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Haitian International Holdings (HKSE:01882) Accounts Receivable : HK$3,956 Mil (As of Dec. 2024)


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What is Haitian International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Haitian International Holdings's accounts receivables for the quarter that ended in Dec. 2024 was HK$3,956 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Haitian International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 83.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Haitian International Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$2.31.


Haitian International Holdings Accounts Receivable Historical Data

The historical data trend for Haitian International 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.

Haitian International Holdings Accounts Receivable Chart

Haitian International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,717.17 4,294.13 3,546.10 3,754.41 3,956.36

Haitian International Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,546.10 3,532.52 3,754.41 4,625.83 3,956.36

Haitian International Holdings Accounts Receivable Calculation

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


Haitian International 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.

Haitian International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3956.359/8659.372*91
=83.38

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

Haitian International Holdings'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)
=(9271.012+0.75 * 3956.359+0.5 * 4886.011-10971.437
-0-26.099)/1596.000
=2.31

* 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.


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.


Haitian International Holdings Accounts Receivable Related Terms

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Haitian International Holdings Business Description

Traded in Other Exchanges
Address
No.1688 Haitian Road, Beilun District, Zhejiang Province, Ningbo, CHN, 315800
Haitian International Holdings Ltd is an investment holding company that manufactures and distributes plastic injection molding machines and related products. It offers hydraulic and electric plastic injection molding machines. The group operates in Mainland China, Hong Kong, and other countries. The company generates most of its revenue from Mainland China through the sale of plastic injection molding machines and related products.
Executives
Zhang Jianming 2201 Interest of corporation controlled by you
Zhang Jingzhang 2201 Interest of corporation controlled by you
Cambridge Management Consultants (ptc) Ltd. 2101 Beneficial owner
Premier Capital Management Pte. Ltd. 2101 Beneficial owner
Premier Capital Management (ptc) Ltd. 2101 Beneficial owner
Sky Treasure Capital Limited 2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited 2301 Trustee

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