Alibaba Pictures Group (HKSE:01060) Accounts Receivable : HK$2,312 Mil (As of Sep. 2023)

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What is Alibaba Pictures Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alibaba Pictures Group's accounts receivables for the quarter that ended in Sep. 2023 was HK$2,312 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alibaba Pictures Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 150.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alibaba Pictures Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$0.22.

Alibaba Pictures Group Accounts Receivable Historical Data

The historical data trend for Alibaba Pictures 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.

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Alibaba Pictures Group Accounts Receivable Chart

Alibaba Pictures Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

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1,401.21

1,152.41

1,834.02

2,064.93

3,082.69

Alibaba Pictures Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial															1,784.55	2,064.93	2,058.59	3,082.69	2,312.47

Alibaba Pictures Group Accounts Receivable Calculation

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

Alibaba Pictures 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.

Alibaba Pictures Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2312.468	/	2805.696	*	91
=	150.42

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

Alibaba Pictures Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(7425.822	+	0.75 * 2312.468	+	0.5 * 39.898	-	3153.076
-	0	-	55.924)	/	26975.7
=	0.22

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.

Alibaba Pictures Group Accounts Receivable Related Terms

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Alibaba Pictures Group (HKSE:01060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alibaba Pictures Group Ltd (HKSE:01060) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CBW:Germany

Address

1 Matheson Street, 26th Floor, Tower One, Times Square, Causeway Bay, Hong Kong, HKG

Website

http://www.alibabapictures.com

Alibaba Pictures Group Ltd a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Technology, Content production, and IP merchandising and commercialization. The Technology segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Content segment generates most of the company's revenue.

Executives

Bian Ximing	2101 Beneficial owner
Ali Cv Investment Holding Limited
Alibaba Group Holding Limited
Alibaba Investment Limited
Yang Minghua	2101 Beneficial owner

Alibaba Pictures Group (HKSE:01060) Headlines

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