China Motor Bus Co (HKSE:00026) Accounts Receivable : HK$0.79 Mil (As of Dec. 2024)

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What is China Motor Bus Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Motor Bus Co's accounts receivables for the quarter that ended in Dec. 2024 was HK$0.79 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China Motor Bus Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 4.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China Motor Bus Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$34.16.

China Motor Bus Co Accounts Receivable Historical Data

The historical data trend for China Motor Bus Co'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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China Motor Bus Co Accounts Receivable Chart

China Motor Bus Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Receivable

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0.10

0.58

0.49

0.74

0.75

China Motor Bus Co 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															0.87	0.74	1.00	0.75	0.79

China Motor Bus Co Accounts Receivable Calculation

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

China Motor Bus Co 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 Motor Bus Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.786	/	33.263	*	91
=	4.31

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

China Motor Bus Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(1808.836	+	0.75 * 0.786	+	0.5 * 0	-	264.526
-	0	-	0)	/	45.219
=	34.16

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 Motor Bus Co Accounts Receivable Related Terms

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China Motor Bus Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Motor Bus Co Ltd (HKSE:00026) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

510 King’s Road, 2606-08, 26th Floor, Island Place Tower, North Point, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/cmb

China Motor Bus Co Ltd is engaged in property development and investment. The company operates in two segments that include property development & investment and treasury management. Property development and investment segment encompass activities relating to the development, construction, sale, and marketing of the group's trading properties in Hong Kong and property leasing. The Treasury management segment includes activities for managing the group's listed investments, financial assets, and other treasury operations. Its geographical segments include Hong Kong and the United Kingdom, of which the majority of the revenue is derived from Hong Kong.

Executives

Chan E Pek Eliza (as One Of The Administrators Of The Estate Of Chan Kwan Shat	2304 Executor or administrator
Chan E Sun Ivy (as One Of The Administrators Of Chan Kwan Shat)	2304 Executor or administrator
Chan Man Lung Eddie (as One Of The Administrators Of Chan Kwan Shat)	2304 Executor or administrator
Chan Yee Mun Mary (as One Of The Administrators Of Chan Kwan Shat)	2304 Executor or administrator
Ngan Kit Ling	2304 Executor or administrator
Ngan Soo Shieh Ven Maria	2101 Beneficial owner
Hyacinth Development Holdings Limited	2101 Beneficial owner
Chee Sing Wan Sylvana	2201 Interest of corporation controlled by you
Bank Of East Asia	2304 Executor or administrator
Helmreich Fritz	2202 Interest of your spouse

China Motor Bus Co Headlines

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