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Bank of Shanghai Co (SHSE:601229) Accounts Receivable : ¥0 Mil (As of Mar. 2024)


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What is Bank of Shanghai Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bank of Shanghai Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bank of Shanghai Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 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. Bank of Shanghai Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-176.53.


Bank of Shanghai Co Accounts Receivable Historical Data

The historical data trend for Bank of Shanghai 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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Bank of Shanghai Co Accounts Receivable Chart

Bank of Shanghai Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Bank of Shanghai Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Bank of Shanghai Co Accounts Receivable Calculation

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


Bank of Shanghai 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.

Bank of Shanghai 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
=0/13094.415*91
=0.00

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

Bank of Shanghai 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)
=(401653.741+0.75 * 0+0.5 * 0-2909057.807
-0-472.227)/14206.7
=-176.53

* 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.


Bank of Shanghai Co Accounts Receivable Related Terms

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Bank of Shanghai Co (SHSE:601229) Business Description

Traded in Other Exchanges
N/A
Address
No. 168, Middle Yincheng Road, Pudong New District, Shanghai, CHN, 200120
Bank of Shanghai Co Ltd is a commercial banking company. It is primarily involved in providing banking and financial services such as Corporate banking, Retail banking, Treasury business and others. Geographically, the business presence of the firm is seen across the region of Shanghai, Yangtze River Delta, excluding Shanghai and others.
Executives
Wang Ming senior management
Hu De Bin senior management
Li Xiao Hong senior management
Zhu Jian Directors, senior managers
Cui Qing Jun senior management
Shi Hong Min Directors, senior managers
Huang Tao senior management
Hu You Lian Directors, senior managers
Li Chao Kun Director
Liu Ji Nan Supervisors
Feng Xue Fei Supervisors

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