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Bank of Zhengzhou Co (SZSE:002936) Accounts Receivable : ¥0 Mil (As of Mar. 2024)


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What is Bank of Zhengzhou Co Accounts Receivable?

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

Accounts receivable can be measured by Days Sales Outstanding. Bank of Zhengzhou 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. Bank of Zhengzhou Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-60.15.


Bank of Zhengzhou Co Accounts Receivable Historical Data

The historical data trend for Bank of Zhengzhou 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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Bank of Zhengzhou Co Accounts Receivable Chart

Bank of Zhengzhou Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Bank of Zhengzhou Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Bank of Zhengzhou Co Accounts Receivable Calculation

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


Bank of Zhengzhou 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.

Bank of Zhengzhou 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
=0/3406.1*91
=0.00

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

Bank of Zhengzhou 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)
=(32230.582+0.75 * 0+0.5 * 0-577252.817
-0-1885.811)/9092.09
=-60.15

* 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.


Bank of Zhengzhou Co Accounts Receivable Related Terms

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Bank of Zhengzhou Co (SZSE:002936) Business Description

Traded in Other Exchanges
Address
No. 22 Shangwu waihuan Road, Zhengdong New District, Henan Province, Zhengzhou, CHN, 450046
Bank of Zhengzhou Co Ltd lays emphasis on commercial banking operations in China. The bank functions through the corporate, retail and treasury banking divisions. The corporate banking segment is the majority revenue generating segment for the company with a range of financial products and services tailor-made for corporations, government agencies and financial institutions. The retail banking segment provides similar services to individual customers and the treasury operations comprise of including interbank money market transactions, repurchases transactions and investments.
Executives
Li Huai Bin Supervisors
Jiang Tao Executives
Fu Chun Qiao Executives
Sun Hai Gang Executives
Li Hong Executives
Wang Tian Yu Director
Wang Yan Li Executives
Ji Hong Jun Director
Zhang Hou Lin Executives
Xia Hua Secretary, Director
Liu Jiu Qing Executives
Wang Shi Hao Director
Zhao Li Juan Supervisors
Wang Zhao Qi Executives
Shen Xue Qing Directors, executives

Bank of Zhengzhou Co (SZSE:002936) Headlines

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