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Sinopec Kantons Holdings (STU:SAK) Accounts Receivable : €8.25 Mil (As of Dec. 2024)


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What is Sinopec Kantons Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sinopec Kantons Holdings's accounts receivables for the quarter that ended in Dec. 2024 was €8.25 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sinopec Kantons Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 36.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sinopec Kantons Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €0.33.


Sinopec Kantons Holdings Accounts Receivable Historical Data

The historical data trend for Sinopec Kantons 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.

Sinopec Kantons Holdings Accounts Receivable Chart

Sinopec Kantons 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 67.55 184.02 65.00 11.02 8.25

Sinopec Kantons Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 65.00 82.49 11.02 19.36 8.25

Sinopec Kantons Holdings Accounts Receivable Calculation

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


Sinopec Kantons 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.

Sinopec Kantons 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
=8.249/41.261*91
=36.49

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

Sinopec Kantons 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)
=(852.997+0.75 * 8.249+0.5 * 0.355-46.653
-0-0.239)/2486.160
=0.33

* 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.


Sinopec Kantons Holdings Accounts Receivable Related Terms

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Sinopec Kantons Holdings Business Description

Traded in Other Exchanges
Address
18 Whitfield Road, 34th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Sinopec Kantons Holdings Ltd is a company that operates in the storage, logistics, and trading industry. It provides crude oil and oil product terminals, ancillary facilities, and logistics services including storage, transportation, and terminal services. The company has two main segments: the crude oil jetty and storage services segment which caters to crude oil transportation, unloading, storage, and other jetty services for oil tankers in the PRC, Europe, and the Middle East, and the vessel chartering and logistics services segment which provides vessel chartering services for liquefied natural gas transportation in the PRC, Australia, and Papua New Guinea. The majority of the company's revenue is generated from the crude oil jetty and storage services segment.

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