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Chongqing Rural Commercial Bank Co (HKSE:03618) Accounts Receivable : HK$0 Mil (As of Dec. 2023)


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What is Chongqing Rural Commercial Bank Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chongqing Rural Commercial Bank Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chongqing Rural Commercial Bank Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-111.23.


Chongqing Rural Commercial Bank Co Accounts Receivable Historical Data

The historical data trend for Chongqing Rural Commercial Bank Co'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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Chongqing Rural Commercial Bank Co Accounts Receivable Chart

Chongqing Rural Commercial Bank Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Chongqing Rural Commercial Bank Co Quarterly Data
Dec17 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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Chongqing Rural Commercial Bank Co Accounts Receivable Calculation

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


Chongqing Rural Commercial Bank Co 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.

Chongqing Rural Commercial Bank Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Chongqing Rural Commercial Bank Co's accounts receivable are only considered to be worth 75% of book value:

Chongqing Rural Commercial Bank Co'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)
=(179847.555+0.75 * 0+0.5 * 0-1441141.536
-0-1933.78)/11357
=-111.23

* 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.


Chongqing Rural Commercial Bank Co Accounts Receivable Related Terms

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Chongqing Rural Commercial Bank Co (HKSE:03618) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, 31th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Chongqing Rural Commercial Bank Co Ltd provides a range of banking and related services in China. The company operates in three segments: Corporate banking, which includes corporate loans, trade financing, deposit takings, financial leasing, and other services; Personal banking segment includes personal loans, deposit products, card business, personal wealth management services, and other services; and Financial market operations, which conducts money market or repurchase transactions and debt instruments investment. Its geographical segments are County and Urban.
Executives
Shang Hai Yu Yuan Lv You Shang Cheng Ji Tuan Gu Fen You Xian Gong Si
Fosun International Holdings Ltd. 2201 Interest of corporation controlled by you
Fosun International Limited 2201 Interest of corporation controlled by you
Guo Guangchang 2201 Interest of corporation controlled by you
Blackrock Global Funds 2101 Beneficial owner
Fosun Holdings Limited 2201 Interest of corporation controlled by you

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