GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Minmetals Land Ltd (FRA:ONF) » Definitions » Accounts Receivable

Minmetals Land (FRA:ONF) Accounts Receivable : €25 Mil (As of Jun. 2024)


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

What is Minmetals Land Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Minmetals Land's accounts receivables for the quarter that ended in Jun. 2024 was €25 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Minmetals Land's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 7.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Minmetals Land's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.90.


Minmetals Land Accounts Receivable Historical Data

The historical data trend for Minmetals Land'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.

Minmetals Land Accounts Receivable Chart

Minmetals Land 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 47.85 15.70 15.86 17.04 22.08

Minmetals Land 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 1,310.85 17.04 22.65 22.08 25.29

Minmetals Land Accounts Receivable Calculation

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


Minmetals Land 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.

Minmetals Land's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=25.286/597.516*91
=7.72

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

Minmetals Land'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)
=(352.001+0.75 * 25.286+0.5 * 3534.105-4204.329
-0-959.065)/3346.91
=-0.90

* 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.


Minmetals Land Accounts Receivable Related Terms

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


Minmetals Land Business Description

Traded in Other Exchanges
Address
79 Chatham Road South, 18th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG
Minmetals Land Ltd is a Hong Kong-based investment holding company. It is principally engaged in real estate development, specialized construction, property investment, and securities investment. The firm has three operating segments which are Real estate development, Specialised construction, and Property investment. Its real estate development business, which is the key revenue-generating segment, covers the development and sales of residential and commercial properties. The group operates in Hong Kong and Mainland China.

Minmetals Land Headlines

No Headlines