Overseas Chinese Town (Asia) Holdings (HKSE:03366) Accounts Receivable : HK$61 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Overseas Chinese Town (Asia) Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Overseas Chinese Town (Asia) Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$61 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Overseas Chinese Town (Asia) Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 9.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Overseas Chinese Town (Asia) Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-21.11.

Overseas Chinese Town (Asia) Holdings Accounts Receivable Historical Data

The historical data trend for Overseas Chinese Town (Asia) 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.

Overseas Chinese Town (Asia) Holdings Accounts Receivable Chart

Overseas Chinese Town (Asia) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

979.29

15.19

7.72

5.58

60.61

Overseas Chinese Town (Asia) Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															7.72	3.34	5.58	11.33	60.61

Overseas Chinese Town (Asia) Holdings Accounts Receivable Calculation

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

Overseas Chinese Town (Asia) 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.

Overseas Chinese Town (Asia) 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
=	60.613	/	1169.394	*	91
=	9.46

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

Overseas Chinese Town (Asia) 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)
=	(2687.781	+	0.75 * 60.613	+	0.5 * 13577.665	-	21431.829
-	0	-	3891.094)	/	748.366
=	-21.11

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.

Overseas Chinese Town (Asia) Holdings Accounts Receivable Related Terms

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

Overseas Chinese Town (Asia) Holdings (HKSE:03366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Overseas Chinese Town (Asia) Holdings Ltd (HKSE:03366) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

1 Garden Road, 59th Floor, Bank of China Tower, Hong Kong, HKG

Website

https://www.oct-asia.com

Overseas Chinese Town (Asia) Holdings Ltd is an investment holding company. It operates its business through three segments. The Comprehensive Development Business segment which drives the majority of revenue is engaged in the development and operation of the tourism theme park, the development, and sales of residential properties, and the development and management of properties; Equity investment and fund business segment engage in the investment in new urbanization industrial ecospheres, such as domestic and overseas direct investments, industrial funds, and education. The Finance lease business segment engages in the finance lease business. It generates the majority of its revenue from Mainland China.

Executives

Pacific Climax Limited	2101 Beneficial owner
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si	2201 Interest of corporation controlled by you

Overseas Chinese Town (Asia) Holdings (HKSE:03366) Headlines

No Headlines