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Fosun International (FRA:FNI) Accounts Receivable : €1,797 Mil (As of Jun. 2024)


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What is Fosun International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fosun International's accounts receivables for the quarter that ended in Jun. 2024 was €1,797 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fosun International's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 26.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fosun International's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-8.34.


Fosun International Accounts Receivable Historical Data

The historical data trend for Fosun 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.

* Premium members only.

Fosun International Accounts Receivable Chart

Fosun International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,766.69 3,262.50 1,475.40 1,665.28 1,756.38

Fosun International Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 4,328.17 1,665.28 1,980.01 1,756.38 1,797.25

Fosun International Accounts Receivable Calculation

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


Fosun 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.

Fosun 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
=1797.247/12528.693*91
=26.18

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

Fosun 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)
=(14028.914+0.75 * 1797.247+0.5 * 11172.594-78454.501
-0-10804.649)/8192.53
=-8.34

* 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.


Fosun International Accounts Receivable Related Terms

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Fosun International Business Description

Traded in Other Exchanges
Address
3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Central, Hong Kong, HKG
Fosun International Ltd is an investment holding company which is also a global innovation-driven consumer group dedicated to providing high-quality products and services for families around the world. The company's operating segments include Health; Happiness; Insurance; Asset Management and Intelligent Manufacturing. It generates maximum revenue from the Happiness segment. The Wealth Segment includes two major sub-segments: Insurance and Asset Management. The Happiness segment comprises principally the operation and investments in tourism and leisure, fashion consumer, and lifestyle industries. Geographically, it derives a majority of its revenue from the Chinese Mainland.

Fosun International Headlines