China Renaissance Holdings (HKSE:01911) Accounts Receivable : HK$0.0 Mil (As of Jun. 2023)

View and export this data going back to 2018. Start your Free Trial

What is China Renaissance Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Renaissance Holdings's accounts receivables for the quarter that ended in Jun. 2023 was HK$0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China Renaissance Holdings's Days Sales Outstanding for the quarter that ended in Jun. 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. China Renaissance Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was HK$N/A.

China Renaissance Holdings Accounts Receivable Historical Data

The historical data trend for China Renaissance 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 Renaissance Holdings Accounts Receivable Chart

China Renaissance Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

Get a 7-Day Free Trial

448.30

805.54

2,479.21

428.84

1,398.94

China Renaissance Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Accounts Receivable	Get a 7-Day Free Trial									2,479.21	1,621.07	428.84	774.91	-

China Renaissance Holdings Accounts Receivable Calculation

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

China Renaissance 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 Renaissance Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	753.698	*	91
=	0.00

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

China Renaissance Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(0	+	0.75 * 0	+	0.5 * 0	-	N/A
-	0	-	0)	/	568.398
=	N/A

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 Renaissance Holdings Accounts Receivable Related Terms

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

China Renaissance Holdings (HKSE:01911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China Renaissance Holdings Ltd (HKSE:01911) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CSCHF:USA

Address

No.2A Workers’ Stadium North Road, Pacific Century Place, Gate 1, Space 8, Chaoyang District, Beijing, CHN, 100027

Website

http://www.huaxing.com

China Renaissance Holdings Ltd is an investment banking and investment management company that combines private placement advisory, Merger and Acquisition advisory, securities underwriting, research, sales and trading, investment management, and other financial services. Its segments include Investment Banking, Investment Management, CR Securities, and Others. The company generates maximum revenue from the Investment Management segment.

Executives

Bao Fan
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Cr Partners Limited
Fbh Partners Limited
Li Shujun	2201 Interest of corporation controlled by you
Chengwei Evergreen Management, Llc	2201 Interest of corporation controlled by you
Cw Renaissance Holdings Limited	2101 Beneficial owner
Chengwei Capital Hk Limited	2201 Interest of corporation controlled by you
Chengwei Evergreen Capital, Lp	2201 Interest of corporation controlled by you
Renaissance Greenhouse Hk Limited	2101 Beneficial owner
Infiniti Trust (hong Kong) Limited	2301 Trustee
Sky Allies Development Limited	2306 Nominee for another person

China Renaissance Holdings (HKSE:01911) Headlines

No Headlines