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Beijing Enterprises Water Group (HKSE:00371) Accounts Receivable : HK$10,803 Mil (As of Dec. 2023)


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What is Beijing Enterprises Water Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing Enterprises Water Group's accounts receivables for the quarter that ended in Dec. 2023 was HK$10,803 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing Enterprises Water Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 148.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing Enterprises Water Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-12.50.


Beijing Enterprises Water Group Accounts Receivable Historical Data

The historical data trend for Beijing Enterprises Water Group'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.

Beijing Enterprises Water Group Accounts Receivable Chart

Beijing Enterprises Water Group 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 6,324.51 8,955.07 8,919.23 10,978.03 10,803.48

Beijing Enterprises Water Group 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 8,919.23 10,732.65 10,978.03 10,941.47 10,803.48

Beijing Enterprises Water Group Accounts Receivable Calculation

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


Beijing Enterprises Water Group 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.

Beijing Enterprises Water Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10803.479/13298.774*91
=148.26

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

Beijing Enterprises Water Group'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)
=(11260.945+0.75 * 10803.479+0.5 * 391.695-122760.241
-0-22340.404)/10046.6
=-12.50

* 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.


Beijing Enterprises Water Group Accounts Receivable Related Terms

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Beijing Enterprises Water Group (HKSE:00371) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Rooms 6706-07, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Water Group Ltd is a provider of waste treatment services in China. The company's business segments are Sewage and reclaimed water treatment and construction services, Water distribution services, and Technical and consultancy services and sales of machineries. Majority of the revenue is derived from Sewage and reclaimed water treatment and construction services segment.
Executives
Beijing Enterprises Group Company Limited
Beijing Enterprises Group (bvi) Company Limited
Beijing Enterprises Holdings Limited
Beijing Enterprises Investments Limited
Modern Orient Limited
Zhong Guo Chang Jiang San Xia Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Chang Jiang Sheng Tai Huan Bao Xiang Gang Tou Zi You Xian Gong Si 2101 Beneficial owner
Chang Jiang Sheng Tai Huan Bao Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
San Xia Zi Ben Kong Gu Xiang Gang You Xian Gong Si 2101 Beneficial owner
San Xia Zi Ben Kong Gu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you

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