Zhongguancun Science-Tech Leasing Co (HKSE:01601) Accounts Receivable : HK$0.0 Mil (As of Jun. 2024)

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What is Zhongguancun Science-Tech Leasing Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zhongguancun Science-Tech Leasing Co's accounts receivables for the quarter that ended in Jun. 2024 was HK$0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zhongguancun Science-Tech Leasing Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 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. Zhongguancun Science-Tech Leasing Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-6.83.

Zhongguancun Science-Tech Leasing Co Accounts Receivable Historical Data

The historical data trend for Zhongguancun Science-Tech Leasing 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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Zhongguancun Science-Tech Leasing Co Accounts Receivable Chart

Zhongguancun Science-Tech Leasing Co Annual Data

Trend

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Dec23

Accounts Receivable

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Zhongguancun Science-Tech Leasing Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Receivable	Get a 7-Day Free Trial										-	-	-	-	-

Zhongguancun Science-Tech Leasing Co Accounts Receivable Calculation

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

Zhongguancun Science-Tech Leasing 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.

Zhongguancun Science-Tech Leasing Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	287.992	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Zhongguancun Science-Tech Leasing Co's accounts receivable are only considered to be worth 75% of book value:

Zhongguancun Science-Tech Leasing Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(622.362	+	0.75 * 0	+	0.5 * 0	-	9734.581
-	0	-	0)	/	1333.334
=	-6.83

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.

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Zhongguancun Science-Tech Leasing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Zhongguancun Science-Tech Leasing Co Ltd (HKSE:01601) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

No. 1 West Third Ring North Road, Floor 5 & 6, Suite 7, Courtyard 2, Haidian District, Beijing, CHN, 100081

Website

https://www.zgclease.com

Zhongguancun Science-Tech Leasing Co Ltd is engaged in the provision of finance leases and related consulting services across the People's Republic of China. The company offers finance lease solutions and advisory services to technology and new economy companies in the following five industries: big data, eco-solutions, life sciences and healthcare, intelligent manufacturing, and internet-based products and services.

Executives

Modern Orient Limited	2201 Interest of corporation controlled by you
Zhong Guan Cun Fa Zhan Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zgc International Holding Limited	2101 Beneficial owner
Beijing Enterprises Water Group Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Investments Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Group (bvi) Company Limited	2201 Interest of corporation controlled by you
China Communications Construction Group Limited	2201 Interest of corporation controlled by you
Cccg (hk) Holding Limited	2101 Beneficial owner
Superior Far East International Holdings Limited	2201 Interest of corporation controlled by you
Jia He Kong Gu You Xian Gong Si	2101 Beneficial owner
Hu Dao Sheng	2201 Interest of corporation controlled by you
Song Zuowen	2201 Interest of corporation controlled by you
Nan Shan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

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