Kanzhun (Kanzhun) Accounts Receivable

: $2.3 Mil (As of Sep. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kanzhun's accounts receivables for the quarter that ended in Sep. 2023 was $2.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kanzhun's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 0.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kanzhun's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $2.83.

Kanzhun Accounts Receivable Historical Data

The historical data trend for Kanzhun'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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Kanzhun Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

0.26

1.07

0.16

1.42

Kanzhun Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Receivable												0.64	1.42	1.92	2.12	2.26

Kanzhun Accounts Receivable Calculation

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

Kanzhun 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.

Kanzhun's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.256	/	220.15	*	91
=	0.94

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

Kanzhun's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(1753.822	+	0.75 * 2.256	+	0.5 * 0	-	520.492
-	0	-	0)	/	437.042
=	2.83

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.

Kanzhun Accounts Receivable Related Terms

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Kanzhun (Kanzhun) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kanzhun Ltd (NAS:BZ) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

02076:Hong Kong 8JN0:Germany

Address

Taiyanggong Middle Road, 18th Floor, GrandyVic Building, Chaoyang District, Beijing, CHN, 100020

Website

https://www.zhipin.com

Kanzhun's Boss Zhipin job platform connects job seekers and employers. Boss Zhipin is China's largest online recruitment platform based on average number of monthly active users, or MAU, and was established in 2014. Kanzhun earns revenue by providing services to enterprise customers primarily through its mobile app, which promotes direct messaging between recruiters and workers and operates on a recommendation basis powered by artificial intelligence. The platform specializes in transportation, logistics, construction, and service-based industries. About 85% of the companies looking to hire are small and medium-size enterprises. Its main competitors are 58.com, 51job, and Zhilian Zhaopin. Tencent has a 9.2% stake in Kanzhun.