Guangzhou Rural Commercial Bank Co (HKSE:01551) Accounts Receivable : HK$0 Mil (As of Dec. 2023)

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What is Guangzhou Rural Commercial Bank Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guangzhou Rural Commercial Bank Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guangzhou Rural Commercial Bank Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Guangzhou Rural Commercial Bank Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-82.26.

Guangzhou Rural Commercial Bank Co Accounts Receivable Historical Data

The historical data trend for Guangzhou Rural Commercial Bank 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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Guangzhou Rural Commercial Bank Co Accounts Receivable Chart

Guangzhou Rural Commercial Bank Co Annual Data

Trend

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Accounts Receivable

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Guangzhou Rural Commercial Bank Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial													-	-	-	-	-

Guangzhou Rural Commercial Bank Co Accounts Receivable Calculation

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

Guangzhou Rural Commercial Bank 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.

Guangzhou Rural Commercial Bank Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	8938.614	*	91
=	0.00

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

Guangzhou Rural Commercial Bank Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(165465.854	+	0.75 * 0	+	0.5 * 0	-	1331677.514
-	10741.711	-	8438.178)	/	14409.8
=	-82.26

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.

Guangzhou Rural Commercial Bank Co Accounts Receivable Related Terms

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Guangzhou Rural Commercial Bank Co (HKSE:01551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guangzhou Rural Commercial Bank Co Ltd (HKSE:01551) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.grcbank.com

Guangzhou Rural Commercial Bank Co Ltd is engaged in providing banking and related financial services. The company's operating segments are Corporate banking, Retail banking, Treasury business, and others. It generates maximum revenue from the Corporate banking segment, which covers financial products and services for corporate customers, including deposits, loans, settlement, clearing, and other trade-related services. The Bank primarily operates in the Guangdong Province.

Executives

Harvest Fund Management Co., Ltd.
China Credit Trust Co., Ltd.
Guang Zhou Shi Jian She Tou Zi Fa Zhan You Xian Gong Si	2101 Beneficial owner
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Goncius I Limited	2101 Beneficial owner
Guang Zhou Jin Rong Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Guangzhou Finance Holdings (hk) Company Limited	2101 Beneficial owner
Guang Rong Finance Company Limited	2101 Beneficial owner
Manureen Investment Limited	2101 Beneficial owner
Lin Xiaohui	2201 Interest of corporation controlled by you
Su Jiaohua	2202 Interest of your spouse
Lead Straight Limited	2101 Beneficial owner
Grandbuy International Trade (hk) Limited	2101 Beneficial owner
Guang Zhou Bai Huo Qi Ye Ji Tuan You Xian Gong Si	2101 Beneficial owner
Lei Manying	2201 Interest of corporation controlled by you

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