ZDAOF (Zhidao International (Holdings)) Accounts Receivable: $16.59 Mil (As of Sep. 2024)

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ZDAOF Zhidao International (Holdings) Ltd ZDAOF
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What is Zhidao International (Holdings) Accounts Receivable?

Zhidao International (Holdings) ZDAOF 9 Accounts Receivable is $16.59 Mil as of Sep. 2024. GuruFocus rates ZDAOF with a GF Score™ of 9/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zhidao International (Holdings)'s accounts receivables for the quarter that ended in Sep. 2024 was $16.59 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zhidao International (Holdings)'s Days Sales Outstanding for the quarter that ended in Sep. 2024 was 7,209.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zhidao International (Holdings)'s Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.00.

Zhidao International (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.

Zhidao International (Holdings)'s Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.592/0.42*91
=7,209.62

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

Zhidao International (Holdings)'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)
=(1.584+0.75 * 16.592+0.5 * 0-14.072
-0--1.455)/1980.000
=0.00

* 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.

Zhidao International (Holdings) Accounts Receivable Related Terms

Zhidao International (Holdings) Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Zhidao International (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.

Zhidao International (Holdings) Accounts Receivable Chart

Zhidao International (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 1.96 1.84 17.09 16.45

Zhidao International (Holdings) Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 0.41 17.09 19.97 16.45 16.59
ZDAOF
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Zhidao International (Holdings) Ltd ZDAOF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhidao International (Holdings) Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $16.59 Mil mean?
Zhidao International (Holdings) (ZDAOF) has a Accounts Receivable of $16.59 Mil as of Sep. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Zhidao International (Holdings) and its competitors.
Is Zhidao International (Holdings)'s Accounts Receivable too high?
Zhidao International (Holdings)'s current Accounts Receivable is $16.59 Mil. Overall, Zhidao International (Holdings) has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Zhidao International (Holdings)'s Accounts Receivable compare to AA?
Zhidao International (Holdings)'s Accounts Receivable of $16.59 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Zhidao International (Holdings) and its competitors. Zhidao International (Holdings)'s current Accounts Receivable is $16.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhidao International (Holdings) stock overvalued right now?
Zhidao International (Holdings) (ZDAOF) has a current Accounts Receivable of $16.59 Mil. The current Accounts Receivable is $16.59 Mil. Zhidao International (Holdings)'s overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Zhidao International (Holdings) (ZDAOF), the current Accounts Receivable is $16.59 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zhidao International (Holdings) Business Description

Address 302-308 Hennessy Road, Room 2606, 26th Floor, C C Wu Building, Wan Chai, Hong Kong, HKG
Zhidao International (Holdings) Ltd trades and supplies aluminum products. Its segments include trading of aluminum products, construction projects, and money lending. The company generates maximum revenue from the construction projects segment. The construction projects segment includes a supply of aluminum products in construction projects and an extension to the provision of construction and engineering services. Geographically, it derives a majority of its revenue from Macau.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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