China Shengmu Organic Milk (HKSE:01432) Accounts Receivable : HK$307 Mil (As of Dec. 2024)

View and export this data going back to 2014. Start your Free Trial

What is China Shengmu Organic Milk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Shengmu Organic Milk's accounts receivables for the quarter that ended in Dec. 2024 was HK$307 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China Shengmu Organic Milk's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 32.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China Shengmu Organic Milk's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.40.

China Shengmu Organic Milk Accounts Receivable Historical Data

The historical data trend for China Shengmu Organic Milk'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.

China Shengmu Organic Milk Accounts Receivable Chart

China Shengmu Organic Milk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

Get a 7-Day Free Trial

161.94

312.81

309.17

331.78

307.17

China Shengmu Organic Milk 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															309.17	309.36	331.78	256.19	307.17

China Shengmu Organic Milk Accounts Receivable Calculation

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

China Shengmu Organic Milk 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 Shengmu Organic Milk's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	307.17	/	1746.158	*	91
=	32.10

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

China Shengmu Organic Milk'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)
=	(744.408	+	0.75 * 307.17	+	0.5 * 1006.806	-	4578.669
-	0	-	227.185)	/	8246.229
=	-0.40

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 Shengmu Organic Milk Accounts Receivable Related Terms

Thank you for viewing the detailed overview of China Shengmu Organic Milk's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

China Shengmu Organic Milk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Shengmu Organic Milk Ltd (HKSE:01432) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

7OM:Germany

Address

Inner Mongolia Autonomous Region, Food Industry Park, Deng Kou County, Bayannur, CHN

Website

http://www.shengmuorganicmilk.com

China Shengmu Organic Milk Ltd is an organic dairy company in China. The company, through its subsidiaries, is engaged in the production and distribution of raw milk and dairy products. It operates in a single segment that is the Sale of raw milk. The company's income is mainly derived from its business activities in Mainland China.

Executives

Bpea Eqt Holdings Ab	2201 Interest of corporation controlled by you
Bei Jing Ke Gao Da Bei Nong Sheng Wu Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Da Bei Nong Ke Ji Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Da Bei Nong Huan Qiu Tou Zi Xiang Gang You Xian Gong Si	2101 Beneficial owner
Bpea Private Equity Gp V, L.p.	2201 Interest of corporation controlled by you
Bpea Private Equity Gp V Limited	2201 Interest of corporation controlled by you
Bpea Private Equity Fund V, L.p.	2201 Interest of corporation controlled by you
Eqt Ab	2201 Interest of corporation controlled by you
Greenbelt Global Limited	2101 Beneficial owner
Salata Jean Eric	2201 Interest of corporation controlled by you
China Mengniu Dairy Company Limited	2201 Interest of corporation controlled by you
Shao Genhuo
The Baring Asia Private Equity Fund V, L.p.	2201 Interest of corporation controlled by you
Baring Private Equity Asia Gp V, L.p.	2201 Interest of corporation controlled by you
Baring Private Equity Asia Gp V Limited	2201 Interest of corporation controlled by you

China Shengmu Organic Milk Headlines

No Headlines