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Fang Holdings (Fang Holdings) Accounts Receivable : $99.0 Mil (As of Sep. 2020)


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What is Fang Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fang Holdings's accounts receivables for the quarter that ended in Sep. 2020 was $99.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fang Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2020 was 159.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fang Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $-85.92.


Fang Holdings Accounts Receivable Historical Data

The historical data trend for Fang 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.

Fang Holdings Accounts Receivable Chart

Fang Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.67 66.88 58.69 66.38 95.25

Fang Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.38 75.38 87.89 99.00 95.25

Fang Holdings Accounts Receivable Calculation

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


Fang 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.

Fang Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=98.999/56.677*91
=159.39

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

Fang Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 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)
=(364.983+0.75 * 98.999+0.5 * 0-1212.281
-0-0.694)/9.00522
=-85.92

* 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.


Fang Holdings Accounts Receivable Related Terms

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Fang Holdings (Fang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Tower A, No. 20 Guogongzhuang Middle Street, Fengtai District, Beijing, CHN, 100070
Fang Holdings Ltd operates in the Chinese internet portal industry. The company handles a real estate business through its web platform, www.fang.com, and a mobile application. The website serves as a one-stop avenue for the users to buy new and second homes, office buildings, and accommodation facilities available for rent in different parts of China. Real estate buyers can also avail of other services such as entrusted loans, mortgage loans, and other financial services that the company provides in the event of its credit assessment requirements being fulfilled. The group generates most of its revenues from new home sales through its e-commerce platform. A part of its income is also derived from marketing, listing, and financial services.