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China State Construction International Holdings (HKSE:03311) Accounts Receivable : HK$82,370 Mil (As of Jun. 2024)


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What is China State Construction International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China State Construction International Holdings's accounts receivables for the quarter that ended in Jun. 2024 was HK$82,370 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China State Construction International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 243.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China State Construction International Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-18.15.


China State Construction International Holdings Accounts Receivable Historical Data

The historical data trend for China State Construction 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.

China State Construction International Holdings Accounts Receivable Chart

China State Construction 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 38,160.28 59,239.65 65,830.02 75,414.12 91,944.82

China State Construction 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 65,830.02 69,127.56 75,414.12 82,370.48 91,944.82

China State Construction International Holdings Accounts Receivable Calculation

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


China State Construction 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.

China State Construction International Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=82370.477/61755.215*91
=243.42

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

China State Construction International Holdings'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)
=(32606.732+0.75 * 82370.477+0.5 * 10337.556-188386.919
-0-2603.216)/5037.617
=-18.15

* 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.


China State Construction International Holdings Accounts Receivable Related Terms

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China State Construction International Holdings Business Description

Traded in Other Exchanges
Address
139 Hennessy Road, 28th Floor, China Overseas Building, Wanchai, HKG
China State Construction International Holdings Ltd is engaged in the construction business. The principal activity of the Company is the construction business, infrastructure project investments, toll road operation, project consultancy services and facade contracting business.. The company's activities include construction, project consultancy services, thermoelectricity business, infrastructure project investments, toll road operation, and facade contracting business. The company reports in the following segments Mainland China, Hong Kong, Macau and CSC Development Group. It derives a majority of its revenue from Mainland China.
Executives
Zhong Guo Jian Zhu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Jian Zhu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Hai Wai Ji Tuan You Xian Gong Si 2101 Beneficial owner
China Orient Asset Management (international) Holding Limited 2201 Interest of corporation controlled by you
Gic Private Limited 2102 Investment manager

China State Construction International Holdings Headlines

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