Sansheng Holdings (Group) Co (HKSE:02183) Accounts Receivable : HK$325 Mil (As of Dec. 2021)

View and export this data going back to 2013. Start your Free Trial

What is Sansheng Holdings (Group) Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sansheng Holdings (Group) Co's accounts receivables for the quarter that ended in Dec. 2021 was HK$325 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sansheng Holdings (Group) Co's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 10.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sansheng Holdings (Group) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was HK$-82.39.

Sansheng Holdings (Group) Co Accounts Receivable Historical Data

The historical data trend for Sansheng Holdings (Group) 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.

* Premium members only.

Sansheng Holdings (Group) Co Accounts Receivable Chart

Sansheng Holdings (Group) Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Receivable

Get a 7-Day Free Trial

12.21

1.32

16.14

41.38

324.55

Sansheng Holdings (Group) Co Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Accounts Receivable	Get a 7-Day Free Trial															16.14	29.25	41.38	158.38	324.55

Sansheng Holdings (Group) Co Accounts Receivable Calculation

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

Sansheng Holdings (Group) 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.

Sansheng Holdings (Group) Co's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	324.545	/	5846.502	*	91
=	10.13

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

Sansheng Holdings (Group) Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=	(5291.252	+	0.75 * 324.545	+	0.5 * 49378.663	-	65111.12
-	0	-	5530.489)	/	490.594
=	-82.39

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.

Sansheng Holdings (Group) Co Accounts Receivable Related Terms

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

Sansheng Holdings (Group) Co (HKSE:02183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sansheng Holdings (Group) Co Ltd (HKSE:02183) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

The Gateway Tower 6, Room 3207, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.sansheng.hk

Sansheng Holdings (Group) Co Ltd together with its subsidiaries is engaged in property development and sale, and property investment. Its portfolio includes commercial or non-residential properties. It has a geographical presence in Hong Kong and China. The company's revenue mainly derived from sales of properties, with a small proportion from investment properties rental income.

Executives

Mega Regal Limited	2101 Beneficial owner
Cheng Xuan	2202 Interest of your spouse
Lin Rongbin	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Springboard Holdings Limited	2101 Beneficial owner
Lau Luen Hung, Thomas	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Modern Times Development Limited	2201 Interest of corporation controlled by you

Sansheng Holdings (Group) Co (HKSE:02183) Headlines

No Headlines