Kaisa Prosperity Holdings (HKSE:02168) Accounts Receivable : HK$430 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Kaisa Prosperity Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kaisa Prosperity Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$430 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kaisa Prosperity Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 78.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kaisa Prosperity Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-2.68.

Kaisa Prosperity Holdings Accounts Receivable Historical Data

The historical data trend for Kaisa Prosperity 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.

Kaisa Prosperity Holdings Accounts Receivable Chart

Kaisa Prosperity Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

286.92

475.85

904.30

925.58

430.46

Kaisa Prosperity Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial											904.30	993.11	925.58	777.76	430.46

Kaisa Prosperity Holdings Accounts Receivable Calculation

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

Kaisa Prosperity 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.

Kaisa Prosperity Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	430.459	/	999.997	*	91
=	78.56

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

Kaisa Prosperity Holdings'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)
=	(313.667	+	0.75 * 430.459	+	0.5 * 0	-	972.613
-	0	-	77.233)	/	154.110
=	-2.68

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.

Kaisa Prosperity Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Kaisa Prosperity Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kaisa Prosperity Holdings (HKSE:02168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kaisa Prosperity Holdings Ltd (HKSE:02168) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Nanyuan Road, Room 507, Block A, Kaisa Center, Futian District, Shenzhen, CHN

Website

http://www.jzywy.com

Kaisa Prosperity Holdings Ltd is an investment holding company. It is engaged in four operating business segments. The property management services include providing security, cleaning and gardening, and property repair and maintenance services to residential communities, commercial properties, and public facilities; pre-delivery & consulting services include construction sites management, display units, and property sales venues management and consulting services; community value-added services include fees generated from the car parking, space leasing, and value-added services through both offline and online channels; and smart solution services include installation and maintenance services. Geographically, the company operates across China.

Executives

China Shandong Hi-speed Capital Limited	2201 Interest of corporation controlled by you
China Shandong Hi-speed Financial Group Limited	2201 Interest of corporation controlled by you
Paramount Access Investments Limited	2201 Interest of corporation controlled by you
Safe Castle Limited	2106 Person having a security interest in shares
Ye Chang Investment Company Limited	2101 Beneficial owner
Kaisa Group Holdings Ltd.	2201 Interest of corporation controlled by you

Kaisa Prosperity Holdings (HKSE:02168) Headlines

No Headlines