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Chowngng Holdings International (FRA:CJW1) Accounts Receivable : €82 Mil (As of Jun. 2024)


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What is Chowngng Holdings International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chowngng Holdings International's accounts receivables for the quarter that ended in Jun. 2024 was €82 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chowngng Holdings International's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 11.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chowngng Holdings International's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €0.22.


Chowngng Holdings International Accounts Receivable Historical Data

The historical data trend for Chowngng Holdings International'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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Chowngng Holdings International Accounts Receivable Chart

Chowngng Holdings International 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 88.51 91.27 99.24 113.82 97.53

Chowngng Holdings International 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 99.24 93.28 113.82 82.30 97.53

Chowngng Holdings International Accounts Receivable Calculation

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


Chowngng Holdings International 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.

Chowngng Holdings International's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=82.3/1345.652*91
=11.16

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

Chowngng Holdings International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(167.775+0.75 * 82.3+0.5 * 1433.691-800.57
-0--4.778)/677.429
=0.22

* 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.


Chowngng Holdings International Accounts Receivable Related Terms

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Chowngng Holdings International Business Description

Traded in Other Exchanges
Address
229 Nathan Road, 4th Floor, Chow Sang Sang Building, Kowloon, Hong Kong, HKG
Chow Sang Sang Holdings International Ltd is an investment holding company. The company's businesses include the manufacture and retail of jewelry, the distribution of watches, the wholesale of precious metals, and e-commerce platform operation. The manufacture and retail of the Jewellery segment produce jewelry products for the group's retail business and operates retail stores mainly in Hong Kong, Macau, Mainland China, and Taiwan. The group derives the majority of its revenue from the Retail of jewelry and watches segment.

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