Shanghai Fosun Pharmaceutical (Group) Co (STU:08HH) Accounts Receivable : €1,072 Mil (As of Sep. 2024)

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What is Shanghai Fosun Pharmaceutical (Group) Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shanghai Fosun Pharmaceutical (Group) Co's accounts receivables for the quarter that ended in Sep. 2024 was €1,072 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shanghai Fosun Pharmaceutical (Group) Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 73.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shanghai Fosun Pharmaceutical (Group) Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-2.02.

Shanghai Fosun Pharmaceutical (Group) Co Accounts Receivable Historical Data

The historical data trend for Shanghai Fosun Pharmaceutical (Group) 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.

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Shanghai Fosun Pharmaceutical (Group) Co Accounts Receivable Chart

Shanghai Fosun Pharmaceutical (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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560.45

573.79

837.82

1,027.46

981.67

Shanghai Fosun Pharmaceutical (Group) 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															1,005.15	981.67	950.18	1,045.26	1,071.61

Shanghai Fosun Pharmaceutical (Group) Co Accounts Receivable Calculation

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

Shanghai Fosun Pharmaceutical (Group) 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.

Shanghai Fosun Pharmaceutical (Group) 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
=	1071.612	/	1330.5	*	91
=	73.49

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

Shanghai Fosun Pharmaceutical (Group) 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)
=	(1990.203	+	0.75 * 1071.612	+	0.5 * 946.741	-	7139.516
-	0	-	1514.374)	/	2671.33
=	-2.02

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.

Shanghai Fosun Pharmaceutical (Group) Co Accounts Receivable Related Terms

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Shanghai Fosun Pharmaceutical (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shanghai Fosun Pharmaceutical (Group) Co Ltd (STU:08HH) » Definitions » Accounts Receivable

Traded in Other Exchanges

SFOSF:USA 02196:Hong Kong 08HH:Germany 600196:China

Address

No. 1289 Yishan Road, Building A, Fosun Technology Park, Shanghai, CHN, 200233

Website

https://www.fosunpharma.com

Shanghai Fosun Pharmaceutical (Group) Co Ltd is engaged in the development, manufacture, and sale of pharmaceutical products and medical equipment, the import and export of medical equipment, and the provision of related and other consulting services and investment management. Its business segments are Pharmaceutical manufacturing, Healthcare Services, Medical devices, and medical diagnosis. It generates the majority of its revenue from the Pharmaceutical manufacturing segment. The company considers merger and acquisition investment as a potential component of its operational growth for expanding its research, development, manufacturing, and marketing capabilities. Its geographic areas are the Chinese mainland, Regions outside the Chinese mainland, and other countries.

Shanghai Fosun Pharmaceutical (Group) Co Headlines

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