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Dongguan Rural Commercial Bank Co (HKSE:09889) Accounts Receivable : HK$0 Mil (As of Dec. 2023)


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What is Dongguan Rural Commercial Bank Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dongguan Rural Commercial Bank 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. Dongguan Rural Commercial Bank 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. Dongguan Rural Commercial Bank Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-95.43.


Dongguan Rural Commercial Bank Co Accounts Receivable Historical Data

The historical data trend for Dongguan Rural Commercial Bank 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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Dongguan Rural Commercial Bank Co Accounts Receivable Chart

Dongguan Rural Commercial Bank Co Annual Data
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Dongguan Rural Commercial Bank Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Dongguan Rural Commercial Bank Co Accounts Receivable Calculation

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


Dongguan Rural Commercial Bank 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.

Dongguan Rural Commercial Bank 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
=0/6680.555*91
=0.00

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

Dongguan Rural Commercial Bank 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)
=(58205.508+0.75 * 0+0.5 * 0-712449.344
-0-3105.402)/6888.55
=-95.43

* 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.


Dongguan Rural Commercial Bank Co Accounts Receivable Related Terms

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Dongguan Rural Commercial Bank Co (HKSE:09889) Business Description

Traded in Other Exchanges
N/A
Address
No.2, Hongfu East Road, Dongcheng District, Guangdong Province, Dongguan, CHN, 523123
Dongguan Rural Commercial Bank Co Ltd is engaged in providing financial services in China. It operates in four segments: Corporate banking, which covers financial products and services to corporate customers, governments, and financial institutions; Personal banking business segment covers financial products and services to individual customers; Treasury segment covers the Group's money market transactions, repurchase transactions, debt instrument investments, wealth management products, and precious metals; and Others.
Executives
Scoperto Limited 2101 Beneficial owner
Lee Kar Lung 2201 Interest of corporation controlled by you
Lion Fund Management Co.,ltd. 2102 Investment manager
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Nong Yin Guo Ji Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Nong Yin Guo Ji Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Nong Ye Yin Xing Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jun Xi You Xian Gong Si 2106 Person having a security interest in shares
Yam Tak Cheung 2201 Interest of corporation controlled by you
Fook Man Development Company Limited 2101 Beneficial owner
Dong Guan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Guo Tai Ji Jin Guan Li You Xian Gong Si
Cai Tong Ji Jin Guan Li You Xian Gong Si 2501 Other
Cai Tong Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Guan Shi Jiao Tong Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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