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Poly Property Services Co (HKSE:06049) Accounts Receivable : HK$2,987 Mil (As of Dec. 2024)


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What is Poly Property Services Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Poly Property Services Co's accounts receivables for the quarter that ended in Dec. 2024 was HK$2,987 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Poly Property Services Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 60.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Poly Property Services Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$9.50.


Poly Property Services Co Accounts Receivable Historical Data

The historical data trend for Poly Property Services 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.

Poly Property Services Co Accounts Receivable Chart

Poly Property Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 1,047.63 1,741.55 2,527.32 2,560.03 2,986.63

Poly Property Services Co Semi-Annual Data
Dec16 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 2,527.32 3,238.20 2,560.03 3,852.36 2,986.63

Poly Property Services Co Accounts Receivable Calculation

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


Poly Property Services 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.

Poly Property Services Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2986.627/9044.184*91
=60.27

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

Poly Property Services Co'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)
=(10559.993+0.75 * 2986.627+0.5 * 33.776-7377.495
-0-181.861)/553.333
=9.50

* 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.


Poly Property Services Co Accounts Receivable Related Terms

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Poly Property Services Co Business Description

Traded in Other Exchanges
N/A
Address
No. 832 Yue Jiang Zhong Road, 48-49th Floor, Poly Plaza, Hai Zhu District, Guangdong Province, Guangzhou, CHN
Poly Property Services Co Ltd is engaged in provision of property management services, community value-added services, and value-added services to non-property owners. The Company's property management services are engaged in providing property management services to property owners, residents, and property developers, including security, cleaning, greening, gardening, and repair and maintenance. Value-added services to non-property owners engaged in the provision of services to non-property owners, including pre-delivery and other services, Community value-added services include community living services, such as purchase assistance, turnkey furnishing and move-in services, housekeeping and other bespoken services, parking lot management services, and common area value-added services.
Executives
Xi Zang He Tai Qi Ye Guan Li You Xian Gong Si 2101 Beneficial owner
Guang Zhou Bao Li He Tai Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Bao Li Fa Zhan Kong Gu Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Bao Li Nan Fang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bao Li Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Fidelity Funds 2101 Beneficial owner
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Hsbc Global Asset Management (hong Kong) Limited 2102 Investment manager
Xing Zheng Quan Qiu Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Citigroup Inc. 2201 Interest of corporation controlled by you

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