Ye Xing Group Holdings (HKSE:01941) Accounts Receivable : HK$153.1 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Ye Xing Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ye Xing Group Holdings's accounts receivables for the quarter that ended in Dec. 2023 was HK$153.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ye Xing Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 149.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ye Xing Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.11.

Ye Xing Group Holdings Accounts Receivable Historical Data

The historical data trend for Ye Xing Group Holdings'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.

Ye Xing Group Holdings Accounts Receivable Chart

Ye Xing Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

15.47

126.30

186.90

167.63

153.07

Ye Xing Group Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial								186.90	206.50	167.63	191.45	153.07

Ye Xing Group Holdings Accounts Receivable Calculation

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

Ye Xing Group Holdings 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.

Ye Xing Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	153.069	/	186.683	*	91
=	149.64

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

Ye Xing Group Holdings'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)
=	(153.227	+	0.75 * 153.069	+	0.5 * 0	-	222.704
-	0	-	1.046)	/	405.31
=	0.11

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.

Ye Xing Group Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Ye Xing Group Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ye Xing Group Holdings (HKSE:01941) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ye Xing Group Holdings Ltd (HKSE:01941) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 108, No. 45 Xinrong North Street, Xihongmen, Daxing District, Beijing, CHN

Website

http://www.hongkunwuye.com

Ye Xing Group Holdings Ltd is a property management service provider offering comprehensive property management and related services for residential and non-residential properties in the PRC. Its services include Property Management Services that provide property owners and residents with a variety of property management services; Property Developer related Services that include sales assistance services, pre-delivery cleaning and preparation services, post-delivery repair services, and planning and design consultancy and inspection services; and Value-Added Services that provide property owners and residents with community-related value-added services ranging from home living services to other value-added services that provide convenience to the property owners and residents.

Executives

Winz Strategy Company Limited	2101 Beneficial owner
Chan Sheung Chi	2101 Beneficial owner
Li Yin Ping	2101 Beneficial owner
Zhao Weihao	2201 Interest of corporation controlled by you
Ascendor Futur Holdings Limited	2101 Beneficial owner
Wang Qian	2202 Interest of your spouse
Will Full Holdings Limited	2201 Interest of corporation controlled by you
Wu Hong	2201 Interest of corporation controlled by you
Zhao Bin	2201 Interest of corporation controlled by you

Ye Xing Group Holdings (HKSE:01941) Headlines

No Headlines