GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China South City Holdings Ltd (HKSE:01668) » Definitions » Accounts Receivable

China South City Holdings (HKSE:01668) Accounts Receivable : HK$725 Mil (As of Sep. 2023)


View and export this data going back to 2009. Start your Free Trial

What is China South City Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China South City Holdings's accounts receivables for the quarter that ended in Sep. 2023 was HK$725 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China South City Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 52.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China South City Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-3.64.


China South City Holdings Accounts Receivable Historical Data

The historical data trend for China South City 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.

* Premium members only.

China South City Holdings Accounts Receivable Chart

China South City Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,185.38 1,064.89 560.89 824.71 2,351.41

China South City 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 3,266.63 2,351.41 1,648.91 977.07 724.83

China South City Holdings Accounts Receivable Calculation

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


China South City 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.

China South City 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
=724.832/2516.175*91
=52.57

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

China South City 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)
=(1306.217+0.75 * 724.832+0.5 * 41263.68-64094.643
-0-14.315)/11441.9
=-3.64

* 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 South City Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of China South City Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


China South City Holdings (HKSE:01668) Business Description

Traded in Other Exchanges
Address
The Gateway, 15 Canton Road, Suite 3306-08, 33rd Floor, Tower 5, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
China South City Holdings Ltd develops and operates large-scale integrated logistics and trade centers in China. It operates in three segments that include property development, property investment and management, and others. The majority of the revenue is generated from the property development segments that include the development of integrated logistics and trade centers and residential and commercial ancillary facilities. The majority of its operations are conducted in the People's Republic of China.

China South City Holdings (HKSE:01668) Headlines

No Headlines