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CAOVY (China Overseas Land & Investment) Change In Receivables : $939 Mil (TTM As of Jun. 2024)


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What is China Overseas Land & Investment Change In Receivables?

China Overseas Land & Investment's change in receivables for the quarter that ended in Jun. 2024 was $-305 Mil. It means China Overseas Land & Investment's Accounts Receivable increased by $305 Mil from Dec. 2023 to Jun. 2024 .

China Overseas Land & Investment's change in receivables for the fiscal year that ended in Dec. 2023 was $-9 Mil. It means China Overseas Land & Investment's Accounts Receivable increased by $9 Mil from Dec. 2022 to Dec. 2023 .

China Overseas Land & Investment's Accounts Receivable for the quarter that ended in Jun. 2024 was $935 Mil.

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 Receivable are being managed. China Overseas Land & Investment's Days Sales Outstanding for the six months ended in Jun. 2024 was 14.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Overseas Land & Investment's liquidation value for the six months ended in Jun. 2024 was $-22,515 Mil.

China Overseas Land & Investment Change In Receivables Historical Data

The historical data trend for China Overseas Land & Investment's Change In Receivables 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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China Overseas Land & Investment Change In Receivables Chart

China Overseas Land & Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -419.39 -619.39 771.45 140.94 -9.04

China Overseas Land & Investment Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables 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 -184.98 318.58 -1,249.86 1,244.53 -305.13

China Overseas Land & Investment Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $939 Mil.

* 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.

China Overseas Land & Investment  (OTCPK:CAOVY) Change In Receivables 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 Receivable are being managed.

China Overseas Land & Investment's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=934.952/11983.325*91
=14.24

2. In Ben Graham's calculation of liquidation value, China Overseas Land & Investment's accounts receivable are only considered to be worth 75% of book value:

China Overseas Land & Investment's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=13816.846-70555.191+0.75 * 934.952+0.5 * 67044.519
=-22,515

* 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.

China Overseas Land & Investment Change In Receivables Related Terms

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China Overseas Land & Investment Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Overseas Land & Investment Ltd (OTCPK:CAOVY) » Definitions » Change In Receivables
Comparable Companies
HKSE:01109 HKSE:01113 HKSE:00016 HKSE:00083 HKSE:00960 HKSE:00004 HKSE:01908 HKSE:03900 HKSE:00683 HKSE:00123 DFM:EMAAR PHS:HVN TSE:1925 BOM:532868 ADX:ALDAR BOM:543287 SHSE:600048 DFM:EMAARDEV SZSE:001979 SZSE:000002
Traded in Other Exchanges
CAOVF:USA 00688:Hong Kong CPP:Germany
Address
1 Queen's Road East, 10th Floor, Three Pacific Place, Hong Kong, HKG
Website
http://www.coli.com.hk
China Overseas Land & Investment, or COLI, is a large real estate developer in China. Property development accounts for most of the core earnings, with operating scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds a 39.6% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.