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Chuang's Consortium International (HKSE:00367) Accounts Receivable : HK$114.5 Mil (As of Sep. 2023)


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What is Chuang's Consortium International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chuang's Consortium International's accounts receivables for the quarter that ended in Sep. 2023 was HK$114.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chuang's Consortium International's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 96.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chuang's Consortium International's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-1.43.


Chuang's Consortium International Accounts Receivable Historical Data

The historical data trend for Chuang's Consortium International'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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Chuang's Consortium International Accounts Receivable Chart

Chuang's Consortium International 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 23.42 21.79 16.64 23.04 114.54

Chuang's Consortium International 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 268.19 23.04 127.49 114.54 114.47

Chuang's Consortium International Accounts Receivable Calculation

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


Chuang's Consortium International 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=114.468/215.706*91
=96.85

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

Chuang's Consortium International'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)
=(2777.388+0.75 * 114.468+0.5 * 1614.286-4730.732
-0-1331.83)/1672.55
=-1.43

* 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.


Chuang's Consortium International Accounts Receivable Related Terms

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Chuang's Consortium International (HKSE:00367) Business Description

Traded in Other Exchanges
N/A
Address
18 Chater Road, 25th Floor, Alexandra House, Central, Hong Kong, HKG
Chuang's Consortium International Ltd is an investment holding company. The company's operating segment includes Property development, investment and trading; Hotel operation and management; Cemetery; Sales of goods and merchandises; Securities investment and trading; Money lending business, and Other and Corporate. It generates maximum revenue from the Property development, investment and trading segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in PRC, the United Kingdom, and Other countries.
Executives
Evergain Holdings Limited 2101 Beneficial owner
Chong Ho Pik Yu 2202 Interest of your spouse
Chuang (on Hkid: "chong") Shaw Swee, Alan 2201 Interest of corporation controlled by you

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