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YTO International Express and Supply Chain Technology (HKSE:06123) Accounts Receivable : HK$1,045 Mil (As of Dec. 2023)


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What is YTO International Express and Supply Chain Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. YTO International Express and Supply Chain Technology's accounts receivables for the quarter that ended in Dec. 2023 was HK$1,045 Mil.

Accounts receivable can be measured by Days Sales Outstanding. YTO International Express and Supply Chain Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 67.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. YTO International Express and Supply Chain Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$1.68.


YTO International Express and Supply Chain Technology Accounts Receivable Historical Data

The historical data trend for YTO International Express and Supply Chain Technology'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.

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YTO International Express and Supply Chain Technology Accounts Receivable Chart

YTO International Express and Supply Chain Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 561.28 772.81 1,212.37 788.99 1,044.86

YTO International Express and Supply Chain Technology 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 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 1,212.37 963.68 788.99 594.01 1,044.86

YTO International Express and Supply Chain Technology Accounts Receivable Calculation

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


YTO International Express and Supply Chain Technology 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.

YTO International Express and Supply Chain Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1044.855/2824.028*91
=67.52

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), YTO International Express and Supply Chain Technology's accounts receivable are only considered to be worth 75% of book value:

YTO International Express and Supply Chain Technology'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)
=(827.629+0.75 * 1044.855+0.5 * 0-898.204
-0-6.106)/420.19
=1.68

* 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.


YTO International Express and Supply Chain Technology Accounts Receivable Related Terms

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YTO International Express and Supply Chain Technology (HKSE:06123) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 2208, 22nd Floor, Office Tower, Skyline Tower, Kowloon Bay, Hong Kong, HKG
YTO International Express and Supply Chain Technology Ltd is an investment holding company. It is engaged in the provision of freight and logistics services and other related services. The company's operating segment includes Air freight; Ocean freight; Logistics; International express and parcel and Others. It generates maximum revenue from the Airfreight segment. The Airfreight segment is related to freight forwarding by air. Geographically, it derives a majority of its revenue from PRC.
Executives
Yu Huijiao
Zhang Xiaojuan
Yto Global Holdings Limited
Yuan Tong Su Di Gu Fen You Xian Gong Si
Shang Hai Yuan Tong Jiao Long Tou Zi Fa Zhan Ji Tuan You Xian Gong Si

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