E-House (China) Enterprise Holdings (HKSE:02048) Accounts Receivable : HK$330 Mil (As of Dec. 2023)

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

What is E-House (China) Enterprise Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. E-House (China) Enterprise Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$330 Mil.

Accounts receivable can be measured by Days Sales Outstanding. E-House (China) Enterprise Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 25.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. E-House (China) Enterprise Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-6.07.

E-House (China) Enterprise Holdings Accounts Receivable Historical Data

The historical data trend for E-House (China) Enterprise 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.

E-House (China) Enterprise Holdings Accounts Receivable Chart

E-House (China) Enterprise Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

6,172.23

9,521.23

3,030.72

794.47

329.99

E-House (China) Enterprise Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial											3,030.72	1,704.26	794.47	497.25	329.99

E-House (China) Enterprise Holdings Accounts Receivable Calculation

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

E-House (China) Enterprise 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.

E-House (China) Enterprise 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
=	329.994	/	2348.286	*	91
=	25.65

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

E-House (China) Enterprise 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)
=	(754.056	+	0.75 * 329.994	+	0.5 * 0	-	11643.723
-	0	-	-16.915)	/	1749.06
=	-6.07

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.

E-House (China) Enterprise Holdings Accounts Receivable Related Terms

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

E-House (China) Enterprise Holdings (HKSE:02048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » E-House (China) Enterprise Holdings Ltd (HKSE:02048) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

383 Guangyan Road, 11th Floor, Yinli Building, Jing'an District, Shanghai, CHN, 200072

Website

https://www.ehousechina.com

E-House (China) Enterprise Holdings Ltd is a real estate transaction service provider. The company's operating segment includes Real estate agency services in the primary market, Real estate data and consulting services, Real estate brokerage network services and Digital marketing services. The Group's operations are located in the People's Republic of China.

Executives

Alibaba.com Limited	2201 Interest of corporation controlled by you
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Alibaba.com Investment Holding Limited	2201 Interest of corporation controlled by you
Alibaba.com Hong Kong Limited	2101 Beneficial owner
Zhou Xin	2105 Underwriter
E-house Holdings Ltd.	2201 Interest of corporation controlled by you
Taobao Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2101 Beneficial owner
E-house (china) Holdings Limited	2101 Beneficial owner
Hengda Real Estate Group Company Limited	2201 Interest of corporation controlled by you
Guang Zhou Shi Kai Long Zhi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Shi Chao Feng Zhi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Anji (bvi) Limited	2201 Interest of corporation controlled by you
Captain Valley (cayman) Limited	2101 Beneficial owner
Central Sino Global Limited	2201 Interest of corporation controlled by you

E-House (China) Enterprise Holdings (HKSE:02048) Headlines

No Headlines