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China Development Bank Intl Invt (HKSE:1062) Accounts Receivable : HK$0.00 Mil (As of Dec. 2023)


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What is China Development Bank Intl Invt Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Development Bank Intl Invt's accounts receivables for the quarter that ended in Dec. 2023 was HK$0.00 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. China Development Bank Intl Invt's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.03.


China Development Bank Intl Invt Accounts Receivable Historical Data

The historical data trend for China Development Bank Intl Invt'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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China Development Bank Intl Invt Accounts Receivable Chart

China Development Bank Intl Invt Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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China Development Bank Intl Invt Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Dec13 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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China Development Bank Intl Invt Accounts Receivable Calculation

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


China Development Bank Intl Invt 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 Development Bank Intl Invt's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-158.005*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), China Development Bank Intl Invt's accounts receivable are only considered to be worth 75% of book value:

China Development Bank Intl Invt'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)
=(86.451+0.75 * 0+0.5 * 0-4.793
-0-0)/2902.22
=0.03

* 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 Development Bank Intl Invt Accounts Receivable Related Terms

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China Development Bank Intl Invt (HKSE:1062) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Finance Street, Suites 4506 - 4509, Two International Finance Centre, Central, Hong Kong, HKG
China Development Bank Intl Invt Ltd is an investment company. Its investment objective is to achieve medium-term to long-term capital appreciation of its assets through investments in money market securities, equity, and debt-related securities in listed and/or unlisted companies or entities.

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