GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Postal Savings Bank Of China Co Ltd (HKSE:01658) » Definitions » Accounts Receivable

Postalvings Bank Of China Co (HKSE:01658) Accounts Receivable : HK$0 Mil (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Postalvings Bank Of China Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Postalvings Bank Of China Co's accounts receivables for the quarter that ended in Mar. 2024 was HK$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Postalvings Bank Of China Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Postalvings Bank Of China Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was HK$-147.52.


Postalvings Bank Of China Co Accounts Receivable Historical Data

The historical data trend for Postalvings Bank Of China 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.

Postalvings Bank Of China Co Accounts Receivable Chart

Postalvings Bank Of China Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only - - - - -

Postalvings Bank Of China Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Postalvings Bank Of China Co Accounts Receivable Calculation

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


Postalvings Bank Of China 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.

Postalvings Bank Of China Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/97147.94*91
=0.00

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

Postalvings Bank Of China Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(2018860.856+0.75 * 0+0.5 * 0-16645666.751
-0-1927.099)/99161.1
=-147.52

* 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.


Postalvings Bank Of China Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Postalvings Bank Of China Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Postalvings Bank Of China Co (HKSE:01658) Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG
Postal Savings Bank of China is headquartered in Beijing. The bank is the fifth-largest commercial bank in China by deposits. The bank was established in 2007 as the postal savings and remittance business of its parent, China Post Group. The bank completed its joint-stock reform in 2012. The bank got listed on Hong Kong and Shanghai stock exchanges in 2016 and 2019 respectively. It boasts over 500 million individual customers and more than 40,000 outlets, which are among the largest customer bases and distribution networks in China.

Postalvings Bank Of China Co (HKSE:01658) Headlines

No Headlines