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China Citic Bank (HKSE:00998) Accounts Receivable : HK$0 Mil (As of Mar. 2025)


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What is China Citic Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Citic Bank's accounts receivables for the quarter that ended in Mar. 2025 was HK$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China Citic Bank's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China Citic Bank's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was HK$-156.34.


China Citic Bank Accounts Receivable Historical Data

The historical data trend for China Citic Bank'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 Citic Bank Accounts Receivable Chart

China Citic Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
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China Citic Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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China Citic Bank Accounts Receivable Calculation

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


China Citic Bank 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 Citic Bank's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/55276.914*91
=0.00

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

China Citic Bank's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(1038221.473+0.75 * 0+0.5 * 0-9680404.644
-37479.236-19738.385)/55645.162
=-156.34

* 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.


China Citic Bank Accounts Receivable Related Terms

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China Citic Bank Business Description

Address
10 Guanghua Road, 6-30/F and 32-42/F, Building No. 1, Chaoyang District, Beijing, CHN, 100020
Headquartered in Beijing, China Citic Bank is the ninth-largest commercial bank in China. It offers a full range of commercial banking services, with 1,459 outlets in 153 cities in China and branches in Hong Kong, Macao, New York, Los Angeles, and Singapore, as of mid-2024. The bank was founded in 1987 and is a major subsidiary of Citic Group, a leading state-owned conglomerate in China.
Executives
Cti Capital Management Limited 2106 Person having a security interest in shares
Citic Limited 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Summit Idea Limited 2101 Beneficial owner
Rui Zhong Ren Shou Bao Xian You Xian Ze Ren Gong Si 2101 Beneficial owner
Qu Zhou Gong Ye Fa Zhan Ji Tuan You Xian Gong Si
Qu Zhou Zhi Na Qi Ye Guan Li You Xian Gong Si
Qu Zhou Zhi Bao Qi Ye Guan Li He Huo Qi Ye You Xian He Huo
Qu Zhou Gong Ye Kong Gu Ji Tuan You Xian Gong Si
Ubs Sdic Fund Management Co., Ltd 2102 Investment manager
Easterngate Spc 2102 Investment manager
Zhe Jiang Xin Hu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhe Jiang Heng Xing Li Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Hu Zhong Bao Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Ning Bo Jia Yuan Shi Ye Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you

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