China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is China Resources Beer (Holdings) Co Change In Receivables?

China Resources Beer (Holdings) Co's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means China Resources Beer (Holdings) Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Resources Beer (Holdings) Co's change in receivables for the fiscal year that ended in Dec. 2023 was $17 Mil. It means China Resources Beer (Holdings) Co's Accounts Receivable declined by $17 Mil from Dec. 2022 to Dec. 2023 .

China Resources Beer (Holdings) Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $17 Mil.

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 Receivable are being managed. China Resources Beer (Holdings) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Resources Beer (Holdings) Co's liquidation value for the six months ended in Dec. 2023 was $-3,779 Mil.

China Resources Beer (Holdings) Co Change In Receivables Historical Data

The historical data trend for China Resources Beer (Holdings) Co's Change In Receivables 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.

China Resources Beer (Holdings) Co Change In Receivables Chart

China Resources Beer (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

86.40

20.80

4.08

18.93

17.37

China Resources Beer (Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

China Resources Beer (Holdings) Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

China Resources Beer (Holdings) Co (OTCPK:CRHKY) Change In Receivables 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 Receivable are being managed.

China Resources Beer (Holdings) Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	17.366	/	2109.325	*	91
=	1.50

2. In Ben Graham's calculation of liquidation value, China Resources Beer (Holdings) Co's accounts receivable are only considered to be worth 75% of book value:

China Resources Beer (Holdings) Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	773.088	-	5230.946	+	0.75 * 17.366	+	0.5 * 1330.775
=	-3,779

China Resources Beer (Holdings) Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of China Resources Beer (Holdings) Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » China Resources Beer (Holdings) Co Ltd (OTCPK:CRHKY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

00291:Hong Kong CHK:Germany

Address

No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crbeer.com.hk

China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.

China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Headlines

From GuruFocus

Matthews Pacific Tiger Fund Comments on China Resources Enterprise

By Vera Yuan Vera Yuan • 07-24-2014

Matthews China Fund Comments on China Resources Enterprise

By Vera Yuan Vera Yuan • 10-20-2014

Matthews Pacific Tiger Fund Adds to China Resources Beer

By Kyle Ferguson Kyle Ferguson • 08-12-2016