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Haitong Unitrust International Financial Leasing Co (HKSE:01905) Accounts Receivable : HK$0 Mil (As of Dec. 2023)


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What is Haitong Unitrust International Financial Leasing Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Haitong Unitrust International Financial Leasing Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Haitong Unitrust International Financial Leasing Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Haitong Unitrust International Financial Leasing Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-12.59.


Haitong Unitrust International Financial Leasing Co Accounts Receivable Historical Data

The historical data trend for Haitong Unitrust International Financial Leasing 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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Haitong Unitrust International Financial Leasing Co Accounts Receivable Chart

Haitong Unitrust International Financial Leasing Co Annual Data
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Haitong Unitrust International Financial Leasing Co Semi-Annual Data
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Haitong Unitrust International Financial Leasing Co Accounts Receivable Calculation

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


Haitong Unitrust International Financial Leasing 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.

Haitong Unitrust International Financial Leasing 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
=0/2845.16*91
=0.00

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

Haitong Unitrust International Financial Leasing 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)
=(9168.427+0.75 * 0+0.5 * 0-112774.963
-0-54.071)/8235.3
=-12.59

* 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.


Haitong Unitrust International Financial Leasing Co Accounts Receivable Related Terms

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Haitong Unitrust International Financial Leasing Co (HKSE:01905) Business Description

Traded in Other Exchanges
Address
No. 599 South Zhongshan Road, Haitong Unitrust Tower, Huangpu District, Shanghai, CHN, 200010
Haitong Unitrust International Financial Leasing Co Ltd is engaged in providing financial leasing, operating leasing, factoring, entrusted loans, other loans, and advisory services. It also provides the purchase of leased assets from both domestic and international suppliers, residual value disposal and maintenance of leased assets, advisory services, and guarantee of lease transactions.
Executives
Haitong International Holdings Limited 2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd. 2201 Interest of corporation controlled by you
Haitong Ut Capital Group Co., Limited 2101 Beneficial owner

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