GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Haier Smart Home Co Ltd (OTCPK:HRSHF) » Definitions » Accounts Receivable

HRSHF (Haier Smart Home Co) Accounts Receivable : $3,895 Mil (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Haier Smart Home Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Haier Smart Home Co's accounts receivables for the quarter that ended in Mar. 2025 was $3,895 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Haier Smart Home Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 32.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Haier Smart Home Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was $-1.10.


Haier Smart Home Co Accounts Receivable Historical Data

The historical data trend for Haier Smart Home 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.

Haier Smart Home Co Accounts Receivable Chart

Haier Smart Home Co 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 2,436.04 2,296.21 2,278.75 3,176.79 3,636.05

Haier Smart Home Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3,009.00 3,241.74 3,007.07 3,636.05 3,894.98

Haier Smart Home Co Accounts Receivable Calculation

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


Haier Smart Home 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.

Haier Smart Home Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3894.983/10913.905*91
=32.57

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

Haier Smart Home Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(8242.596+0.75 * 3894.983+0.5 * 6187.247-23241.771
-0-1030.582)/9111.899
=-1.10

* 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.


Haier Smart Home Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Haier Smart Home Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Haier Smart Home Co Business Description

Address
Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101
Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2024, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.