GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KE Holdings Inc (FRA:KE8) » Definitions » Accounts Receivable

KE Holdings (FRA:KE8) Accounts Receivable : €417 Mil (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is KE Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KE Holdings's accounts receivables for the quarter that ended in Sep. 2024 was €417 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KE Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 13.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KE Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €0.13.


KE Holdings Accounts Receivable Historical Data

The historical data trend for KE Holdings'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.

KE Holdings Accounts Receivable Chart

KE Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 1,038.52 1,657.19 1,295.68 551.83 387.53

KE Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 355.77 387.53 408.40 499.95 417.37

KE Holdings Accounts Receivable Calculation

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


KE Holdings 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.

KE Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=417.365/2875.744*91
=13.24

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

KE Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(6777.998+0.75 * 417.365+0.5 * 0-6608.783
-0-15.164)/3625.03
=0.13

* 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.


KE Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of KE Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


KE Holdings Business Description

Traded in Other Exchanges
Address
No. 2 Chuangye Road, Oriental Electronic Technology Building, Haidian District, Beijing, CHN, 100086
KE Holdings, or Beike, is a large residential real estate sales and rental brokerage company in China. Founded in 2001, the company operates through self-owned Lianjia stores in Beijing and Shanghai and connected third-party agencies including franchise brand Deyou in other cities, with commissions charged on existing-home and new-home transactions. Leveraging an online-offline hybrid model, Beike also attract clients through its namesake online marketplace. The company tapped into home renovation services by acquiring Shengdu Home Decoration in 2022. As of the end of 2023, Beike's cofounders collectively control the company, while Tencent and its affiliates share 8% of voting power.

KE Holdings Headlines

No Headlines