GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Dingyi Group Investment Ltd (HKSE:00508) » Definitions » Accounts Receivable

Dingyi Group Investment (HKSE:00508) Accounts Receivable : HK$0.0 Mil (As of Sep. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Dingyi Group Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dingyi Group Investment's accounts receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dingyi Group Investment's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dingyi Group Investment's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.71.


Dingyi Group Investment Accounts Receivable Historical Data

The historical data trend for Dingyi Group Investment'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.

Dingyi Group Investment Accounts Receivable Chart

Dingyi Group Investment 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 - - - - -

Dingyi Group Investment 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 - - - - -

Dingyi Group Investment Accounts Receivable Calculation

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


Dingyi Group Investment 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.

Dingyi Group Investment's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/117.777*91
=0.00

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

Dingyi Group Investment'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)
=(222.396+0.75 * 0+0.5 * 1754.492-1623.832
-0-0)/735.678
=-0.71

* 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.


Dingyi Group Investment Accounts Receivable Related Terms

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


Dingyi Group Investment (HKSE:00508) Business Description

Traded in Other Exchanges
N/A
Address
1 Harbour Road, Units 2703, 27th Floor, Wanchai, Convention Plaza - Office Tower, Hong Kong, HKG
Dingyi Group Investment Ltd is a Hong-based company engaged in loan financing, securities trading, and property development, Its operating segments include securities trading business; loan financing business; and property development business of which it generates the majority of the revenue from the property development business.
Executives
Li Kwong Yuk 2101 Beneficial owner
Wincon Capital Investment Limited 2101 Beneficial owner
Zhong Guo Chuan Bo Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
China Shipbuilding Capital Limited 2101 Beneficial owner

Dingyi Group Investment (HKSE:00508) Headlines

No Headlines