Xiabuxiabu Catering Management (China) Hldgs Co (HKSE:00520) Accounts Receivable : HK$76 Mil (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Xiabuxiabu Catering Management (China) Hldgs Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Xiabuxiabu Catering Management (China) Hldgs Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$76 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Xiabuxiabu Catering Management (China) Hldgs Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 4.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Xiabuxiabu Catering Management (China) Hldgs Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-2.05.

Xiabuxiabu Catering Management (China) Hldgs Co Accounts Receivable Historical Data

The historical data trend for Xiabuxiabu Catering Management (China) Hldgs 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.

* Premium members only.

Xiabuxiabu Catering Management (China) Hldgs Co Accounts Receivable Chart

Xiabuxiabu Catering Management (China) Hldgs Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

40.25

62.09

51.12

56.96

76.39

Xiabuxiabu Catering Management (China) Hldgs 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															51.12	34.67	56.96	44.76	76.39

Xiabuxiabu Catering Management (China) Hldgs Co Accounts Receivable Calculation

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

Xiabuxiabu Catering Management (China) Hldgs 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.

Xiabuxiabu Catering Management (China) Hldgs 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
=	76.392	/	3359.915	*	91
=	4.15

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

Xiabuxiabu Catering Management (China) Hldgs 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)
=	(717.636	+	0.75 * 76.392	+	0.5 * 377.947	-	3113.27
-	0	-	75.032)	/	1086.17
=	-2.05

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.

Xiabuxiabu Catering Management (China) Hldgs Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Xiabuxiabu Catering Management (China) Hldgs Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Xiabuxiabu Catering Management (China) Hldgs Co (HKSE:00520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Xiabuxiabu Catering Management (China) Hldgs Co Ltd (HKSE:00520) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

0XI:Germany

Address

Suncun Industrial Development Zone, Huangcun Town, Daxing District, Beijing, CHN

Website

https://www.xiabu.com

Xiabuxiabu Catering Management is a Chinese multibrand restaurant operator. The firm generates most of its revenue from two hot pot restaurant chains—Xiabuxiabu and Coucou. Started in 1998, the namesake Xiabuxiabu brand is known for serving the Chinese hot pot format in a value-oriented, quick-service setting. Diners of Xiabuxiabu usually sit on bar counters, and a pot is provided for each diner. The Coucou brand was launched in 2016 as part of the group's foray into the high-end hot pot market. Unlike the group's namesake restaurant, Coucou serves Taiwanese-style hot pot in a beautifully decorated sit-down setting. The group does not franchise any of its restaurant brands, meaning all of its restaurants are self-operated and company-owned.

Executives

Ho Kuang-chi	2101 Beneficial owner
Chen Su-yin	2202 Interest of your spouse
Blackrock, Inc.	2201 Interest of corporation controlled by you
The Goldman Sachs Group, Inc.	2201 Interest of corporation controlled by you
China International Capital Corporation (international) Limited	2201 Interest of corporation controlled by you
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited	2105 Underwriter
Gap (bermuda) Limited	2201 Interest of corporation controlled by you
General Atlantic Genpar (bermuda), L.p.	2201 Interest of corporation controlled by you
General Atlantic Partners (bermuda) Ii, L.p.	2201 Interest of corporation controlled by you
General Atlantic Partners (bermuda) Iv, L.p.	2201 Interest of corporation controlled by you
General Atlantic Singapore Fund Interholdco Ltd.	2201 Interest of corporation controlled by you
General Atlantic Singapore Fund Pte. Ltd.	2101 Beneficial owner

Xiabuxiabu Catering Management (China) Hldgs Co (HKSE:00520) Headlines

No Headlines