GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Overseas Land & Investment Ltd (OTCPK:CAOVF) » Definitions » Accounts Receivable

CAOVF (China Overseas Land & Investment) Accounts Receivable : $218 Mil (As of Dec. 2024)


View and export this data going back to 2009. Start your Free Trial

What is China Overseas Land & Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Overseas Land & Investment's accounts receivables for the quarter that ended in Dec. 2024 was $218 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China Overseas Land & Investment's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 2.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China Overseas Land & Investment's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-2.17.


China Overseas Land & Investment Accounts Receivable Historical Data

The historical data trend for China Overseas Land & Investment'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.

China Overseas Land & Investment Accounts Receivable Chart

China Overseas Land & Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,411.75 987.25 662.11 561.35 218.41

China Overseas Land & Investment Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 662.11 723.49 561.35 934.95 218.41

China Overseas Land & Investment Accounts Receivable Calculation

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


China Overseas Land & Investment 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.

China Overseas Land & Investment's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=218.409/13490.269*91
=2.95

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

China Overseas Land & Investment's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(17054.435+0.75 * 218.409+0.5 * 63213.081-69609.293
-0-2914.42)/10944.884
=-2.17

* 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.


China Overseas Land & Investment Accounts Receivable Related Terms

Thank you for viewing the detailed overview of China Overseas Land & Investment's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


China Overseas Land & Investment Business Description

Traded in Other Exchanges
Address
1 Queen's Road East, 10th Floor, Three Pacific Place, Hong Kong, HKG
China Overseas Land & Investment, or COLI, is a large real estate developer in China. Property development accounts for most of the core earnings, with operating scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds about a 40% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.