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Kaisa Group Holdings (HKSE:01638) Accounts Receivable : HK$2,022 Mil (As of Dec. 2023)


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What is Kaisa Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kaisa Group Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$2,022 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kaisa Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 26.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kaisa Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-30.46.


Kaisa Group Holdings Accounts Receivable Historical Data

The historical data trend for Kaisa Group 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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Kaisa Group Holdings Accounts Receivable Chart

Kaisa Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,416.59 57,456.13 2,727.32 2,161.21 2,022.44

Kaisa Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2,727.32 66,032.86 2,161.21 55,083.58 2,022.44

Kaisa Group Holdings Accounts Receivable Calculation

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


Kaisa Group 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.

Kaisa Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2022.444/13775.236*91
=26.79

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

Kaisa Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2146.813+0.75 * 2022.444+0.5 * 101022.122-246205.592
-0-21627.799)/7015.47
=-30.46

* 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.


Kaisa Group Holdings Accounts Receivable Related Terms

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Kaisa Group Holdings (HKSE:01638) Business Description

Traded in Other Exchanges
Address
Ren Min South Road, Room 3306, Kerry Center, Luohu District, Shenzhen, Guangdong, CHN
Kaisa Group Holdings Ltd is an integrated property developer focusing on urban property development. Its portfolios include residential properties, villas, offices, serviced apartments, combined commercial buildings, and mega-urban complexes. It operates its business in eight segments: Property development; Property investment; Property management; Hotel and catering operations; Cinema, department store, and cultural center operations; Water-way passenger and cargo transportation; Health care operations, and others. The majority of the revenue was earned from the Property development segment.
Executives
Bank Of East Asia (trustees) Limited 2101 Beneficial owner
Kwok Ying Shing 2101 Beneficial owner
Da Feng Tou Zi You Xian Gong Si 2101 Beneficial owner
Chan Nog 2101 Beneficial owner
Da Chang Tou Zi You Xian Gong Si 2101 Beneficial owner
Funde Sino Life Insurance Co.,ltd. 2101 Beneficial owner
Kwok Ying Chi
Da Zheng Tou Zi You Xian Gong Si

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