China Resources and Transportation Group (FRA:ZP3C) Accounts Receivable: €18.67 Mil (As of Mar. 2026)

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What is China Resources and Transportation Group Accounts Receivable?

China Resources and Transportation Group FRA:ZP3C Accounts Receivable is €18.67 Mil as of Mar. 2026. The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Resources and Transportation Group's accounts receivables for the quarter that ended in Mar. 2026 was €18.67 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China Resources and Transportation Group's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 108.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China Resources and Transportation Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-0.26.

China Resources and Transportation Group 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 Resources and Transportation Group's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.67/31.537*91
=108.04

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

China Resources and Transportation Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(6.186+0.75 * 18.67+0.5 * 0.092-2123.133
-0--163.061)/7442.396
=-0.26

* 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 Resources and Transportation Group Accounts Receivable Related Terms

China Resources and Transportation Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for China Resources and Transportation Group'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.

China Resources and Transportation Group Accounts Receivable Chart

China Resources and Transportation Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.34 142.76 44.54 35.29 18.67

China Resources and Transportation Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 44.54 27.30 35.29 33.77 18.67

China Resources and Transportation Group Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of €18.67 Mil mean?
China Resources and Transportation Group (FRA:ZP3C) has a Accounts Receivable of €18.67 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on China Resources and Transportation Group and its competitors.
Is China Resources and Transportation Group's Accounts Receivable too high?
China Resources and Transportation Group's current Accounts Receivable is €18.67 Mil.
How does China Resources and Transportation Group's Accounts Receivable compare to competitors?
China Resources and Transportation Group's Accounts Receivable of €18.67 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Construction company?
A good Accounts Receivable depends on the Construction industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on China Resources and Transportation Group and its competitors. China Resources and Transportation Group's current Accounts Receivable is €18.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources and Transportation Group stock overvalued right now?
China Resources and Transportation Group (FRA:ZP3C) has a current Accounts Receivable of €18.67 Mil. The current Accounts Receivable is €18.67 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For China Resources and Transportation Group (FRA:ZP3C), the current Accounts Receivable is €18.67 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Resources and Transportation Group Business Description

Other Exchanges 00269:Hong Kong
Address 145 Hennessy Road, 22nd Floor, On Hong Commercial Building, Wan Chai, Hong Kong, HKG
China Resources and Transportation Group Ltd is a China-based company. It operates through various business segments that are Expressway Operations, which includes operations, management, maintenance and auxiliary facility investment of Zhunxing Expressway; CNG gas stations operation includes operation of CNG gas stations; and Other Operations, which includes sales of timber logs from forest concession, tree plantation area and outside suppliers, sales of seedlings and refined plant oil. The Expressway Operations segment generates maximum revenue for the company. Geographically, the company has business operations in the PRC and Hong Kong.