Shanghai International Port (Group) Co (SHSE:600018) Accounts Receivable : ¥3,682 Mil (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Shanghai International Port (Group) Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shanghai International Port (Group) Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥3,682 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shanghai International Port (Group) Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 37.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shanghai International Port (Group) Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-1.52.

Shanghai International Port (Group) Co Accounts Receivable Historical Data

The historical data trend for Shanghai International Port (Group) 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.

* Premium members only.

Shanghai International Port (Group) Co Accounts Receivable Chart

Shanghai International Port (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

2,426.57

2,412.86

2,966.60

3,505.47

2,768.84

Shanghai International Port (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															3,116.87	3,589.18	4,248.48	2,768.84	3,682.20

Shanghai International Port (Group) Co Accounts Receivable Calculation

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

Shanghai International Port (Group) 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.

Shanghai International Port (Group) Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3682.196	/	8951.114	*	91
=	37.54

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

Shanghai International Port (Group) Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=	(36443.873	+	0.75 * 3682.196	+	0.5 * 9889.166	-	65442.075
-	0	-	14003.378)	/	23284.1
=	-1.52

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.

Shanghai International Port (Group) Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Shanghai International Port (Group) Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai International Port (Group) Co (SHSE:600018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai International Port (Group) Co Ltd (SHSE:600018) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

358 East Daming Road, Shanghai, CHN, 200080

Website

http://www.portshanghai.com.cn

Shanghai International Port Group, or SIPG, is the world's largest container port in terms of throughput volume, and a major trans-shipment hub in China. It engages in handling port containers and bulk cargo along with other container-related services in the Yangtze River Delta. The gross profit in core port operation is approximately 72% in containers, 2% in bulk cargo, and 26% in port logistics and services. The Shanghai state-owned Asset Supervision and Administration Commission holds approximately a 44% stake in SIPG.

Executives

Wang Hai Jian	senior management
Ding Xiang Ming	senior management
Zhang Min	senior management
Yan Jun	Directors, senior managers
Fang Huai Jin	senior management
Yang Zhi Yong	senior management
Zhang Xin	senior management
Wang Lin Lin	senior management
Liu Gang	Supervisors
Yu Wei	senior management
Yang Hai Feng	Supervisors
Zhou Yuan Kang	Supervisors
Zhuang Xiao Qing	Director
Zhang You Lin	Supervisors

Shanghai International Port (Group) Co (SHSE:600018) Headlines

No Headlines