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Yuexiu Property Co (HKSE:00123) Accounts Receivable : HK$900 Mil (As of Dec. 2023)


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What is Yuexiu Property Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yuexiu Property Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$900 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yuexiu Property Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 3.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yuexiu Property Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-53.31.


Yuexiu Property Co Accounts Receivable Historical Data

The historical data trend for Yuexiu Property 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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Yuexiu Property Co Accounts Receivable Chart

Yuexiu Property 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 76.01 191.85 154.02 568.07 900.24

Yuexiu Property Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 154.02 432.03 568.07 878.01 900.24

Yuexiu Property Co Accounts Receivable Calculation

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


Yuexiu Property 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.

Yuexiu Property Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=900.237/52640.104*91
=3.12

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

Yuexiu Property Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(32009.713+0.75 * 900.237+0.5 * 261357.064-327007.017
-0-50948.084)/4025.39
=-53.31

* 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.


Yuexiu Property Co Accounts Receivable Related Terms

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Yuexiu Property Co (HKSE:00123) Business Description

Traded in Other Exchanges
Address
160-174 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Property Co Ltd is engaged in the real estate sector. Most of the company's activities are focused on property development. Its business is broadly classified into the Property Development, Property Management, Property Investment, and Others segments. The Property Development segment contributes the majority of the revenue. The Property Investment segment is engaged in the leasing of properties and the Property Management segment is engaged in the provision of property management services. Other segment derive revenue from real estate agencies and decoration services.
Executives
Yue Xiu Enterprises (holdings) Limited 2201 Interest of corporation controlled by you
Bosworth International Limited 2101 Beneficial owner
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Di Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

Yuexiu Property Co (HKSE:00123) Headlines

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