Hong Kong Shanghai Alliance Holdings (HKSE:01001) Accounts Receivable : HK$422 Mil (As of Sep. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Hong Kong Shanghai Alliance Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hong Kong Shanghai Alliance Holdings's accounts receivables for the quarter that ended in Sep. 2023 was HK$422 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hong Kong Shanghai Alliance Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 61.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hong Kong Shanghai Alliance Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-1.88.

Hong Kong Shanghai Alliance Holdings Accounts Receivable Historical Data

The historical data trend for Hong Kong Shanghai Alliance 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.

Hong Kong Shanghai Alliance Holdings Accounts Receivable Chart

Hong Kong Shanghai Alliance Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

Get a 7-Day Free Trial

456.94

302.69

365.81

499.35

430.67

Hong Kong Shanghai Alliance Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial															463.91	499.35	460.35	430.67	421.68

Hong Kong Shanghai Alliance Holdings Accounts Receivable Calculation

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

Hong Kong Shanghai Alliance 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.

Hong Kong Shanghai Alliance Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	421.684	/	1246.762	*	91
=	61.73

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

Hong Kong Shanghai Alliance Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=	(109.679	+	0.75 * 421.684	+	0.5 * 487.726	-	1775.462
-	0	-	99.501)	/	640.414
=	-1.88

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.

Hong Kong Shanghai Alliance Holdings Accounts Receivable Related Terms

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

Hong Kong Shanghai Alliance Holdings (HKSE:01001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hong Kong Shanghai Alliance Holdings Ltd (HKSE:01001) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 Lockhart Road, East Town Building, Rooms 1103-05, 11th Floor, Wanchai, Hong Kong, HKG

Website

https://www.hkshalliance.com

Hong Kong Shanghai Alliance Holdings Ltd is an investment holding company. The company along with its subsidiaries is engaged in the distribution and processing of construction materials such as steel products; trading of sanitary wares and kitchen cabinets; and property investment and fund management businesses. The company's segment includes Steels Distribution and Processing Business; Building Products Distribution Business and Property Investment and Fund Management Business. The company generates maximum revenue from the Steels Distribution and Processing Business segment. Geographically the group has a presence in Hong Kong and Mainland China, of which key revenue is generated from Hong Kong.

Executives

Perfect Capital International Corp.	2101 Beneficial owner
Huge Top Industrial Ltd.	2101 Beneficial owner
Yao Cho Fai Andrew	2101 Beneficial owner

Hong Kong Shanghai Alliance Holdings (HKSE:01001) Headlines

No Headlines