Sep. 2023)


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What is Chevalier International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chevalier International Holdings's accounts receivables for the quarter that ended in Sep. 2023 was HK$1,034 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chevalier International Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 48.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chevalier International Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-14.87.


Chevalier International Holdings Accounts Receivable Historical Data

The historical data trend for Chevalier International 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.

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Chevalier International Holdings Accounts Receivable Chart

Chevalier International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 810.86 794.30 951.52 1,158.58 762.57

Chevalier International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1,032.45 1,158.58 1,196.63 762.57 1,034.30

Chevalier International Holdings Accounts Receivable Calculation

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


Chevalier International 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.

Chevalier International Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1034.304/3926.559*91
=48.07

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

Chevalier International Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(3553.078+0.75 * 1034.304+0.5 * 3197.577-9877.951
-0-540.078)/301.928
=-14.87

* 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.


Chevalier International Holdings Accounts Receivable Related Terms

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Chevalier International Holdings (HKSE:00025) Business Description

Traded in Other Exchanges
N/A
Address
8 Wang Hoi Road, 22nd Floor, Chevalier Commercial Centre, Kowloon Bay, Hong Kong, HKG
Chevalier International Holdings Ltd is an investment holding company, that primarily operates through six segments: Construction and Engineering, Property Investment, Property Development and Operations, Healthcare investment, Car Dealership, and Other segments. It earns the majority of its revenue from the Construction and Engineering segment. The company's Construction and Engineering segment provide Construction and engineering work for aluminum window and curtain walls, building construction, building supplies, electrical and mechanical and environmental engineering, lift and escalator and pipe technology.
Executives
Chow Lily 2304 Executor or administrator
Miyakawa Michiko 2202 Interest of your spouse
Chow Vi Vi 2304 Executor or administrator
Chow Wai Wai Violet 2304 Executor or administrator

Chevalier International Holdings (HKSE:00025) Headlines

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