Hao Tian International Construction Investment Group (HKSE:01341) Accounts Receivable : HK$111.0 Mil (As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Hao Tian International Construction Investment Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hao Tian International Construction Investment Group's accounts receivables for the quarter that ended in Sep. 2023 was HK$111.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hao Tian International Construction Investment Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 235.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hao Tian International Construction Investment Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.11.

Hao Tian International Construction Investment Group Accounts Receivable Historical Data

The historical data trend for Hao Tian International Construction Investment 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.

* Premium members only.

Hao Tian International Construction Investment Group Accounts Receivable Chart

Hao Tian International Construction Investment Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

Get a 7-Day Free Trial

82.16

60.00

113.00

126.00

91.00

Hao Tian International Construction Investment Group Semi-Annual Data
	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													133.00	126.00	121.00	91.00	111.00

Hao Tian International Construction Investment Group Accounts Receivable Calculation

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

Hao Tian International Construction Investment 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.

Hao Tian International Construction Investment Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	111	/	86	*	91
=	235.55

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Hao Tian International Construction Investment Group's accounts receivable are only considered to be worth 75% of book value:

Hao Tian International Construction Investment Group'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)
=	(134	+	0.75 * 111	+	0.5 * 331	-	1042
-	0	-	168)	/	7620
=	-0.11

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.

Hao Tian International Construction Investment Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Hao Tian International Construction Investment Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hao Tian International Construction Investment Group (HKSE:01341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hao Tian International Construction Investment Group Ltd (HKSE:01341) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

HAOTF:USA

Address

6-8 Harbour Road, Rooms 2510-2518, 25th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.haotianint.com.hk

Hao Tian International Construction Investment Group Ltd is an investment holding company. The company's operating segment includes the Rental and sale of construction machinery and spare parts business which generates majority revenue to the business; Provision of repair and maintenance and transportation service business; Money lending business; Provision of asset management, securities brokerage, commodities, futures, and other financial services business and Property development business. The company operates in Hong Kong, The People's Republic of China, Macau, and Cambodia geographically.

Executives

Aceso Life Science Group Limited	2201 Interest of corporation controlled by you
Asia Link Capital Investment Holdings Limited	2201 Interest of corporation controlled by you
Win Team Investments Limited	2201 Interest of corporation controlled by you
Hao Tian Management (china) Limited	2101 Beneficial owner
Li Shao Yu	2201 Interest of corporation controlled by you
Yi Tai Gu Fen Xiang Gang You Xian Gong Si	2101 Beneficial owner
Nei Meng Gu Yi Tai Mei Tan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Lin Yuan	2101 Beneficial owner
Hao Tian Management (hong Kong) Limited	2101 Beneficial owner
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares
Su Junhao	2101 Beneficial owner
Soaring Wealth Ventures Limited	2101 Beneficial owner

Hao Tian International Construction Investment Group (HKSE:01341) Headlines

No Headlines