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Hainan Airport Infrastructure Co (SHSE:600515) Accounts Receivable : ¥1,321 Mil (As of Sep. 2024)


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What is Hainan Airport Infrastructure Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hainan Airport Infrastructure Co's accounts receivables for the quarter that ended in Sep. 2024 was ¥1,321 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hainan Airport Infrastructure Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 143.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hainan Airport Infrastructure Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-1.50.


Hainan Airport Infrastructure Co Accounts Receivable Historical Data

The historical data trend for Hainan Airport Infrastructure 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.

Hainan Airport Infrastructure Co Accounts Receivable Chart

Hainan Airport Infrastructure Co 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 3,158.24 2,312.42 1,194.39 1,452.13 1,445.92

Hainan Airport Infrastructure Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,481.57 1,445.92 1,552.09 1,455.00 1,320.77

Hainan Airport Infrastructure Co Accounts Receivable Calculation

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


Hainan Airport Infrastructure 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.

Hainan Airport Infrastructure Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1320.765/841.316*91
=143.25

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

Hainan Airport Infrastructure Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(5804.042+0.75 * 1320.765+0.5 * 13379.894-28875.326
-0-1717.229)/11425.3
=-1.50

* 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.


Hainan Airport Infrastructure Co Accounts Receivable Related Terms

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Hainan Airport Infrastructure Co Business Description

Traded in Other Exchanges
N/A
Address
No.3, Guoxing Avenue, Building C, International Finance Building, Meilan District, Hainan Province, Haikou, CHN, 570203
Hainan Airport Infrastructure Co Ltd is mainly engaged in airport management, coordinating the development of duty-free and commercial real estate, real estate development and sales, property management, and hotel catering.
Executives
Lu Xiao Ming Director
Zhu Yu Wen senior management
Zhang Xiang Rui Director
Zhang Han An Director
Shang Duo Xu Director
Huang Qiu Director
Chen De Hui senior management
Ya Zhi Hui senior management
Xia Jian Feng senior management
Xu Xian Hong senior management

Hainan Airport Infrastructure Co Headlines

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