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Xinyi Electric Storage Holdings (HKSE:08328) Accounts Receivable : HK$337.4 Mil (As of Dec. 2024)


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What is Xinyi Electric Storage Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Xinyi Electric Storage Holdings's accounts receivables for the quarter that ended in Dec. 2024 was HK$337.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Xinyi Electric Storage Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.81.


Xinyi Electric Storage Holdings Accounts Receivable Historical Data

The historical data trend for Xinyi Electric Storage 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.

Xinyi Electric Storage Holdings Accounts Receivable Chart

Xinyi Electric Storage 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 68.64 75.36 371.78 334.57 337.36

Xinyi Electric Storage Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 387.72 - 334.57 381.12 337.36

Xinyi Electric Storage Holdings Accounts Receivable Calculation

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


Xinyi Electric Storage 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.

Xinyi Electric Storage Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=337.361/0*91
=

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

Xinyi Electric Storage Holdings'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)
=(111.706+0.75 * 337.361+0.5 * 139.153-1049.883
-0-23.745)/785.485
=-0.81

* 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.


Xinyi Electric Storage Holdings Accounts Receivable Related Terms

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Xinyi Electric Storage Holdings Business Description

Traded in Other Exchanges
N/A
Address
135 Hoi Bun Road, Unit 2116-2117, 21st Floor, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Xinyi Electric Storage Holdings Ltd is an investment holding company. The company's operating segment includes Electric storage business; EPC Services; Automobile glass repair and replacement services and others. It generates maximum revenue from the EPC Services segment. The EPC Services segment is engaged in the provision of EPC Services for photovoltaic power stations in the PRC and Canada. Geographically, the company generates revenue from Canada, Hong Kong, Others and The PRC, being the majority revenue generator.
Executives
Lee Yin Yee 2201 Interest of corporation controlled by you
Lee Sing Din 2201 Interest of corporation controlled by you
Li Ching Leung 2201 Interest of corporation controlled by you
Li Ching Wai 2201 Interest of corporation controlled by you
Sze Tan Hung 2202 Interest of your spouse
Tung Ching Sai 2201 Interest of corporation controlled by you
Tung Ching Bor 2201 Interest of corporation controlled by you
Ng Ngan Ho 2201 Interest of corporation controlled by you
Sze Nang Sze 2201 Interest of corporation controlled by you
Tung Hai Chi 2202 Interest of your spouse

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